A. I’m not saying it doesn’t, I’m just disputing what you said about onchain txs.
B. CCs are much less anonymous, making engaging in fraud much riskier. If you did this 10 times your bank would notice, adds up for you. If you do it with an anonymous system, you’re forgotten the second you walk out of the store (barring being caught on camera but you can solve that by wearing a mask or something).
I do see your point, but I don’t think it’s an apples to apples comparison.
Nobody serious is ever gonna sell you anything without a block confirmation, that’s just delusional.
For a settlement with a friend, sure, but don’t tell me you believe you’ll walk out of a store before it hits at least 1 conf
It’s not a double spend if it hasn’t been confirmed yet, you can always replace-by-fee before it even makes it onchain
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A. I’m not saying it doesn’t, I’m just disputing what you said about onchain txs.
B. CCs are much less anonymous, making engaging in fraud much riskier. If you did this 10 times your bank would notice, adds up for you. If you do it with an anonymous system, you’re forgotten the second you walk out of the store (barring being caught on camera but you can solve that by wearing a mask or something).
I do see your point, but I don’t think it’s an apples to apples comparison.