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A comment on Fake Books. Parent comment

Re:Fake Books by cwkoss on Thursday October 27, 2022 @12:22PM (#33359929)
That isn't a property of fiat currency, that's a property of the bank/credit card you use.

Someone could make a service with delayed settlement that is denominated with Bitcoin, and it would work just the same.

If you pay someone with a $100 bill, your only recourse is to ask for them to return it: the same as Bitcoin.

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Re:Fake Books by bryananderson on Friday October 28, 2022 @04:56PM (#33377784)
Sure, but there’s no way for the delayed settlement mechanism to handle fuzzy real-world judgment calls (such as a dispute about whether a service was rendered or not) without resorting to a centralized oracle of some sort—and then you’ve broken trustlessness and may as well have avoided blockchain altogether and saved yourself the transaction fees.
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