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> Buyers also generally have to buy somewhere, especially for necessities. Much of what gets sold online is discretionary purchases, not necessities. Like came
by tus88 7y ago
> Buyers also generally have to buy somewhere, especially for necessities.
Much of what gets sold online is discretionary purchases, not necessities. Like cameras. And necessities are cheap and readily available down the road - why wait for toothpaste to ship online when you can buy a tube on your way home from work?
> You don't have to just resell to profit. Just buy stuff you want anyways then complain.
Well you really do, if your goal is to acquire currency. Having a garage full of stolen items is a liability, not profit.
> The current system works because there are many buyers and few sellers.
It works because buyers are willing (and able) to spend money. It's the only ingredient necessary for a market. Demand will always create supply one way or another.
> Most people are honest.
There is little evidence of this outside of Japan. Drop $50 in a carpark and see how many people return it to the store.
> Skewing in favor of the buyer makes it so the few sellers aren't overrun by fraudsters.
I am not sure what this means. Skewing in favor of buyers creates conditions where there are buyers in the first place, allowing for the market to exist. I suspect the reason sellers aren't swamped by fraudsters is as I said in a different comment - profiting from fraud as a buyer is difficult, dangerous, and requires a lot of effort and work. Most buyers just want their items. ALL sellers want to make money, and a fair percentage are happy to ship sub-quality garbage for over-inflated prices (a kind of fraud in itself?).