Quote:
Originally Posted by Mutt
A
What happens when/if bitcoins really do take off - when there are thousands of retailers online who accept them for expensive hard goods like computers? For example, I buy a $2,000 computer from some online merchant with bitcoins and get scammed, they take my bitcoins and don't ship me a computer. With a credit card I can do a chargeback, with Paypal I can do a dispute and win, with a check or wire I at least have hard evidence to use in court - what does the customer who uses bitcoins show in court to prove he sent $2,000 in bitcoins - is there a printable proof of transaction that will identify the user I sent the $2,000 in bitcoins to?
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this is something i've been wondering about too, the lack of being able to chargeback has been pitched as a good thing, it's not. obviously as a buyer i want to be able to chargeback but as a merchant my potential shoppers are more inclined to purchase from me knowing they have that safety net, i.e., i make sales due to customers being able to chargeback.
in fact, i think this would have to be upgraded for the next level of adoption- merchant support.