Re:Forfeit – An app that takes your money if you don't compl...
by senttoschool on Wednesday July 12, 2023 @05:50AM
(#36692310)
That's not going to stop lawsuits from happening. You'd need to bring in professional arbitrators to review the company's decision. There is just too big of a legal risk for this business model to work. The company is also incentivized to take the money.
And the first person who disagrees with the manual outcome and posts on Twitter is the day this company dies.
That's what user agreements are for. What they usually do is put up a big ugly "I Agree" confirmation button, upon clicking of which all such suing rights are supposed to voluntarily get surrendered to the app maker!