Saying that bitcoin transactions are “irreversible” is not exactly accurate in practice. It is like cash. I buy a good or service from a business/person. They have my cash/bitcoin. Product/service is “less than promised”

Presumably they care about their customers/reputation/long term business….I ask for my cash/bitcoin back. Transaction “reversed”. We did this with physical cash or gold for centuries. Some trust in the human you are exchanging with is always required.

Reply to this note

Please Login to reply.

Discussion

No replies yet.