Credit card chargeback fraud isn't that rare, and the merchants usually take the... | Hacker News

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		Natanael_L on April 29, 2016 \| parent \| context \| favorite \| on: Steam now accepts Bitcoin for purchases Credit card chargeback fraud isn't that rare, and the merchants usually take the hit.

ChemicalWarfare on April 29, 2016 [–]

Yup, and that is one of the selling points of bitcoin from the merchant's perspective. I was specifically talking about funding confirmation times, to claim that CC processing is slower than bitcoin because it takes longer to settle is misleading.

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