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by cb18 4395 days ago
When people mention "no charge-backs" as an incentive to merchants to use bitcoin, they seem to not realize or gloss over the fact that for that benefit to be realized would require the merchant only transacting in bitcoin. It's not like they can say, charge-back scammers have to use bitcoin, everyone else, credit/debit is fine.

I can't imagine that there are many business where the cost/benefit of only accepting bitcoin to eliminate chargeback losses makes sense.

1 comments

It doesn't have to be so black and white as that. You can take into account other factors such as country of origin of the consumer and identifying information provided as whether to accept a credit card payment or not.