Besides saving the troop on credit card transaction fees, this onchain experience prevents chargebacks.

But why does that matter? Because the troops shared that people purchase cookies with Venmo and then file a fraud case to claw back the money. 🤯

why onchain commerce matters, exhibit 37261

bringing /commerce onchain. protocol engineer. founder @slice @deframe

well it is true that without chargebacks merchants get less losses, but you just flip the risk to the other side (now consumers will pay online and will get defrauded) 

Eventually chargeback risk is a zero-sum game between merchants and consumers, and the law protects consumers more than merchants

Standing on the shoulders of giants 🌌
idanlevin.xyz

what rule would you write here to eliminate the risk of the consumer sending money and not getting his cookies (in an online purchase)

you can still write chargeback rules on immutable smart contracts that both parties agree on purchase