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None. Suffer.
(lemmy.world)
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this post was submitted on 13 Nov 2024
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There's scams with fiat currency, but you don't show that as evidence that dollars aren't ready for mainstream. When people get scammed out of their crypto it's not blockhain's naivety, it's the victim.
When people get scammed in traditional currency, you can revert the transaction. You cannot revert anything with blockchain, and that's a feature, which means if you get scammed out of your bitcoin, there's nothing you can do. That money is lost, and the scammer keeps it.
Also, when I try to scam someone using my bankaccount, my bank goes "Uhhh, please show us that this isn't a scam". My bitcoin wallet doesn't care.
The difference is the government exists to step in and punish scammers, and regulates markets to
one of many benifits of the blockchain is that there are ways of using it without directly giving up your name or government ID. A minor side effect is that scams will exist using it.
What schemes exactly? I know there are schemes using fiat currency, but that’s quite different from the currency itself being a scam.