otto on Nostr: The problem is when you stumble upon some piece of sh*t performing MITM scams. One ...
The problem is when you stumble upon some piece of sh*t performing MITM scams. One bad trade ruins dozens or hundreds of good trades.
I made like 10 trades and then met the scammer. Bank charged back the money from my account. I filed a lawsuit, won, but had the bank account terminated and was banned from some services affiliated with that bank.
For Lightning or Monero swapping, gift cards etc, it's great. But without a reputation system, it's too risky to interact with the fiat system.
Published at
2025-05-03 23:03:38Event JSON
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"content": "The problem is when you stumble upon some piece of sh*t performing MITM scams. One bad trade ruins dozens or hundreds of good trades.\n\nI made like 10 trades and then met the scammer. Bank charged back the money from my account. I filed a lawsuit, won, but had the bank account terminated and was banned from some services affiliated with that bank.\n\nFor Lightning or Monero swapping, gift cards etc, it's great. But without a reputation system, it's too risky to interact with the fiat system.",
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