> The problem in today's space is that WE CANNOT KNOW! The infrastructure for documenting and fighting scams simply isn't there. We're not capable of resolving disputes...
This is an obvious problem to anyone familiar with traditional banking and finance. I feel bad for the cryptocurrency true believers who didn't see that coming. Even if you take as a given the most idealistic vision for permissionless money and smart contracts, the lack of legal oversight is ultimately a fatal flaw. Unfortunately it's a fundamental part of these ideas.