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awestroke | 20 days ago

I see no advantage with this over real money transfers. At all. Just use some kind of escrow.

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Hendrikto|20 days ago

You don’t need a third party, or anybodies permission, nobody can censor you or block your transactions, you don’t need a bank account with everything that entails. The barrier of entry is the same as creating an SSH keypair. It works globally, fast, cheap. You do not need to trust anybody, all the code is open and the ledger is cryptographically verifiable by anyone. There are lots of advantages.

awestroke|20 days ago

In this scenario, the repo owner can just merge the patch but still refuse to pay back the shitcoin. With escrow, the escrow entity would act as an arbiter