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There's 0% chargeback risk with Bitcoin, and 0% risk of fraud. Counterfeit is impossible.

These factors substantially reduce the cost of selling goods and services with Bitcoin.

There's also no way to recover your Bitcoins if they get stolen (as many, many people have discovered already). My credit card on the other hand, can be made whole again with a simple phone call to my bank (YMMV, please no stories about banks being big meanies).

"There's 0% chargeback risk with Bitcoin" That is problematic for much of what currency is used for.

"and 0% risk of fraud" This is completely untrue, because it assumes the motives of both sides of a transaction.

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