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The legal system can only be used to settle payment disputes when parties are known. Buying a tv from the back of a van going home to find out it doesn't work
by ipaddr 4y ago
The legal system can only be used to settle payment disputes when parties are known. Buying a tv from the back of a van going home to find out it doesn't work will leave you with little legal recourse. The legal system can only work with entities within it's power. Get ripped off from a foreign supplier can require a lawsuit if available to you in an unfriendly legal system. Cryto can solve these trustless entities problems.
Bank of America can do very little for your Russian payment disputes.
- heylook 4y ago> Get ripped off from a foreign supplier can require a lawsuit if available to you in an unfriendly legal system. Cryto can solve these trustless entities problems. Pardon the ignorance, but, how, exactly?
- scarmig 4y agoAFAICT crypto's solution to getting screwed by a trustless entity is "screw you, you deserved it for not doing due diligence."
- danans 4y ago> Cryto can solve these trustless entities problems. > Bank of America can do very little for your Russian payment disputes. Didn't know crypto had a contract enforcement apparatus in Russia. How does that work?