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(Reader: A Cowan) Beware Blockchain and Bitcoin

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Reader Post | By A Cowan

Let me be the first to admit that my knowledge of things like Bitcoin and Blockchain is limited.

I have been following news about digital currency like XRP and Ripple, and I have bought and sold Bitcoin in recent years. The term, Blockchain is often mentioned whenever topics like the QFS, Voter ballots, and/or elections are being discussed. From recent articles I surmised that Blockchain was a layer of security in digital financial transactions, as well as the prevention of voter and election fraud.
This was my level of understanding as the New Year rolled in. Dangerous, to say the least.

It was a regular Monday night, surfing YouTube,  when I scrolled upon a “recent upload” of Elon Musk, having a small Q & A with some employees. The screen also had an invitation to send Bitcoin via this “Blockchain” technology. To do so would show the entire transaction and then, when returned, would double the amount that was originally sent.

I watched my Bitcoin withdrawal go to its destination, and then I waited, and waited, and then suddenly…  I realized that I had been phished!

I fell for it!  Hook! Line! And Sinker!

So… today, I am sharing my, very embarrassing, story of being phished via YouTube in hopes that no one else falls for such a scam.

Happy New Year!

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A Cowan

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