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If you wire money to a fraudulent account, it's gone forever. Unless you can track down the fraudsters for criminal charges.
by anamexis 5y ago
If you wire money to a fraudulent account, it's gone forever. Unless you can track down the fraudsters for criminal charges.
- endisneigh 5y agoThis isn't true though. Look up SWIFT Recall. Again, we're talking about Bitcoin here, not wire fraud.
- anamexis 5y agoI don't think this discussion is going anywhere, but you most certainly can irrevocably lose money with wire fraud. Even many debit cards are not covered from fraud. And we are comparing Bitcoin and wire fraud.
- endisneigh 5y agoOK so you basically don't have any response on how to distinguish Bitcoin being given to someone vs being stolen without centralized entities being involved, got it. I won't be responding to you anymore since you have nothing to add.
- anamexis 5y agoYes, exactly like you can't distinguish wiring money to someone intentionally vs wire fraud.