[Rantenki]

That doesn't return your money to you like the credit card though. The irreversibility 'feature' of most cryptocurrencies makes it really hard to recover funds stolen through fraud... I guess that is a desirable feature for anybody performing fraud though.

[JohnFen]

Of the things that make cryptocurrency something I want to avoid, the irreversibility part is the biggest problem.

[astrange]

Nothing is ever irreversible, it's just a question of how expensive it is to make the database writes. Ethereum forked the whole currency to undo a write (the DAO hack) and if the legal system can find a hacker they can make them reverse their transaction.

…But having someone with admin access over the network and can fix mistakes is just a lot cheaper than refusing to build that in for ideological reasons.

[JohnFen]

Most (but not all) things in life are technically reversible. But some things are so difficult or expensive to reverse that they are effectively irreversible nonetheless.

[yellowapple]

I'm guessing you avoid cash for the same reason?

[chii]

if you can locate the physical person who stole your crypto, you can always use the rubber hose method of returning your money. I bet it works.