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> The whole point of a trustless transaction is that you don't need to worry about who the counterparty is. You don't need the leverage to sue somebody because
by mullingitover 5y ago
> The whole point of a trustless transaction is that you don't need to worry about who the counterparty is. You don't need the leverage to sue somebody because fraud is not possible.
Payment reversal is not possible, fraud is still just as possible as it is with a traditional transaction. If I were selling a fake van Gogh, I'd prefer BTC for the transaction, but if I were selling a legit van Gogh I'm not worried about being sued over, a wire would suffice. I would think more than twice about transacting with anyone in large amounts who insists on transacting in BTC.