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Isn't escrow basically the opposite of trust? If you trust someone you don't need a middle man to make sure everything goes well.
by hellweaver666 10y ago
Isn't escrow basically the opposite of trust? If you trust someone you don't need a middle man to make sure everything goes well.
- soylentcola 10y agoI guess it's more the acceptance that buyer/seller is an adversarial relationship so you need to at least be able to trust the system or framework to be impartial and enforce honesty.
- dragonwriter 10y ago> Isn't escrow basically the opposite of trust? No, escrow is trust-as-a-service. That is, it's a means of removing the need for trust between the transaction principals by hiring a mutually-trusted third party.