Apparently fraud gets a different headline depending on the payment method.
When someone scams people using dollars, it's fraud.
When someone scams people using Bitcoin, suddenly Bitcoin itself is the problem.
Here's what the numbers actually say.
The FTC reported a record $15.9 BILLION in U.S. consumer fraud losses in 2025.
Bank payments accounted for the highest reported losses by payment method. Cryptocurrency came second.
And a Federal Reserve survey found that 75% of financial institutions experienced attempted debit-card fraud.
None of this excuses crypto scams. They're real, and victims deserve protection.
But nobody declares the dollar a scam every time someone commits wire fraud.
Why should Bitcoin be judged by the criminals who use it?
🧭 Let's find your bearings.
#bitcoin #nostr #plebchain #news #BitcoinBearings
/ Bitcoin Bearings
npub1wf…f0cpl
2026-10-23 10:46:55 UTC
Author Public Key
npub1wfqfxvdktsa83szx7d0elxg3knk8gaglaqryydwh7vlx4wd2s3rquf0cplPublished at
2026-10-23 10:46:55 UTCEvent JSON
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"content": "Apparently fraud gets a different headline depending on the payment method.\n\nWhen someone scams people using dollars, it's fraud.\n\nWhen someone scams people using Bitcoin, suddenly Bitcoin itself is the problem.\n\nHere's what the numbers actually say.\n\nThe FTC reported a record $15.9 BILLION in U.S. consumer fraud losses in 2025.\n\nBank payments accounted for the highest reported losses by payment method. Cryptocurrency came second.\n\nAnd a Federal Reserve survey found that 75% of financial institutions experienced attempted debit-card fraud.\n\nNone of this excuses crypto scams. They're real, and victims deserve protection.\n\nBut nobody declares the dollar a scam every time someone commits wire fraud.\n\nWhy should Bitcoin be judged by the criminals who use it?\n\n🧭 Let's find your bearings.\n#bitcoin #nostr #plebchain #news #BitcoinBearings \n\n",
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