Re:Crypto leads to surge in online scams
by mbesto on Thursday January 27, 2022 @05:04PM
(#30107487)
> The best way of fighting scams is intelligent, critically thinking people.
This sounds like "if everyone was a good driver, we'd have less auto related deaths". C'mon - that's not how the world works, this is just wishful thinking.
The problem with crypto scams is there is no clawback. If someone commits wire fraud and I accidentally send the wire for my $100k down payment for my new house to <insert imposter> the bank can potentially reconcile it. With crypto? Nope, you're f'd. Sorry there's no trace.
> intelligent, critically thinking people
Like the Winklevoss twins who store their wallet keys in....BANKS so they don't get scammed. The irony is hilarious.
This sounds like "if everyone was a good driver, we'd have less auto related deaths". C'mon - that's not how the world works, this is just wishful thinking.
The problem with crypto scams is there is no clawback. If someone commits wire fraud and I accidentally send the wire for my $100k down payment for my new house to <insert imposter> the bank can potentially reconcile it. With crypto? Nope, you're f'd. Sorry there's no trace.
> intelligent, critically thinking people
Like the Winklevoss twins who store their wallet keys in....BANKS so they don't get scammed. The irony is hilarious.
https://www.nytimes.com/2017/12/19/technology/bitcoin-winkle...