Submitted by Globalist2 t3_z3o82z in news
Liraal t1_ixpydd8 wrote
Reply to comment by TheNewGirl_ in Reuters: Global regulators to target crypto platforms after FTX crash by Globalist2
It's actually funnier than that - most if not all cryptocoins don't have escrow or exchange mechanisms built in, only give/send, at most swap for other crypto. If someone goes on a forum and asks for "paypal for XXX $ElonCumRocket," there is absolutely 0 guarantee of not getting stiffed, without a trusted 3rd party that they explicitly reject. Absolutely hilarious when you consider this.
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