keccers pfp
keccers
@keccers.eth
The problem with this is that it’s not customer friendly, per se. When you transact in a volatile instrument that is exchanged for a stable one at the point of sale, it turns refunds and fraud protection mechanisms like chargebacks into a mess. The $RICKS (a publicly traded strip club biz) CEO has spoken about how he likes accepting crypto and working this way, for this exact reason. No more chargebacks from angry wives.
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keccers pfp
keccers
@keccers.eth
Swan accepted payment in BTC for a conference they had to cancel and this issue also reared its ugly head. I’m not trying to dog the idea per se but it does up the ante on customer expectation management
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Tony D’Addeo pfp
Tony D’Addeo
@deodad
unironically need a 3rd party like Visa sitting as part of the transaction to solve things like this
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jacob pfp
jacob
@jacob
That would be one of the Hard Things™ that if you got right would probably be somewhat of a moat.
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Nach | LangCoin pfp
Nach | LangCoin
@nachlikenacho
These consumer protections can be resolved through disclosures
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