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Yes I agree which is why online safety is important. Surely would the need to place items in safe deposit boxes not lead to an increase in break-ins? Hostage s
by Blackstone4 5y ago
Yes I agree which is why online safety is important.
Surely would the need to place items in safe deposit boxes not lead to an increase in break-ins? Hostage situations? Which I why I think online banking will remaing in place. Ability to revert transatctions and safety
- DennisP 5y agoPeople have been keeping valuables in safe deposit boxes since long before crypto was invented. As for ability to reverse transactions, wire fraud is actually a huge problem. People buying houses get an email with wire instructions, don't verify it, send the money, and it's gone. Fraudsters call up businesses, convince them to send a wire, and the money's gone. It happens a lot, and unless you discover the fraud immediately, there's usually no way to get your money back, it gets forwarded to fake accounts around the world and withdrawn. https://money.com/real-estate-wire-fraud-scam-covid-tips/ https://money.com/real-estate-wire-fraud-scam-covid-tips/ https://www.bankofthepacific.com/customer-support/quick-tips/everything-business-needs-to-know/ https://www.bankofthepacific.com/customer-support/quick-tips... https://www.atg.wa.gov/wire-transfer-scams https://www.atg.wa.gov/wire-transfer-scams