Here's a ?

Got bored and ventured through bitcoin the past couple of months. Reading more into it and found out that a concern is it's use for "illegal activities" (which is a fucking joke seeing as the biggest currency in the world used for illegal activities is uncle sam's).

Reading more and more about the markets, it seems they are continually shut down for their involvement in illegal activity.

the question I propose is why do markets continue to exist? You can see that a vendor can migrate from forum to forum with their own shops, not to mention product reviews are completed by customers, usually not the vendor.

Why is there not a service that doenst hold the money, nor does it involve itself in the activites. For example, a service that holds a key for a 2-3 transaction and upon verifying package delivery (whatever is sent is no interest of the service), provide the key to release funds if agreed upon between the two parties.

Added to this, a rating system would be comprised of packages, shipped, completed, and various other parameters that would allow individuals to see vendors reutation through what seems to a legal method.

If the government states a service could not exist to monitor the trafficking of illegal goods, then they better shut down all delivery services e.g. UPS,USPS, Fedex.

My thoughts.


Comments


[2 Points] SirNarcotics:

I don't think you've explained you're idea very well but with your proposal:

1) You're still relying on a middleman to hold the funds.

2) No dedicated listings would make it difficult as fuck to browse and decide what you want to buy.

3) There would be no support

"not to mention product reviews are completed by customers, usually not the vendors."

I really don't know what you think you're pointing out there.


[1 Points] ameliaenterprise:

When the newer markets were advertising themselves, the Sourcery Market claims to do what you're describing.


[0 Points] None:

Wow, I wonder why no one ever thought of this!