ESCROW
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I have no interest in using PayPal at all for P2P trades. My primary concern is that escrows generally only protect the buyer, even if the currency is FTC or BTC. As a seller, trying to prove that my item was delivered in the condition advertised is almost impossible. Even if the item makes it all the way to the user, some dishonest person with buyers remorse could simply take some sandpaper to it and claim that it was damaged. Then they get their money back, and the seller get stuck with their item that is worthless now. I’ve had it happen to me on eBay.
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Please add me
[url=http://forum.feathercoin.com/index.php/topic,551.msg4049.html#msg4049]http://forum.feathercoin.com/index.php/topic,551.msg4049.html#msg4049[/url]
Been a Feathercoin user since 19 April 2013 (proof is in the blockchain, as always [url=http://explorer.feathercoin.com/tx/a1dfcb9bfe0775ed03a291f2cc3cf6e093e2d7be3faa20238965d0659e14b14c#o1]http://explorer.feathercoin.com/tx/a1dfcb9bfe0775ed03a291f2cc3cf6e093e2d7be3faa20238965d0659e14b14c#o1[/url] )
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[quote name=“rynomite” post=“40190” timestamp=“1386268846”]
I have no interest in using PayPal at all for P2P trades. My primary concern is that escrows generally only protect the buyer, even if the currency is FTC or BTC. As a seller, trying to prove that my item was delivered in the condition advertised is almost impossible. Even if the item makes it all the way to the user, some dishonest person with buyers remorse could simply take some sandpaper to it and claim that it was damaged. Then they get their money back, and the seller get stuck with their item that is worthless now. I’ve had it happen to me on eBay.
[/quote]You are correct. Buyers remorse is a problem escrow can’t solve.
Smart Property is the solution. But we’re not quite there yet. Maybe some day…
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What I was originally asking about was if anyone has thought about doing the escrow for both the item, and the payment. Where I live, I can go downtown and drop off an item with an escrow service who will then release the item (such as a car title) upon receipt of payment for a small fee. It adds a trusted middle agent to the transaction who verifies both sides of it. The trusted agent has the property, and the cashier’s check just cleared. Release the title, transaction complete. I live in a place where 99.9% of the people have no idea what crypto currency is, and so finding a buyer here who will pay with FTC is almost impossible. The internet is really the only way for me to sell what I’ve got. When selling $10 items, it’s not the end of the world if someone claims you didn’t send it, or that it was damaged during shipping. When the item is several thousand dollars, that’s when it’s not so cool anymore.
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[quote name=“live627” post=“40193” timestamp=“1386268931”]
Please add me
[/quote]Hi live627,
The list above is specifically a list of staff and team members who are willing to offer escrow services, along with some carefully selected longstanding members.
We’d be happy to consider you when some time has gone by and you have had an opportunity to develop your standing, trust and reputation within the Feathercoin community by getting involved in any of the activities which help the community. We look forward to seeing you build on the start you have made already.
Regards,
Stefan -
[quote name=“rynomite” post=“40217” timestamp=“1386271294”]
What I was originally asking about was if anyone has thought about doing the escrow for both the item, and the payment. Where I live, I can go downtown and drop off an item with an escrow service who will then release the item (such as a car title) upon receipt of payment for a small fee. It adds a trusted middle agent to the transaction who verifies both sides of it. The trusted agent has the property, and the cashier’s check just cleared. Release the title, transaction complete. I live in a place where 99.9% of the people have no idea what crypto currency is, and so finding a buyer here who will pay with FTC is almost impossible. The internet is really the only way for me to sell what I’ve got. When selling $10 items, it’s not the end of the world if someone claims you didn’t send it, or that it was damaged during shipping. When the item is several thousand dollars, that’s when it’s not so cool anymore.
[/quote]So long as you pay all shipping and insurance fees, I’d be happy to help you out with a three-legged transaction.
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Which MOD or authorized user wants to do the escrow for my game.
https://forum.feathercoin.com/index.php/topic,5789.msg42850/boardseen.html#new
I offer 20% of the fee I collect. I will do the video and proof of game and determine winner. You will accept payments from all players. You pay me my cut of the rake and pay the winner. Keep the 20% of the rake.
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Take ChekAz off the list, he doesn’t provide solutions when his own sales go bad what good is he as an escrow service?
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[quote name=“ctt” post=“50115” timestamp=“1388970360”]
Take ChekAz off the list, he doesn’t provide solutions when his own sales go bad what good is he as an escrow service?
[/quote]Oh no, what happened?
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[quote name=“ctt” post=“50115” timestamp=“1388970360”]
Take ChekAz off the list, he doesn’t provide solutions when his own sales go bad what good is he as an escrow service?
[/quote]Perhaps you’d care to discuss this with an Admin using PM so we can arbitrate? Unless this was a case where a specific member was providing Escrow and something went wrong, it is probably better to discuss this in private until both sides of the story can be established. We do not want to shelter wrongdoing, but neither do we want to spread any disinformation, and to avoid both, these matters are better handled in private, at least initially.
Stefan
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spynappels +1
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Long time old thread…
I think we should try build a decentralised escrow into the BC… Kinda like escrow.com where anything can be escrowed for anything.
I plan to have this in by the years end.
What say we?