seems to have found a way to sell bitcoin for credit card money without immediately getting scammed to death: using facebook connect to verify the buyers identity.
But is this model going to last, or will the scammers outsmart them?
I can already see that their rate is a bit higher than the exchange rate, which I guess is to cover the losses of the fraudulent purchases that currently get through. Do you think this discrepancy is just gonna continue to rise as scammers come up with more elaborate methods, essentially elimininating the business? Or is it a viable method that will see more widespread adoption?