Sure, but my credit card also gives me 2% cash back on all purchases, and since I would have to pay the extra % no matter what, may as well get the cash back, too.

I also get something for that 2%… the fraud protection you mentioned, the safety of not having to carry cash, ease of use, spending tracking, the ability to dispute a charge if a vendor screws me.

Honestly, credit cards have been a great thing for me. I have never paid a penny of credit card interest and get thousands of dollars in cash back every year.

> The cash back you receive does not cover the increase in prices that are passed on to you

Very few places charge a different rate for credit card vs cash purchases, so I would have to pay the increased cost whether I use a credit card or not. Since I have to pay it anyway, might as well get the cash back.

Also, while you are right that I could hypothetically have my account suspended for no reason, it has never happened in the 25 years I have been using credit cards. I also mitigate this risk by having more than one credit card with different providers.

However, I have had merchants fail to deliver something I purchased and had to use the chargeback feature of my card multiple times, something I couldn’t do with crypto.

I don’t think I want to try to eliminate hypothetical risks that are unlikely at the cost if incurring very likely risks that I know will happen.

This seems like people who don’t wear a seatbelt because they are worried they will be trapped in a burning car unable to get out. Sure, that is possible, but not nearly as likely as being in a car accident where a seatbelt would save you from injury or death.

> Also, while you are right that I could hypothetically have my account suspended for no reason, it has never happened in the 25 years I have been using credit cards.

To you. It has happened to a lot of protesters, publishers, and dissidents in the world.

These systems shape all of society, not just your one life.