Post
Topic
Board Project Development
Re: Escrow services and problems
by
SFR10
on 17/12/2023, 08:55:16 UTC
why there aren't many Bitcoin escrow services (excluding DW escrows for non-legit/illegal purposes).
There's a shortage of demand [e.g. trust issues, fees (especially nowadays), etc...] for those who try to launch their escrow services on a newly created dedicated platform.

Also, makes me question if it is actually a profitable business, given it is hard to earn trust for such platforms.
You're doing it for the wrong reason if profit comes into the equation!
- Most escrow providers who care more about profiting than actually protecting the involved parties, tend to disappear as soon as they hit a roadblock (e.g. losing their funds).

Finally, what's with escrow and disputes? I mean, solving disputes is not that hard of a thing to do, right? right??
It depends on how complex they are.