[nym]

You should work with Brian Armstrong to allow sellers / buyers to use bitcoins on the site. The advantage is that bitcoin does not allow chargebacks. Their interface is very close to PayPal, and makes it much easier to get started with.

http://coinbase.com/

[pseudonym]

Don't you think that "no buyer protection" is just heading too far in the opposite direction?

Especially with callmeed's post[1] above...

[1]http://news.ycombinator.com/item?id=4730281

[btilly]

With bitcoin you can do some surprisingly complex things. Such as move money into a fund that the other people can verify are there, which only pays out on a trigger condition.

[rohamg]

An escrow account? :)

[btilly]

Yes, but totally verifiable and automated. Which means less trust than a regular escrow account.

[DrStalker]

What triggers it being paid? Surely that part can't be automated, someone (or combination of someones) has to have power to say pay/don't pay.

[nanodeath]

Where's the best place to learn more about this?

[btilly]

https://en.bitcoin.it/wiki/Contracts would be a starting point.