[Nursie]

LOL.

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.

[aianus]

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.

[Nursie]

Personally I'm happy to have that 2-3% act as insurance on all transactions. Even trusted sellers screw up, fairly frequently.

[rlpb]

Or when the amount is large (and so the 2-3% is huge) and you have a particular reason to trust the seller and save that money.