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>> "it seems that funds can still be reverse under certain circumstances" Maybe it's me, but ideas like being able to reverse funds do not belong in crypto cur
by nxzero 10y ago
>> "it seems that funds can still be reverse under certain circumstances"
Maybe it's me, but ideas like being able to reverse funds do not belong in crypto currencies. If risk is presented, escrow the transfer, buy insurance, etc.
Why are people so unwilling to take responsibility for themselves?
- jacquesm 10y ago> Why are people so unwilling to take responsibility for themselves? This question - and the answer - has implications far outside of crypto currencies and you could probably write very large books about it. It goes to the heart of why we have religions and many other social phenomena.
- Avshalom 10y agoA) Because people have severely constrained resources and imperfect information with which to allocate them. B) escrow, insurance, etc. are just poor attempts at implementing reversible transactions, so if can why not just have them instead of using a greenspuned tangle of partially overlapping partially conflicting tools with who knows what kind of jurisdiction issues
- sliverstorm 10y agoThere are all kinds of completely legitimate (IMO) reasons to want the ability to reverse a transaction. See theft, fraud, PayPal scams, etc. We certainly could insist the victim live with it, but that seems like a worse world for everyone.
- ubersync 10y agoWish I had the ability to downvote. What you are doing is there dictionary definition of trolling. I'm sorry for your loss, but please do not put the whole Ethereum project in danger.
- sliverstorm 10y agoCall me a troll if you like. I have nothing to do with Ethereum, I just don't believe in the sanctity of all transactions, and "it's your fault, you should have bought transaction insurance" sounds like victim blaming.