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SLP291 Caitlin Long Stablecoins, Bitcoin & The Fed

Stephan Livera Podcast

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Cryptocurrency

A consumer can reverse an a c h payment for up to two years after it's taken place if they alledge fraud. The bulk of payments that are reversed get reversed in the first forty eight hours or 72 hours after after a payment has taken place. So, high value payments, uh, you want to be able to trace it. You want to now it got to where it where it was supposed to go, within a nano second. That's the beauty of bi coin, you d you do know that? Uh? And, and it's not reversable. But in traditional fiat, the merchants deal with this all the time. It's a, it's a big risk issue

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