This highlights how scary it is to interface your savings with these “smart contracts”. Most people have no way to know what they’re actually going to do; the tiny slice of people capable of investigating can hardly remain vigilant at all times. Like, if you ask me to log into something with my bank account, all alarm bells would go off; if you ask me to stake this, approve that with my eth wallet, well, just another weird smart contract thing, right?
This kind of scam just wouldn't work on BTC. You're passing tokens around. At fanciest you're time-locking wallets or using M of N signatures. You're not like, installing arbitrary code in your bank account.
I find ETH very technically interesting but it feels like it's full of sentient foot-guns.
