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yaa_minu | 2 years ago

I know hn is not crypto friendly but crypto payments don't have this problem at all. Many of the heurestics used to defend against these problems too end up hurting we those in emerging markets including even cards issued by local banks. I hope merchants adopt crypto based payments more and more as an alternative.

discuss

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andrewxdiamond|2 years ago

Crypto not supporting chargebacks/disputes is not a feature. CC companies / processors are required by law to support these workflows as consumer protection.

This situation can still happen exactly in a crypto world, but it’s the consumer getting screwed instead of the business.

yaa_minu|2 years ago

In what ways would a consumer be screwed if crypto payments become dominant? I'm genuinely curious