Really? Like seriously?
Then you might as well never use a debit or credit card terminal ever again. Let me know how that works out
Sorry but this is the real world. If you are that paranoid just stick to cash
Then you might as well never use a debit or credit card terminal ever again. Let me know how that works out
Sorry but this is the real world. If you are that paranoid just stick to cash
Credit and Debit card terminals don't take money from you. They inform a bank about a transaction.
Accounts at the bank are generally insured (such as FDIC in the US), and under significant regulations.
If a fraudulent transaction occurs, it is the bank that looses the money (or the insurance provider).
You need to stop thinking of bitcoin as just a payment network. It is also a currency. Many of the things you think you know from your experiences with credit cards and/or debit cards simply won't apply to bitcoin due to its nature as a currency
Indeed. It is one thing to use a debit or credit card where the bank takes most of the fraud risk. It would be another thing to use some sort of bitcoin card where the person who ends up paying or sorting out the mess if it goes wrong is me.