Ochko123 - How the Feds Caught Russian Mega-Carder Roman Seleznev

« There would be more dishonest merchants if the possibility of chargebacks ceased to exist » Yes there will probably be a minor uptick in merchants being dishonest. But I doubt it will be as bad as you make it to be. Many other factors push merchants to stay honest: legal repercussions, damaged reputation, etc. « And to say that virtually no merchant acceptance[1] is an “irrelevant argument” is laughable » Irrelevant was the wrong word. I meant illogical. Your argument is like saying in the early days of Blu-ray that "no one will buy Blu-ray discs because no one has Blu-ray players". « Merchants have little incentive » Second time you say it, second time you are wrong. I already pointed out their main (largest!) incentive to accept BTC is to avoid chargeback fraud. This fraud is a major problem for merchants. They can go bankrupt (eg. [this video] ) or be drawn into costly suits with no way to recover the money ( [link] ). Apple Pay P2P will be riddled with roadblocks. For starters most people will not be able to use it as it requires a $500 device (iPhone). I guarantee you there will be transaction limits, delays in access to funds, etc. All things that Bitcoin solves.