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1  Economy / Goods / Re: Prevention is better than a cure. Please escrow. on: January 13, 2019, 08:34:22 PM
Why is escrow such a big discussion here? I see a few problems with it and therefore did not implement escrow in my online store. My biggest problem is that I don’t know what to do with the payment upon escrow’s expiration. Once I place payment in escrow,  it becomes buyer’s responsibility to go back to the store where goods were purchased and acknowledge the receipt of the goods so that payment could be released to the seller. When I buy things online, I rarely acknowledge their receipt, partially because I know that a lengthy survey about customer experience will be waiting for me right after I acknowledge the receipt. So what shall I do on my web site when buyer simply didn’t bother to acknowledge receipt of the items? Shall I release payment to the seller anyway? What if courier service has gone on strike and buyer has not received the items upon escrow’s expiration? Should seller receive the payment in this case? In all scenarios that I can think of the only case when payment should be returned to buyer is when seller doesn’t ship the goods. In all other cases escrow is merely a delay.

My second question is why this discussion implies that escrow is a third party business, like a paypal? I use Ethereum to facilitate payments on my web site. To disburse payments among sellers of items from a buyer’s cart I prepare a contract and upload it onto Ethereum network. That contract is perfectly capable of holding payments until buyer acknowledges receipt of the items acting as an escrow. Therefore I do not see a need for a business entity to provide such service.
2  Economy / Service Announcements / Re: Online store with Ethereum payments on: January 12, 2019, 02:43:31 AM
Thanks for visiting.
Yes I know that the front page looks bleak. It is simply a switch between mainnet and ropsten. It also seems to be an appropriate place to publish a few keywords for the search engines. As for the reputation, I completely agree. When a buyer adds an items to a cart she or he sees seller's score. So in order to maintain a good reputation for my site I need merchants that value theirs. Does anyone have any suggestions where can I find such merchants?
3  Economy / Economics / Re: What is the point of Bitcoin if we all are getting cucked anyways? on: January 11, 2019, 08:08:37 PM
The meaning of bitcoin is the absence of intermediaries, the absence of such long transactions as between the Bank to bank , but so far everything spoils such a strong volatility of bitcoin , and no any regulation on legal

I thought it was to stop things like banker bailouts as mentioned in the genesis block
Yes, only bailIns, not bailouts.
Does anyone here really believe that your deposits of fiat in the banks would not be confiscated to sustain insolvent too-big-to-fail financial institutions? One day in the not too distant past majority of citizens of Cyprus found out that the amount of money they control is much lower then the balance of their bank accounts. So the point of bitcoin is that if you don't surrender control of your money to your bank then your bank can't take it from you even through inflation.
4  Economy / Service Announcements / Online store with Ethereum payments on: January 11, 2019, 06:41:19 PM
Opened an online store/mall with a funny name: www.videoclassified.com. Looking for a small group of merchants and buyers to test the idea. Web site is aimed at users of Android phone with a web3 browser with a wallet such as Opera, not Chrome.
Thank you for your time.
Appreciate a feedback.
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