this post was submitted on 12 Aug 2024
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[–] [email protected] 41 points 8 months ago (16 children)

I guess most people know a scam when they see one. More than I thought

[–] [email protected] 5 points 8 months ago (2 children)

Let's ignore crypto for a second...

People in the USA loose around $10.000.000.000 per year to scams according to FTC...

[–] [email protected] 11 points 8 months ago (1 children)

That number would be even higher if everyone used untraceable and non-reversible crypto transactions.

[–] [email protected] 1 points 8 months ago

That's probably true, but just to highlight this: Bitcoin is not untraceable

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