Note:

Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes.

Bitcoin and my Whitepaper does not say that a transaction cannot be reversed.

It discusses the economic effect and notes that there are limits

BitCoin changes the way this works and allows small TXs to be made - and large ones to be reversed/recovered.

There is no mediation of a USD 1.00 TX as the costs to do this fall on the person making the claim.

So, Bitcoin does not stop reversal - it makes small payments possible.

Bitcoin does not stop fraud.

A certain percentage of fraud is accepted as unavoidable.

Bitcoin makes fraud more expensive.


Criminal Specialization as a Corollary of Rational Choice.
11 Pages
Craig S Wright
nChain; University of Southern Queensland - University of Southern Queensland, Students; Leicester Law School
Date Written: May 28, 2010
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3461064

Criminals act based on profit

CSW
Oct 28, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635430084015700?thread_ts=1635430084.015700&cid=C5131HKFX

https://t.me/CSW_Slack/3217