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All transactions are public and verifiable. How is that less accountability?
And what recourse do you have?
The same as paypal, but you’ll have more freedom & responsibility, since You ARE the bank now
More than using Paypal, obviously. Depending on the amount, you can take them to small claims court, or get lawyers involved for larger sums. The great thing is that they cannot claim you didn’t pay, and you have proof of services rendered, or products purchased. And if you don’t trust the merchant, don’t buy from them.
LOL. You’ve done this, I presume?
Yes, in fact I use the Lightning Network almost daily.
That’s a weird name for a small claims court.
I’ve never had to take any company to court, because we have consumer protections. That covers purchases with crypto.
So why would you bring up small claims court if it’s not even necessary? Can’t keep track of your own story?
You asked what recourse you have, I assumed you realised we have consumer protections in Canada. Then you tried to twist it into whether I’ve personally taken someone to court. That’s irrelevant since the point is that consumer protections already exist, so your whole argument falls apart. You’re just baiting at this point. And yes, I have returned stuff after paying with cash, crypto and credit card. This is not uncommon.