Until one day it all goes wrong, or management change and don't care about service so much.
And that also acts as a barrier for new entrants into the market, stifling competition. When you have to just trust that a new market entrant won't run off with your cash, why would you ever risk it?
There's a hell of a lot that consumer protections and existing payment instruments give us.
So use Bitcoin where you trust the seller or the amount is small enough that you don't care and pay the 2-3% credit card insurance premium everywhere else. Win-win.
Agreed. I've had to return things, replace damaged shipments, etc. Newegg has always been extremely helpful. I guess dishonest people can't imagine a scenario where merchants behave that way to, I don't know, retain customers instead of being forced to because their payments are being held hostage.
>> I guess dishonest people can't imagine a scenario where merchants behave that way to, I don't know, retain customers instead of being forced to because their payments are being held hostage.
There are literally thousands of years of history to look at that will show you how naive and ridiculous this view is. Try doing a quick web search on "Caveat Emptor".
And for more recent examples, well try reading anything much about the last few years of bitcoin.
Until one day it all goes wrong, or management change and don't care about service so much.
And that also acts as a barrier for new entrants into the market, stifling competition. When you have to just trust that a new market entrant won't run off with your cash, why would you ever risk it?
There's a hell of a lot that consumer protections and existing payment instruments give us.