Re: This is why online businesses should only accept bitcoins
Read this: http://whiteelephantmedia.com/
PayPal like the mafia extorted half a million dollars from this company and then after getting it, froze their account and stole all their money. Something like one million dollars.
You could get a merchant account, but such processor could freeze your account. Tradehill had their payment processor steal $100,000 this way.
The only real way for dealing with payments is bitcoins!
PayPal like the mafia extorted half a million dollars from this company and then after getting it, froze their account and stole all their money. Something like one million dollars.
You could get a merchant account, but such processor could freeze your account. Tradehill had their payment processor steal $100,000 this way.
The only real way for dealing with payments is bitcoins!
Bitcoins are "a way" but not "the only way" to receive payments. It is shallow thinking to think this. Think about it.
srsly, I think what he actually meant was, "the only real safe way." Bitcoin cannot be charged back except possibly by a 51% attack.
Oh, I understand. It is not "the only way" but "the only real way," as opposed to "the only fake way." You see, just as you quote "the only real safe way" for your interpretation of his words, I, too, quote his words via my interpretation "the only way."
Let's face it: there is no "fake way." Therefore, "the only real way" is meaningless, since what he really means is the "the only way." Either way, neither statement is true.
In fact, there are plenty of non-reversible digital currencies on the market that are as safe or safer than Bitcoins.