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A comment on Square obtains NY State cryptocurrency license. Parent comment

Re:Square obtains NY State cryptocurrency license by glitchc on Monday June 18, 2018 @02:27PM (#17340479)
Is that meant as a positive or a negative, as chargebacks help the consumer, as does non-repudiation. The general public wants these features in our exchange mediums.
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Re:Square obtains NY State cryptocurrency license by dick_sucker2 on Monday June 18, 2018 @02:39PM (#17340579)
It forces arbitration with the business in the case of a dispute. Wouldn't payment processors and businesses want that?
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Re:Square obtains NY State cryptocurrency license by s73v3r_ on Monday June 18, 2018 @03:25PM (#17340970)
Consumers don't want that.
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Re:Square obtains NY State cryptocurrency license by DINKDINK on Monday June 18, 2018 @04:04PM (#17341244)
You can build a system that allows charge backs on a system that doesn't allow charge backs but you cannot build a system without charge backs on a system that does allow charge backs.

These escrow products already exist for customers on Bitcoin.

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