The biggest crime in Crypto currencies are the fact that private centralized institutions hijacked the whole experiment and then caused all these problems. Satoshi did not want people to do P2P transactions via 3rd part centralized services, he wanted people to trade 1 on 1.
These centralized services used exploitable code and hackers and thieves quickly realized this and they targeted these vulnerabilities. So Bitcoin was not responsible for these hacks, but rather 3rd party services with weak software.
These centralized services used exploitable code and hackers and thieves quickly realized this and they targeted these vulnerabilities. So Bitcoin was not responsible for these hacks, but rather 3rd party services with weak software.
I can see your point but there is not any trust between two people that exchange value in 1 on 1.
We still need a protocol to be created and protect both of the actors in a transaction like this one. Otherwise, we will still be in this vicious cycle and will be in need for a 3rd party that would act as an escrow.