My main area of skepticism regarding this proposed use case is that a blockchain is an immutable public ledger, and thus with enough sleuthing, it is probably quite traceable. Indeed many criminals have later been apprehended through monitoring bitcoin transactions.
The world has had thousands of years to come up with solutions to trust problems during transactions. They are solutions that work. They work for criminals too, but its a lot harder to use them, especially over the internet, because everyone providing the services goes to jail if they are transacting with criminals.
Unless the whole transaction is anonymous, you can do the same with bitcoin.
> or using escrow agents
Which costs you extra.
Not making a value judgement, just pointing things out.
Yes of course - but the question was what value does bitcoin add over normal money, not /name things you cannot do with bitcoin/.