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If scamming something like this is possible, the scammers have an incentive to scam as much as possible, so the "scam ratio" will tend to grow to 100% quite fas
by devit 9y ago
If scamming something like this is possible, the scammers have an incentive to scam as much as possible, so the "scam ratio" will tend to grow to 100% quite fast unless there's a huge amount of legitimate business.
- fiveoak 9y agoI don't really think this is true in practice. There is a risk to scamming, plus even with zero risk not every customer would choose to scam them (given morals/etc).
- cardine 9y agoIt only takes one sophisticated scammer to make the "scam ratio" close to 100%.
- BartBoch 9y agoIf that would be true, then Ebay, Amazon, Etsy etc. would have no right to exist in the world.
- thunfischbrot 9y agoThe difference may lay in the years that those you named had to adjust and readjust their countermeasures and learn from their mistakes ( up to a point ).
- BartBoch 9y agoAt this stage, as long as you are using a company like Stripe with enabled full transaction review settings, you can tap into this countermeasures (or even better) with few clicks.
- moonboon 9y agoHi, this reply is completely irrelevant to the subject matter, but i couldn't directly send you a message so this is my only option. quite a while back in a topic regarding bitgrail losing 170m you submitted a link to the bitgrail trollbox chat log in here https://news.ycombinator.com/item?id=16355342 https://news.ycombinator.com/item?id=16355342 but unfortunately the link no longer has file, is there any chance you still have the chat log? i would be incredibly helpful. Thanks