That’s because transactions can’t be rolled back, opening accounts doesn’t require identifying info, and there’s no possibility of payments being intercepted by a third party.
Sure, fiat can be safer when your bank is being responsible. It can be much more dangerous when they aren’t. Just ask a victim of Wells Fargo.
Cryptocurrency is the number one vector for scams and money laundering today despite blockchains.
That’s because transactions can’t be rolled back, opening accounts doesn’t require identifying info, and there’s no possibility of payments being intercepted by a third party.
Sure, fiat can be safer when your bank is being responsible. It can be much more dangerous when they aren’t. Just ask a victim of Wells Fargo.