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wmf
on Nov 22, 2017
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Warning Signs About Another Giant Bitcoin Exchange
Paypal turned that around, so in theory it's possible for Coinbase to do the same.
ActsJuvenile
on Nov 22, 2017
[–]
PayPal turned it around because they are a fiat-only company.
Coinbase is a Bitcoin-Fiat company, and fiat is reversible while Bitcoin is irreversible.
wmf
on Nov 22, 2017
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My understanding is that Paypal eventually developed a system to prevent fraud; they didn't just revert all fraudulent transactions. If Coinbase can eventually prevent fraud then irreversibility doesn't matter.
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