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.
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.