These are problems that are unfixable with credit cards. Until they switch to a something you have + something you know + real crypto that prevents interception or reuse of a payment authorization, guarantee any authorized payment will be instantly and irrevocably paid to the merchant, and quit becoming a better-business-bureau, they will only suck.
Traditional payment networks (...) suffer inherent weaknesses:- Some payment fraud is unavoidable,
- Completely non-reversible transactions are not possible; payment processors are involved in disputes,
- Identity fraud and remote account takeover using stolen credentials are possible,
- Payment processors can block funds and freeze accounts,
- You must provide your credit card or account number to sites, which can be stolen by hackers to spend your money.
Bitcoin has none of these problems:- Confirmed Bitcoin payments are absolutely trustable,
- Payments are non-reversible; money cannot be recalled by the sender,
- Identity theft is a non-issue - payment recipients don't need to obtain the identity of buyers or store personal information to take payments,
- Nobody else can interfere with your Bitcoin balance or your ability to send or receive money,
- You are in control of your money - when you send a payment, the recipient or hackers cannot make other fraudulent withdraws from your wallet.