Post
Topic
Board Announcements (Altcoins)
Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
DeezCoinz
on 20/01/2016, 06:55:41 UTC
Hey.

I've been thinking about DDE. Often people sell things because they need the money. Suppose I came up short on cash to pay the rent. I have a pretty nice guitar that I decide to sell on the Bitbay Market. I want $1500 for my guitar. Someone likes my guitar and agrees to buy it for $1500. With DDE I have to deposit $1500 in escrow to make the transaction, correct? My problem is if I had $1500 to deposit, I'd probably use it to pay the rent and keep my guitar.

Is this a bad use case or am I missing something here?