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Re: Discussion about escrow service offered by forum users
by
igehhh
on 25/12/2021, 16:27:54 UTC
Going through cabalism13's trust page I see bL4nkcode even had to borrow >$400 from him. How could someone offer escrow service where he do not have enough financial solvency to pay off the money if something gone wrong in a trade or if he found guilty of sending the escrow amount to wrong person?
It all depends on how much money you're talking about. Although $400 may appear to be a small sum to you, it is a significant sum in the context of where bL4 came from. Borrowing is done for a variety of reasons, not just because someone is broke or short on cash. Elon and Jeff both have personal debts.

Shouldn't be an escrow need to have enough money of his own before performing an escrow in a marketplace?
It's not necessary for an escrow provider to be financially stable, but I wouldn't do business with someone who isn't. The question is, how can you be sure that bL4 isn't financially solid?

And I would go further, should a person run a charity that receives significant donations if they are taking low amount loans ($200) as in the case of cabalism13?
My answer is "no". He will always be tempted to use the fund when he needed which we have already seen in the case of cabalism13.
Looking at his escrow service history, he has had multiple multi-million dollar dealings in the past, and I believe this is why I'm going to oppose the flag against bL4.