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by depaya 1536 days ago
I think this is one of the most compelling use cases I've seen, but even this doesn't seem like a good idea to me. The benefit of paying money, having to use companies and government agencies, and having lawyers involved in the process is it allows for flexibility (and accommodating the human element...).

If someone hacks your account and initiates the transfer, or you get scammed by someone, or you accidently transfer your title to the wrong account, or someone forces you at gunpoint to make the transfer... the courts can deal with and reverse these things. What your options are with a blockchain?

1 comments

As far as I can tell the coiner standard position is that the person who you transferred it to is the rightful owner and you shouldn't have options. They've latched onto a huge flaw and declared it a common good.