Re:Why Banks Are Suddenly Closing Down Customer Accounts
by vikingerik on Monday November 06, 2023 @12:09PM
(#38165318)
> that no one can stop
People don't want that. They do want their financial transactions to be stopped and reversed in the event of theft, fraud, merchant error, defective goods, unprovided services, etc. That's why Bitcoin and the other cryptos haven't caught on universally, there's no recourse when something goes wrong. (Really, Bitcoin just defines any redress as out of scope.)
People don't want that. They do want their financial transactions to be stopped and reversed in the event of theft, fraud, merchant error, defective goods, unprovided services, etc. That's why Bitcoin and the other cryptos haven't caught on universally, there's no recourse when something goes wrong. (Really, Bitcoin just defines any redress as out of scope.)