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Escrow's only real value is when a third party steps in to judge who's in the right when things go wrong. When Escrow works well, it's highly automatable and al
by GauntletWizard 3y ago
Escrow's only real value is when a third party steps in to judge who's in the right when things go wrong. When Escrow works well, it's highly automatable and already significantly automated by modern escrow companies. When one or both parties try to cheat, then you need human intervention, and again; Crypto/Blockchain/"Web3" is completely unsuitable.