3 ms·

Ah yeah clearly not ready in fact neither is traditional finance: https://www.aura.com/learn/i-got-scammed-on-venmo-what-do-i-do https://www.aura.com/learn/i-g

• itsoktocry 3y ago
  Do you not see the difference between a Venmo transaction and Bitcoin transaction? With Bitcoin, a small mistake or oversight and you money is gone, and unrecoverable. So you can point and laugh at people getting scammed on Venmo, but you need "normies" to adopt BTC.
  • aeternum 3y ago
    It's the same with Venmo, I have a few friends that have sent money to random people never to see it again. There's really very little crypto-specific here, convincing someone to transfer funds to a scammer-controlled account is one of the oldest financial tricks in the book. It's still very common with bank wires.
  • mratsim 3y ago
    Venmo, CashApp, Paypal "Friends or Family" and gift cards (Apple, Google Pay, Steam, ...) are all irreversible.