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Comment by BartBoch | Hacker News Reader

Thousands of smaller transactions. You are buying USB keys with a set amount of Crypto. They can just assume 10% scam ratio and rise price by that.

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If scamming something like this is possible, the scammers have an incentive to scam as much as possible, so the "scam ratio" will tend to grow to 100% quite fast unless there's a huge amount of legitimate business.

I don't really think this is true in practice. There is a risk to scamming, plus even with zero risk not every customer would choose to scam them (given morals/etc).

It only takes one sophisticated scammer to make the "scam ratio" close to 100%.

If that would be true, then Ebay, Amazon, Etsy etc. would have no right to exist in the world.

The difference may lay in the years that those you named had to adjust and readjust their countermeasures and learn from their mistakes ( up to a point ).

At this stage, as long as you are using a company like Stripe with enabled full transaction review settings, you can tap into this countermeasures (or even better) with few clicks.

Hi, this reply is completely irrelevant to the subject matter, but i couldn't directly send you a message so this is my only option. quite a while back in a topic regarding bitgrail losing 170m you submitted a link to the bitgrail trollbox chat log in here

https://news.ycombinator.com/item?id=16355342

but unfortunately the link no longer has file, is there any chance you still have the chat log? i would be incredibly helpful.

Thanks

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