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Then they will ask why nobody wants to use their payment cards (lemmy.world)
submitted 1 year ago by to c/memes@lemmy.world
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[–] -5 points 1 year ago (3 children)

you can prevent getting scammed with crypto by using something like escrow

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  • [–] 5 points 1 year ago (1 child)

    Doesn't protect against:

    • Social engineering
    • Contract code vulnerabilities
    • Untrustworthy/Compromised controlling stakes in that escrow, whether they be people or autonomous systems
    • False reversal claims made against the escrow

    It has the same possible issues for your financial sovereignty as a regular, centralized financial institution, plus technical issues with the way the underlying infrastructure is built.

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