[mitchdoogle]

You ignored the part about how people are scammed using credit cards, cash, wires, etc. The problem isn't crypto - it's dishonest people developing scams to trick others into sending money. I'd bet that far more money is lost in scams using methods that don't depend on cryptocurrency rather than the ones that do. Just like with those other scams, education is a very important part of prevention.

[captn3m0]

With other scams, it’s supremely hard for scammers to cash out without a clear identity trace to follow. As a simple example, the huge explosion in ransomware is directly linked to the rise in cryptocurrency, because prior to that getting paid for ransomware was much tougher.

With Crypto, payments are irreversible, all transactions are transfers, all payees are equal (no merchants for payments and P2P for transfers) and it all combines together to be the perfect scammer heaven - you can scam people without any repercussions anonymously.