“Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers.” - Satoshi Nakamoto
Discussion
Bingo! That's one of the big benefits of Bitcoin. Transactions are super secure and pretty much impossible to reverse once they're confirmed.
This gives sellers protection against chargebacks and fraud. As for buyers, escrow mechanisms can be used to make sure they get what they paid for.
It's all about creating a more secure and fair system for everyone involved!