Mike was excited about his new crypto wallet and decided he’d make his first Bitcoin transfer. He triple-checked the address, held his breath, and hit “Send.” As soon as he did, he had that sinking feeling—he’d sent it to the wrong address.

Panic set in. He frantically started googling: “Can you undo a Bitcoin transaction?” He found out the answer was a big “Nope.”

For the rest of the week, his friends heard him muttering, “I just paid a stranger 200 bucks… to exist.” Meanwhile, he considered asking his friends to chip in for his next transfer attempt, this time just “to make sure the wallet works.”

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