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If you ever wonder what the blockchain people were on about, this is what they were trying to prevent.

Payments that stay paid, under all circumstances, with nobody intermediating.

... except when those payments that stay paid were fraud or theft, then we have a problem

Don't know why you're downvoted, this is pretty much the crux of the story. Someone has to eat chargebacks and fraud costs.

It isn't going to be your payment provider that does so.

Everybody hates the blockchain. Even when it works.

especially when it works.