Say I have $100 in my usd wallet and I buy $100 worth of eth on abra. Then eth goes up where that $100 worth now is worth $150. I sell it and now my $150 is back in my usd wallet. Then I withdraw to my bank account. So based on this scenario can someone explain who holds what at each point, what wallets are involved and how litecoin comes into the picture? That’ll give us newbies a better idea of why abra is such a big deal or not.
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As much as I dislike Chase and some of their practices, they have been useful when dealing with a merchant that won’t return funds for a purchase in which the merchant didn’t follow through on their promise.
How will this function with Litecoin? Is there a way to get recourse from a shady merchant?
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