Would this work for credit card purchases of bitcoins?

[Elwar]

I believe the total amount of days allowed for credit cards to reverse a charge is 180 days...

Would someone be able to set up a site where you can buy bitcoins with a credit card, you can see your bitcoin balance on the site. But the coins are not released for 180 days.

This would be good for someone who might want to buy immediately upon seeing a low price, or someone who likes Bitcoin, wants to invest but is not worried about spending in the short term and wants the easiest way to buy some.

The merchant could even put the bitcoins in an address that the user can watch. And they would have to have a lot of credibility and transparency to keep from jumping ship with people's bitcoins at 179 days.

[1715113467]

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[1715113467]

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[Sukrim]

I doubt that you'd get to sign a merchant contract where your product depends on denying shipment for 180 days.

[Elwar]

What if the price of bitcoin falls and the customer goes for chargeback.

True, this would likely be common.

[coinableS]

What if the service factors in the risk of charge backs? The way I think it could be done is with enough capital you could factor in the risk of default similar to cash advance/pay day loan companies. Maybe charge a huge premium, like 20% above spot price. You would probably also want to get the individual to sign a written contract that has no charge backs in the verbiage and verify their identification so if they do charge back you can take recourse or sell off bad debt to a bad debt buyer. I'm sure there are plenty of dead beats that take out one of those Montel Williams "get $10,000 in your checking account tomorrow" and then they run off with the money.