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Not to mention that in centralized systems there's an ultimate authority who's willing to sacrifice a little of their profit as a cost of doing business in orde
by some_random 4y ago
Not to mention that in centralized systems there's an ultimate authority who's willing to sacrifice a little of their profit as a cost of doing business in order to make sure that real customers that were scammed or had an issue of some kind have a good experience.
- itintheory 4y agoAnd yet even with an essentially centralized service like Zelle, the system is rife with abuse: https://krebsonsecurity.com/2022/10/report-big-u-s-banks-are-stiffing-account-takeover-victims/ https://krebsonsecurity.com/2022/10/report-big-u-s-banks-are...