Hacker News new | ask | show | jobs
by brudgers 1909 days ago
In the case of a safety recall in the US, the manufacturer gets to choose from three options to address it.

1. Fix it for free.

2. Replace the vehicle with a new vehicle.

3. Purchase the vehicle back.

Bitcoin potentially provides arbitrage with the third option. Safety recalls are not uncommon. Suppose Tesla ships an over-the-air software change and then recalls the vehicles.

State by state Lemon-laws also might come into play.

At a minimum there is nothing buyer friendly in the clause.