Crypto doesn’t ensure you get the product. Like with real cash, other party might just run away with money
Which is why intermediaries exist and why crypto isn’t in any way a solution for the problem this entire post is about. And why bringing it up randomly is complete tech bro wankery.
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Yes, it’s a permissionless P2P network.
Signing and sending transaction is exactly it. Transaction says that you send your bitcoins to an address controlled by the other person.
Crypto doesn’t ensure you get the product. Like with real cash, other party might just run away with money
Which is why intermediaries exist and why crypto isn’t in any way a solution for the problem this entire post is about. And why bringing it up randomly is complete tech bro wankery.
You know you can build an escrow out of a smart-contract (even on Bitcoin) using multi-sig to ensure both parties are satisfied ?
Are you concerned that Valve runs away with your money?
Valve? Not concerned. Random company selling something I need for a good price? Sure.
The intermediaries are useful when dealing with less trustworthy merchants.