Quote from: LeonGeeste on July 29, 2011, 04:32:28 PM

Quote from: Yuusha on July 29, 2011, 04:22:51 PM

One of the reasons Bitcoin exists is because people want to avoid chargebacks.

That's an oversimplifcation.

Bitcoin exists so that there's a decentralized digital currency that, at the base level, does not allow chargebacks, just as physical cash does not.

However, Bitcoin is certainly not intended to prevent people who want such a feature from layering a chargeback-allowing protocol on top of the basic Bitcoin protocol, for users who really want such a feature. This is the role played by Bitcoin escrow services, and whatever other services people are coming up with.

Similarly, physical cash does not itself allow chargebacks, but it allows people to layer systems on top of this that allow chargebacks.

Bitcoin is supposed to take the role of cash, not prevent analogous mechanisms from interfacing with it to reduce the reliance on trust between the transacting parties.

Still, to the extent that you want to modify the Bitcoin protocol *itself* to allow chargebacks, you can GTFO and take your phail with you.

Of course.

However, what I was trying to say is that there probably won't be much interest in a service like this because the lack of chargebacks is one of the very reasons people are drawn to bitcoin. A service that removes that aspect won't be very desireable to the bitcoin community.

I do not object to the existence of such a service, I'm merely claiming there probably won't be much interest.