Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has no built-in consumer protection?
by
Red-Apple
on 01/06/2018, 10:12:23 UTC
Bitcoin offers no such protections? And the Transactions are Irreversible

and that means the transactions ARE irreversible!
you see it can go both ways. you can go check out how many people are getting scammed every day using Paypal (which has reversible transactions). bitcoin is offering a strong merchant protection and the customer which is a random anonymous person who visits the stationary an known place aka a business and makes a payment that he can not scam  that business with.