Post
Topic
Board Bitcoin Discussion
Re: Someone needs to make
by
elggawf
on 02/07/2011, 15:11:13 UTC
a serious business, a credit card processor, and a debt collection agency and you're good to go.
of course, why would a serious business get involved with bitcoin at this point...

What're you going to give to your debt collector when an order for 10BTC with a stolen credit card comes in?

High fees doesn't really fix anything, as it alienates legitimate customers and leaves you with higher volume of fraudulent orders.

The only way I can really think to do it is to have hold times on the first order on a new card - but if people wanted long waits for their Bitcoins they'd probably just go the bank account->exchange route.