Just read a post mentioning the hedged/unhedged feature of SR1, and it brought back memories of the good old days. And it made me wonder: Why is this not a feature on any escrow market I've seen since SR1? It can't be hard to code, is it because bitcoins are more volatile now than they used to be? Because even back then I remember some large swings up and down in price. Remember how some vendors would anger everyone when they'd cancel your order when the bitcoin price dropped because they were unhedged? (But gladly fill your order when the price went up) It can't be because it'd cost the site too much money covering the difference on sales when the price dropped because the majority of the time the price was stable and they made more commission off hedged sales. Clearly the business model worked well since SR1 was extremely profitable.
So why don't escrow sites implement this feature? Good for vendors looking to play it safe and be hedged (maybe causing less vendors to require FE), good for sellers not wanting to FE as much and having more vendors to choose from (since if vendors liked this feature they'd flock to the market that offered it), and good for the market because they'd make more money selling insurance basically and collecting higher hedged commission fees.
Wasn't this a good feature of the original Silk Road and why haven't or shouldn't more escrow markets like Agora copy it?
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