OP, obviously you don't understand what the role of escrow is here. Their task is more complex than you think and there is no reason to eliminate them especially to ensure the satisfaction of both parties. Some services that automate the escrow system also don't work well and many fail to resolve transaction disputes.
I guess we can agree to disagree then. Like I mentioned earlier I was an international seller on Ebay and Amazon before electronic payment systems like Paypal even existed. I remember the rules in place and how it was made to work primarily based on marketplace user rating and feedback. I think the near instant settlement of crypto is very applicable to how it was before there was a Paypal or other electronic payment systems.
Yeah, the problem is there are many unknown seller intentions in decentralized markets, especially in the crypto space where scammers are more likely to disappear without a trace or most cases of fraud are simply forgotten because the amount is too small to chase.
Removing escrow for the sake of efficiency of transaction settlement does sound beneficial to honest sellers, but you also have to look at it from the buyer's perspective before saying it's worth implementing. Btw, during your profession as a seller, have you ever sent counterfeit products just to try to test the platform's security system?