• 0 Posts
  • 10 Comments
Joined 1 year ago
cake
Cake day: June 9th, 2023

help-circle
  • The credit companies do not insure against fraud, they simply take the money out of the merchant account and put it back into yours. Now it’s the merchant who has no recourse, if they have already shipped the product. So the only difference between CC and crypto is who is typically left holding an empty bag in case of theft - the payer or the payee. Certainly not the banks!

    I’d argue in terms of assigning responsibility, it seems more fair to expect you the customer to keep your digital wallet secure from thieves, than to expect the merchant to try guess every time whether the visitor to their online store happens to be using a stolen credit card.







  • TauZero@mander.xyztoMemes@lemmy.mlba dum tss
    link
    fedilink
    arrow-up
    9
    ·
    1 year ago

    The fractions don’t help me when I go to the grocery store and unit price of one bag of nuts is “per pound” and the unit price of another is “per ounce”. You’d better be good at dividing by 16 in your head if you want to price-compare! And you’d better be good at remembering how many fluid ounces are in a quart when you go to the olive oil aisle (hint: it’s not 16).