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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by oarabbus_ on Friday February 22, 2019 @02:27PM (#19228311)
And either the merchant or the company gets stuck with the $5 dispute, while the guilty party enjoys a free $5. Nice system!
Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by arcticbull on Friday February 22, 2019 @05:04PM (#19229554)
That's absolutely not how the chargeback system works. Further, the blockchain system is entirely irreversible so $5 or $500,000 once you get scammed gone is gone and you have zero recourse. Nice system.