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That is how cash still works to this day. It's not about fraud or not fraud: it's about settlement finality. If you hand over cash to someone for a transaction,
by chrisco255 5y ago
That is how cash still works to this day. It's not about fraud or not fraud: it's about settlement finality. If you hand over cash to someone for a transaction, you have no guarantees you'll ever get that cash back in the event of a dispute. This is how crypto works.
- loulouxiv 5y agoWell with cash you know at least the face of the person you hand it to, and can run after him if you realize the traded bought is not as expected.