Earlier quoted context omitted.
This is not wrong but what’s really missing is cost: Meta did this so they can avoid paying people to do it. Lots of companies follow that decay spiral: your bank could shut phishers down cold by requiring wire transfers to be authorized in person but they don’t want to pay staff or risk you being upset by a transaction taking an extra hour so they don’t. Imagine an alternate universe where big tech companies worked…
Then you get trusted parties selling account access. Even if you remove them for a single false positive they will do it. A bit like a % packages "vanishing". The least terrible seem digital id.
How many bank tellers or USPS employees do that, though? It’s possible but quite rare because people know they’ll be running a big risk of being caught and no individual transaction is worth that much.