Ah yeah clearly not ready in fact neither is traditional finance:
https://www.aura.com/learn/i-got-scammed-on-venmo-what-do-i-...
https://help.venmo.com/hc/en-us/articles/235171088-Cancel-Pa...
A fool and their money..
https://www.aura.com/learn/i-got-scammed-on-venmo-what-do-i-...
https://help.venmo.com/hc/en-us/articles/235171088-Cancel-Pa...
A fool and their money..
With Bitcoin, a small mistake or oversight and you money is gone, and unrecoverable. So you can point and laugh at people getting scammed on Venmo, but you need "normies" to adopt BTC.
There's really very little crypto-specific here, convincing someone to transfer funds to a scammer-controlled account is one of the oldest financial tricks in the book. It's still very common with bank wires.