https://economictimes.indiatimes.com/magazines/panache/would-you-believe-this-steve-wozniaks-bitcoins-actually-got-stolen/articleshow/63075377.cmsSteve Wozniak has an inventive mind, so it comes as no surprise that he’s a fan of Bitcoin. The Apple cofounder spoke at the ET GBS about what made him a fan of the cryptocurrency. “Bitcoins to me was a currency that was not manipulated by the governments. It is mathematical, it is pure, it can’t be altered,” he said.
Unfortunately, all of this doesn’t safeguard Bitcoin from fraud. The American inventor and philanthropist told a full house at the summit how his own Bitcoins got stolen. “The blockchain identifies who has bitcoins… that doesn’t mean there can’t be fraud though. I had seven bitcoins stolen from me through fraud. Somebody bought them from me online through a credit card and they cancelled the credit card payment. It was that easy! And it was from a stolen credit card number so you can never get it back.
This is the danger of credit cards.
And I believe that this is the reason many banks have banned purchasing bitcoin with credit cards - users scammed them by cancelling the purchase while keeping the coins.
If you want to sell, do it on a proper exchange.