[PretzelPirate]

> because it doesn't allow chargebacks

You can have chargebacks in crypto if the payment is scripted to allow chargebacks. It would be up to the merchant and the buyer on whether or not to allow that, and who would mediate the dispute.

[miki123211]

And unlike in trad fi, you can have the dispute mediator / escrow manager / trustee be physically limited in what they can do with the money.

Visa can run away with your unclaimed payouts (if forced to do so by law enforcement for example). This doesn't have to be true in crypto; you can set things up so that the third party can either release the money to the payee or send it back to the payer, without giving them the capability to send it to some arbitrary address of their choosing.

[akerl_]

That's not a chargeback, that's an escrow service.

[PretzelPirate]

That is charge back. Even with a credit card, your bank is the mediator between you and the merchant.

[epolanski]

How do you script a chargeback with Bitcoin payments?

[vova_hn2]

One of the options: money go to a 2/3 multisig address, 1 key is controlled by the customer, 1 key is controlled by the service provider, 1 key is controlled by an escrow service.