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A comment on Coinbase Wants to Be Too Big to Fail. Parent comment

Re:Coinbase Wants to Be Too Big to Fail by vincnetas on Friday September 28, 2018 @02:27AM (#18091427)
What about the cases when bad guy takes the business role. Bad guy opens a fake store and start selling non existing products online. So in this case irreversibility is enabling the fraud.
[ Parent | on HN ]
Re:Coinbase Wants to Be Too Big to Fail by sparkie on Friday September 28, 2018 @05:06AM (#18091952)
People not being responsible with their money is enabling the fraud.

If some random stranger in the street asked you to hand them some money in return for a product you want which they will send you in the post, are you gonna cough up the cash?

Why would you do so for a stranger on the internet without taking the necessary precautions?

I like the fact that you get to chose your escrow and are not dependant on Paypal, which is a terrible escrow because they have an entrenched buyer bias.

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