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> This is why many used car sales are done via cash - can't undo cash! If there is some shenanigans going on then the buyer/seller can just take it to a court.
by alkonaut 5y ago
> This is why many used car sales are done via cash - can't undo cash!
If there is some shenanigans going on then the buyer/seller can just take it to a court. Cash or not isn’t really relevant to the legality of a transaction it’s just a means of payment.
It’s just like the deed to a house, it’s not really relevant to the purchase of a house. It’s that the buyer and seller respects the legal framework surrounding the transfer. A blockchain storing house ownerships doesn’t add much?