Just like any contract, every single possible circumstance cannot be enumerated and at some point a judgement call is required.

Go work in payments a while and get a clue. They are constantly at risk from the card networks, banks, regulators.

All you're doing is moving the risk from the business to the consumer with crypto which is why it will never succeed. Consumers like all the things businesses hate about credit cards because they can get their money back if something goes wrong and when it comes to payments the customer decides who wins.

LOL. Being able to reverse transactions and freeze funds is a feature not a bug. With crypto you have no recourse when a criminal does criminal things or you make a mistake. Ransomware only started being a thing thanks to crypto, but governments could easily ban it (serious governments like US, China, Germany, that is)

Crypto is useless for anyone but criminals. If you can't use the real, state controlled financial system, then you also can't use the real, state controlled property rights system. Who cares about being able to prove you own some bits if you are not protected by the law when you buy any actual tangible goods with those bits, like a house or a car or a business?

Crypto is only useful when it's not needed (ie, you can use the state to enforce your physical property rights) and becomes useless once it's needed (you live in a corrupt or anarchist state that won't enforce your property rights over anything you can actually buy with the crypto)

Crypto is becoming a form of government blind-eye-turned corruption, for carrying out corrupt financial practices with less immediate oversight and more ways to overcomplicate the logistics. It will probably cause a financial crisis one day, like in 2008, for the exact same reason complex derivatives did.

I never take crypto jobs so my resume will stay clean when the house of cards falls down.

Instead you should advocate for payment network neutrality. Visa and MasterCard should be required by US law not to discriminate against transactions, and enforcement should move from the private sector to, well, law enforcement. Like with ACH/FedNow. That might actually get us somewhere productive.

Find me a single example of where Stripe kept the money themselves.

In some cases they are legally obliged to hold onto funds. The don't get to keep them.

You are putting yourself at risk of a lawsuit.

current generation blockchain networks will absolutely have lower fees than traditional finance

As someone that isn’t working in payment processing, it’s no surprise that you don’t get all of it.

Every single thing about these lists always reeks of ‘this has been put together reactively, over time, based on experience’. But it’s so cool and trendy and complain about this stuff on HN and similar, everyone just elects to forego critical thinking for a little bit.