Most scams succeed because they exploit human psychological vulnerabilities like loneliness or greed rather than relying solely on technical exploitation.

“My theory is that 90% of the scams are psychology and probably 10% technology and science. That's because scamming people is actually hacking into their brain, right? Pushing some buttons that generate emotions.”

One must guard against the psychological tendency to believe in an appealing narrative, which can lead people to ignore reality.

“don't ever want to believe something more than you want the truth. Because if you want to believe something, you will discard everything to get to your belief, to see your belief confirmed.”