Quote from: Patatas on February 24, 2017, 07:23:52 PM

Quote from: joshuad31 on February 24, 2017, 06:47:31 PM

Can refunds using Bitcoin escrows solve the lemon problem in the crowdfunding space? That's the question I really would like to have answered with the help of the communities input. I really would like to hear your thoughts so that I can make active improvements to the paper I am writing.

As much I want to help you with the right comments,I couldn't seem to understand/correlate bitcoin scenario with the given example.I got a clear idea of what a lemon problem is but don't know how bitcoins can fit into the same paradigm.I've watched the video like 3 times with no success of linking bitcoins together.

It is all clearly spelled out in the white paper:

https://docs.google.com/document/d/1W-OF_34dQ4KgynjiBvvZZoexY4HGL13_O23XnC0frvE/edit

Just skim the white paper and look for the pictures like these ones:

https://www.lucidchart.com/documents/view/f5bb0656-a88b-4f84-87b8-ec2fc2862a72

https://www.lucidchart.com/documents/view/9382a366-c336-485e-9139-9ff0831441bb

I think it will help you better understand how it works.

Thanks

Joshua