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by imgabe 757 days ago
I know it's a meme and all, but doesn't blockchain solve this? Ok, Mr. Guy who looks like my boss on Video Call, I can send those funds, just sign the transaction with your private key and it'll all be done.
3 comments

Why do you need blockchain for signing with private key.
Blockchain does not authenticate the receiver, so there are all sorts of attacks involving substituting the payment address, from dumb (stickers over QR codes) to sophisticated.
That’s a completely different thing though. The problem here is deepfakes where someone pretending to have the authority to send money tells you to send money.
That's just regular Crypto stuff not Cryptocurrency