The concept that credit cards are lower risk to consumers than ANYTHING is laughable to me, but I can stop laughing long enough to consider it for BTC. BTC has a lot of consumer risk right now, anything OTHER than BTC is better than CC's though.
> The concept that credit cards are lower risk to consumers than ANYTHING is laughable to me
Can you explain why? Imagine I buy a car for £5000 and put £100 on my visa credit card and pay £4900 in cash. If the dealership goes under I can get all of my money back from visa. Similarly if they just fail to deliver or there are serious problems I can push visa and get my money back.
That gives a massive amount of protection against a wide range of things.
What would be better, or what are the staggering other risks?
