Jesse Powell

@jespow ↗

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Last Checked Dec. 10, 2022

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Thu Oct 20 03:21:13 +0000 2022

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Jesse Powell @jespow

@OurielOhayon Send back fiat-equivalent amount of BTC at the time refund is approved. Merchant should immediately convert or hedge upon receipt of payment. Half-step could be for merchants to accept fiat-reserve coins (as long as it remains difficult to chargeback those transactions). — PolitiTweet.org

Posted Oct. 20, 2022

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Jesse Powell @jespow

#1 reason merchants should immediately accept #bitcoin is to start clearing xmas whale orders they'd normally reject because of chargeback risk. No, I'm not going to manually recreate my $30,000 cart of 200 items so you can see if the card goes through the second time. I'm out. https://t.co/DehcrmgAay — PolitiTweet.org

Posted Oct. 20, 2022

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Jesse Powell @jespow

@OurielOhayon It probably depends on the merchant and timing of the refund request. I guess most will not want to take the volatility risk and give the user a free option forever. As a customer, I would take USD-equiv payment of BTC back. Risk trade I make for a superior payment method. — PolitiTweet.org

Posted Oct. 20, 2022