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My close friend was scammed via interac and bank closed his account, cards, and he was banned from interac even though he was the one that got scammed. Bitcoin
by cryptoegorophy 3y ago
My close friend was scammed via interac and bank closed his account, cards, and he was banned from interac even though he was the one that got scammed. Bitcoin solves that, but Bitcoin has another issue why banks win - if you are scammed with your card - you get your money back or if you forget password - you still have your money, if you are scammed with Bitcoin - you basically lose, if you forget your password - you lose. Just depends on what spectrum you are.
- Scoundreller 3y agoBanned from Interac? They won't let them get a debit card again through any bank/credit union? Or won't let them ever send email money transfers? Won't let them ever receive email money transfers? (Interac is the Canadian debit card system, owned by a network of banks, which has also branched out into person-to-person money transfers between bank accounts because we don't have Venmo/Zelle/etc here).