Will bitcoin actually take off? Is it possible really? - page 2.

stic.man

full member

Activity: 168

Merit: 100

Quote from: tachi641 on May 23, 2011, 10:19:09 PM

Firstly, I'm asking these questions to see if there will be a real answer. Don't be a douche and get sarcastic okay?

So with that said. No shit you take it back to the store to return it, but this is a online currency, meaning you buy it online, So if the vendor decides they dont want to refund you there's nothing you can do about it right?

If amazon says they refuse to take back your item what can you do now? You can easily leave negative feedback. Shouldn't differ with bitcoin.

tachi641

full member

Activity: 266

Merit: 100

Quote from: BitterTea on May 23, 2011, 09:41:38 PM

Quote from: tachi641 on May 23, 2011, 09:36:39 PM

1) How can this become a main stream currency if, when you buy something there's no way to actually implement a return system. Since there are no authorities that ultimately means, when you buy something it's final, unless you can convince the seller to refund you. In the event the seller doesn't comply you're stuck with your item.

When you buy something from the store and want to return it, do you call the police or other government officials? Or do you go to the store and ask them to take back the item and refund your money?

Quote

2) Now lets say, you buy something and it's DOA (dead on arrival) for example a videocard, or a cell phone anything electronic will serve the purpose. Now the seller claims it worked before they shipped it, what do you do? You're obviously not going to get a refund.

If they care about their reputation, and they don't have a reason to believe that you are scamming them, of course they will.

Firstly, I'm asking these questions to see if there will be a real answer. Don't be a douche and get sarcastic okay?

So with that said. No shit you take it back to the store to return it, but this is a online currency, meaning you buy it online, So if the vendor decides they dont want to refund you there's nothing you can do about it right?

BitterTea

sr. member

Activity: 294

Merit: 252

Quote from: tachi641 on May 23, 2011, 09:36:39 PM

1) How can this become a main stream currency if, when you buy something there's no way to actually implement a return system. Since there are no authorities that ultimately means, when you buy something it's final, unless you can convince the seller to refund you. In the event the seller doesn't comply you're stuck with your item.

When you buy something from the store and want to return it, do you call the police or other government officials? Or do you go to the store and ask them to take back the item and refund your money?

Quote

2) Now lets say, you buy something and it's DOA (dead on arrival) for example a videocard, or a cell phone anything electronic will serve the purpose. Now the seller claims it worked before they shipped it, what do you do? You're obviously not going to get a refund.

If they care about their reputation, and they don't have a reason to believe that you are scamming them, of course they will.

N12

donator

Activity: 1610

Merit: 1010

You can use escrow services like https://clearcoin.appspot.com/.

Bitcoin is digital cash.

error

hero member

Activity: 588

Merit: 500

Buy from reputable vendors.

tachi641

full member

Activity: 266

Merit: 100

BitCoin! So here's a fantastic idea. Non-centralized currency, great concept. However, will it work? I mean how much can you really trust it right? Think about this following scenario.

The general public will have these types of questions running through their mind.

1) How can this become a main stream currency if, when you buy something there's no way to actually implement a return system. Since there are no authorities that ultimately means, when you buy something it's final, unless you can convince the seller to refund you. In the event the seller doesn't comply you're stuck with your item.

2) Now lets say, you buy something and it's DOA (dead on arrival) for example a videocard, or a cell phone anything electronic will serve the purpose. Now the seller claims it worked before they shipped it, what do you do? You're obviously not going to get a refund.

These are just some basic concerns I have... I'm sure there's alot more out there. I'm curious to hear what everyone has to say about this.

Topic: Will bitcoin actually take off? Is it possible really? - page 2. (Read 3591 times)