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What are some notable scams in history that went unnoticed for so long? (lemmy.ml)

submitted 1 year ago by bady@lemmy.ml to c/asklemmy@lemmy.ml

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[–] yata@sh.itjust.works 0 points 1 year ago

It can have legitimate utility, for example I want to exchange money for international services without a credit card or mailing an envelope of cash/cheque.

It does it infinitely more inefficient, slower and insecure than all other existing alternatives that can do this (and there are a lot of alternatives which doesn't involve blockchain). Which is also why people doesn't use it for this.