Well, one of the general elements of this approach WRT regulatory regimes is that there really is much less _justification_ for heavy regulation. With a normal

Well, one of the general elements of this approach WRT regulatory regimes is that there really is much less _justification_ for heavy regulation. With a normal escrow the escrow must be trusted to hold all your money! With this approach they can only release with the consent and cooperation of one of the parties. The lower trust means such a thing would be fundamentally more difficult to regulate too, since it can come and go, disappearing into the mists because not so much trust is required.