[thebean11]

> All blockchain gives you is the payment and settlement part of the process

Like I said they give you the trading platform too (the thing web app that issues the onchain transactions, and shows what's for sale) because you can use a third party one.

> and it does so at the expense of any ability to reverse a fraudulent or accidental trade.

That is mostly true now, but it doesn't have to be that way. We've come a long way with things like time locked transactions and social recovery features, but I agree it still needs to improve.

I don't think I'm under any misconceptions here, my work is related to crypto, but feel free to correct me if I'm wrong.