And this is why BitCoin will never fully take off.
If you made this transaction with your credit card, you could call up your bank two weeks later and get your $2k back that day.
BitCoin? Kiss that virtual fool's gold goodbye.
If you made this transaction with your credit card, you could call up your bank two weeks later and get your $2k back that day.
BitCoin? Kiss that virtual fool's gold goodbye.
Think of it more like cash. If you give someone 2k in cash nobody is going to find that person and refund you.
Except it's being used almost exactly like credit cards, so it is an apples to apples comparison.
>Think of it more like cash. If you give someone 2k in cash nobody is going to find that person and refund you.
Wrong. Tons of cash and debit card transactions can be undone, and banks can and will give you money back from fraudulent transactions.