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> . My initial viewpoint was why would scammers bother to fish for bitcoin when bank transfers/gift cards are a lower barrier Because bank transfers at least a
by sfifs 5y ago
> . My initial viewpoint was why would scammers bother to fish for bitcoin when bank transfers/gift cards are a lower barrier
Because bank transfers at least are inherently traceable. It just requires a sufficiently motivated government agency or prosecutor to go after them. On Gift cards, there's a lot publicity regarding scams and stores are increasingly flagging scams.
Crypto for now at least is far safer from a scmer POV as it requires far higher level of investment and expertise to trace and unmask, so only the ultra big fish seem to get chased