Bitcoin can and will turn this on it’s head. Charging someone because they got scammed? Regardless of why that is necessary we can do better.

So don’t keep your money on an exchange then?

No matter what company you jump to they will always be trying to take a cut or charge a fee. Banks have to comply with complicated regulations and secure your data and that’s expensive. Bitcoin doesn’t have to deal with either one of these issues. It’s not free either you have to pay for space on the blockchain…