> Yes, crypto solves it.
The vast majority of scams are run through crypto now. In fact, crypto is a step backwards and makes it easier to scam people.
The vast majority of scams are run through crypto now. In fact, crypto is a step backwards and makes it easier to scam people.
The solution to this is maturity. The endgame is to be able to create smart contracts that are as readable to a layperson, if not more readable, than legal contracts. And to come up with a set of standard smart contract templates vetted by programmers, just as today we have a set of standard legal contract templates vetted by lawyers.
That, and encouraging people to actually read what they sign, whether it's a pen-and-paper signature or a cryptographic signature.
I'll tell my parents to learn JavaScript or Rust to make sure that there is no bug in the smart contracts they are signing.
https://i.imgur.com/MgEw0Bd.png
As a fun fact, a puzzle-piece style editor like this is how I wrote my first computer program as a toddler.