We need this. Probably better than escrow:
The Trouble: a Bitcoin business protocol for enemies who trust no one in the world
https://sbw.app/posts/trouble/
Thoughts?
Suggestions?
Discussion
But Adam Back says the future of bitcoin is to trust your friends with a multisig, timelock or vault op. What we really need is another trusted protocol from blockstream with legal counter party risk.
did you forget the '/s'?
Would you like to role play test this ?
You have unicorn plush i want.
I send 2x value to address.
I receive the plush 1 month later, but lie.
What do you do.
Oops, should have kept reading.
I'd offer to send you two more plushies with a discount.
Let's say I make 50% in profit from each plush (https://chat.openai.com/share/5219bcf8-5997-4a28-80b0-3d73546cdfb9).
I'd make a 50% discount for next two pushes, for you.
From my perspective, then, you've bought 2 plushies at their original price (while really you got 3 with a discount). I sold 3 plushies for the price of 2 and still profited from the 1st one.
Those two also "did not make" it and i no longer want anymore plushies or anything from you.
I choose not close because the price is pumping and i assume it will pressure you to cut your losses and buy new stock.
I refuse to close and the price is dumping. I assume you will close to prevent futher devaluation of your value by exchanging out to a stable coin.