this post was submitted on 13 Nov 2024
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[โ€“] SkyeStarfall@lemmy.blahaj.zone 6 points 3 days ago (1 children)

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.