Post
Topic
Board Service Discussion
Re: Is escrowing for yourself using a secret alt OK?
by
Quickseller
on 11/09/2015, 20:44:04 UTC
Let me answer your question with another question.

If I were to trade you my Bitcoin for your litecoin, how would I be able to resolve a dispute if you had sent me your litecoin directly that I would not be able to do if I was acting as escrow for my alt?

What is the difference? In both cases there is the exact same potential bias
Thank you for proving my point. In a scenario where you secretly "self-escrow", you would have a bias similar to two parties trying to resolve a dispute in a trade without an escrow. As an escrow, hiding this bias from the other party is misleading and disingenuous.
No I am not. As I previously mentioned, there is no reason why someone would request the use of an escrow when trading with me directly if they would trust me with a similar amount as escrow. In both cases I could just run away with the money.