If lets say the big pharma unlawfully succeed in banning vitamin C so that “Joe” average can’t buy it from the local store will we be able to buy or sell it trough Safex ?
If said product is still manufactured.
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@thxo1138 The essence of what you asked is possible…
Any person in the world would be able to
*purchase any item using Safex cash ($SFX),
*so long as it is listed by a seller,
*AND filtered to be included in a browsing app…‘The World Marketplace’ (TWM) is just one such app that may list nearly all vendors
*although anyone can make thier own app to display whatever vendors they want.
If I made an app showing clothing items, i would not list vitamin C through my app, but someone else might in their app… Likewise, if i sold a special version of Vitamin C, and make a health food app, I might not want to display my competitors Vitamin C"
- Also, each vendor/buyer would most likely need respect shipping/customs laws as certain products may not be allowed in certain countries
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Not even to be hinted at. Comment removed.
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He’ll get an email copy anyway.
Apologies if this was discussed before but how will Safex go about scammers and faulty or incorrect items? Like for instance ebay & paypal where you can dispute your purchase and eventually get your money back.
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@shonekapone I think the general idea with crypto payments is that they are thought about as one way irreversible transactions. So to add an intermediary to escrow the funds and handle payouts and disputes would mean you lose the peer-to-peer aspect.
I think the idea is that sellers will have feedback and reputation so buyers can make their own decision. And hopefully good sellers will have a way to deal with product return issues.
As for scammers, they exist everywhere online and offline, they always will, so the best we can do is try to educate ourselves and others.
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In the future I did map out to establish an escrow system, where you can see which escrow providers the seller is willing to work with, and as a buyer you can decide if it is a neutral and suitable escrow. Higher value items will want this feature for sure.
You would still have the decentralized nature, and peer to peer element, and I believe it would be possible to supply more than one escrow provider to bring ease to the customers, and account for the jurisdictions and customs of different regions in addition to product category as well.
At the start, we hope the API level has some amount of discretion who the sellers are and so you would have the seller information who would have to answer to the scamming should it have occurred at all.
In the long run more money is earned by being a good and legit player. Keep in mind the feedback system built in also which will help people to identify good sellers.
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Very cool!
That could mean one theoretically could become an escrow service in TWM, for arbitrage or diminimus fees maybe…
This proves yet another way to earn a new revenue stream for those that can fund it, plus showing that really anyone in the world can participate in TWM! …
Pretty frickin amazing!
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Totally!
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