Honest question here, and full disclosure I only watched the first 4 minutes.
How is this worse than what would have happened if it were BTC? Say the hacker had gotten a hold of his phone (with shitty wallet) or seed phrase? In both cases, unfortunately he loses his money, though at least there’s a chance of recompense with PayPal.
I would guess the issue being pointed out is that PayPal charges conversion fees, but there is a reason conversion fees exist. Does PayPal charge exorbitant rates?
Am I missing something else? God forbid in minute 5? 😉
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