Post
Topic
Board Bitcoin Discussion
Re: Bitcoin can replace the credit card today
by
Hawker
on 11/03/2014, 20:37:47 UTC
I wrote an article about why Bitcoin and Cryptocurrency is so much better than the current system.

http://thedailycrypto.com/post/cryptocurrency-can-replace-credit-cards/

Let me know what you think.

Until a way to reverse fraudulent transactions is built into bitcoin, it can't replace credit cards.  People will not accept that if someone scams them or hacks their credentials, the transaction can't be reversed as it can with a bank transfer or credit card.