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Sorry, it does not make any sense "to bolt onto Visa/PayPal/Venmo" a two-party escrow like that. The whole point of two-party escrow is to solve the problem whe
by oleganza 12y ago
Sorry, it does not make any sense "to bolt onto Visa/PayPal/Venmo" a two-party escrow like that. The whole point of two-party escrow is to solve the problem when you cannot (or don't want to) rely on any third party. E.g. PayPal can block/revert funds if they want to.
Full two-party escrow ensures that only these two parties can decide what to do with the funds and no one else could decide for them. You must use Bitcoin to ensure that. If you still have some 3rd guy to decide, you don't need such a setup in the first place.