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Comment by idiotsecant

4 months ago

Crypto has reversible transactions when both parties agree to use that functionality in advance (well, the reasonably programmable ones do, anyway)

It's not a bug if both parties give consent, which sounds like a wonderful way to transact, to me!

But, when you REALLY want reversibility is when the transaction is done without your consent — when stuff is stolen and you want it back.

Thieves will not tend to consent to reversible transactions.

  • On the contrary, thieves often use chargebacks to steal from small businesses.

    • Sure, but they don't want transactions YOU/WE can reverse...

      We all want:

      "Reversing for me, but not for thee"