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The problem here is that crowd-funding is a risky business and as things stand paypal has to shoulder that risk. What we need is a type of transaction where the payer/crowdfunder assumes the risk, i.e. chargebacks are not allowed.


Exactly. It's turned out that the only way to charge for things online is using credit cards, so everyone is exposed to the chargeback risk.


Textbook Bitcoin.


Yes!




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