The funny thing about this though is that this is so easy to whatabout. Fraud is all over tradfi. I have a true story. The head of finance got phished. Ended up

The funny thing about this though is that this is so easy to whatabout. Fraud is all over tradfi. I have a true story. The head of finance got phished. Ended up transferring money to some new bank account number they received on a friday. He called, when they opened, on Monday. The money was gone and the bank wouldn't do anything to return it. Call the police/feds they said. I think the next step is to build trustless escrow services. I know that sounds weird, but we need some sort of insurance system that if fraud happens, we can get our money back. Programmable money makes that possible and that would be an improvement on what we have today. Don't forget... how can credit cards afford to absorb the losses? Fees and penalties. Someone always has to pay.