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What level of financial protection does Google provide on apps in their store? Is there a GDIC clause I missed? "It was in the store" seem an unreasonably low
by ethbr1 2y ago
What level of financial protection does Google provide on apps in their store? Is there a GDIC clause I missed?
"It was in the store" seem an unreasonably low bar for personal responsibility.
- umbra07 2y agoI have no idea - and it's not pertinent to my argument.
- ethbr1 2y agoYou're suggesting that Google's listing should take the place of due diligence? A financial guarantee seems the least I'd require for that, personally.
- bryanrasmussen 2y agoI would think vetting apps means that the apps work for their intended purposes. It was in the store seems a reasonably level bar for the app has been vetted to show it works for its intended purpose.
- mcosta 2y agoThe intended purpose for a "crypto app" is to scam its users. So it checks out.
- deanishe 2y agoIt was in their store. How is selling fake investment apps different to selling fake sneakers?
- ethbr1 2y agoBecause an app store will always be a bazaar. No one is doing full human code review on apps. To pretend otherwise is insane. (Even by appealing to app store monopolies or fees, which are immaterial to due diligence responsibility here) This wasn't a case of the lady giving $5M to Google for fake crypto. It was more like Google selling her a phone, then her dialing one of the preset numbers on that phone and getting scammed.