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Re:How Humble Bundle stops online fraud by kevindong on Friday July 22, 2016 @09:11PM (#12147878)
But would that not defeat the purpose of Bitcoin (don't need to interact with the massive financial institutions, anonymity, etc.)?
Re:How Humble Bundle stops online fraud by samb1729 on Friday July 22, 2016 @09:41PM (#12147957)
It's not necessarily the case that someone would want to use Bitcoin for anonymity, it might just be a more convenient payment method or something else. Doesn't hurt to give people more places to spend their Bitcoin even if the circumstances are less than ideal.
Re:How Humble Bundle stops online fraud by kevindong on Friday July 22, 2016 @09:52PM (#12147983)
In what way can Bitcoin be considered a meaningful alternative (however you define it) if you also have to input a valid credit card number (that, presumably, the merchant will run the traditional $1 verification charge on)?

The reality is that Bitcoin is less convenient than using a regular credit card (because, realistically, you're not going to be mining Bitcoin but rather you'll be buying Bitcoin using your regular credit card/bank account). I would argue that Bitcoin is also worse in every way (no chargebacks, wild fluctuations in the valuation of a unit of Bitcoin, etc.) if you also don't care about anonymity and the product you're buying is fully legal.

Re:How Humble Bundle stops online fraud by rtpg on Saturday July 23, 2016 @12:26AM (#12148333)
CC serves as verification. Bitcoin has less fees.

So it's like "providing an ID", and then paying. Even if bitcoin is not "anonymous" (pseudonymous), there's still the decentralised+cheap nature of it that's worthwhile.

Re:How Humble Bundle stops online fraud by traviscj on Saturday July 23, 2016 @02:04AM (#12148551)
Fees argument doesn't really hold water because authorizations costs money too, even if subsequently voided.