How does escrow protect a buyer or a vendor?

...in this situation.

New buyer (zero previous purchases on a market) buys from a new vendor (maybe a few previous deals). Neither of them are established on the marketplace. If the package doesn't show and it's the buyer's word vs the vendor's, what happens next?


Comments


[1 Points] None:

Pretty sure vendor has to give market admins the tracking


[1 Points] Accountnookkkknvv:

With tracking, maybe 100% to vendor. Without, 50/50 between both.


[1 Points] Vendor_BBMC:

Escrow is like a clear glass box where you can both see the money. usually, the money can only come out through the vendor's door when the customer says its OK.

The reason the vendor sends the drugs without the money is because he can see that the customer is good for it, and needs a good reason not to release the bitcoin.