Your father's bank "nearly" didn't refund but actually did. So you proved that banks provide safety. Credit cards provide even stronger safety between you and businesses. My nephew's crypto was gone with absolutely no recourse.

The overall supply of most crypto is known

That has absolutely nothing to do with fraud or losing your crypto to malware.

[–] Jakeroxs@sh.itjust.works -1 points 16 hours ago

So I consider fraud and scamming to be a bit different, but maybe I'm just being pedantic or misusing the word.

Moreso what I meant was things like literally printing money isn't possible outside of how the coin functions (assuming no bugs lol) and the global supply and such are known values that can be backed up.

Compare that to the opaqueness of the US banking system where things like bank runs can and do happen because money is essentially duplicated via things like loans backed only by promises rather then literally tied into the functionality of the currency itself.

On the bank point, there's no reason an authority of sorts couldn't do the same thing with crypto, they had to take the hit for the lost money as it was already gone, just like what can happen with crypto. I'm sorry your nephew lost his funds due to malware, however I'd argue they likely didn't take proper protections. For example we know things like card skimmers exist and you have to take actions to prevent those things from impacting you as well.

On your last point, hopefully I explained a bit more why, to me, it does relate to fraud, but yes it doesn't have anything to do with malware, nor did I claim it did.

But going back to the malware point, that's no different from getting mugged and losing your life savings because you kept all your cash on you. It sucks to get mugged but it's "common sense" not to carry all of your cash on you at a time, while it's not yet common sense for people who hardly understand the idea of crypto as to how they can/should secure their keys or distribute across multiple wallets potentially to guard against that.