4 ms·

Backups don't solve seed phrase phishing for example.

• deleted 1y ago
  [deleted]
• johnisgood 1y ago
  As opposed to the bank's ...? Or your other account's ..., what exactly, passwords? Phising is everywhere. How many times have you heard the elderly have their money stolen, both online and in real life? It happened to my grandma. The mailman is bringing her own pension as cash, and guess what, he has scammed my grandma for years! The food delivery guy who has been delivering lunch for my grandma, guess what he did? He scammed my grandma out of her money! We are talking about cash, right now, and no phising involved, just good old "lying".
  • TheAmazingRace 1y ago
    Hence why cryptocurrency would never replace regular banks for regular people. The situation with scams and thefts has only gotten worse. Not your keys, not your coin.
    • johnisgood 1y ago
      I definitely cannot imagine my grandma making use of crypto, or PayPal, or her bank's online site. :)
      • TheAmazingRace 1y ago
        LOL. Point taken.