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Don't banks in your country cover you for being a victim of fraud? If he had entered his bank credentials in the fraudulent app instead, wouldn't the bank have
by smnrchrds 6y ago
Don't banks in your country cover you for being a victim of fraud? If he had entered his bank credentials in the fraudulent app instead, wouldn't the bank have made him whole and reversed all transactions to get their money back?
- csomar 6y agoNot necessarily. Keep in mind, Bitcoin is attractive mainly for people living in countries were rule of law is really loose. So a loose proposition like Bitcoin is still a good one.
- amznthrwaway 6y agoBitcoin is almost exclusively used by rich people in rich countries.
- smnrchrds 6y agoThe comment I replied to talks about "any other world's currency, not "every other world's currency". They must mean USD, EUR, JPY, and CHF too, not just VES and MMK.