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As a consumer, do you trust cryptocurrencies to get you a refund if the seller fails to deliver the product you've ordered?
by tonyarkles 5y ago
As a consumer, do you trust cryptocurrencies to get you a refund if the seller fails to deliver the product you've ordered?
- dustymcp 5y agothis question always gets avoided, its great for the seller but the buyer is in a way wprse spot than before.
- jimmydorry 5y agoIt requires a paradigm shift. Automated escrow services could handle almost every dispute where both parties are honest, APIs for validating shipping and handling of goods/egoods could handle another large chunk, and human dispute resolution could handle the remainder. Such a service could be offered by the legacy payment providers. I have used such services in the past, but still feel the field is ripe for disruption.