On 2 Jun 2003, at 10:21, Sidd wrote:
 
> Why even make the payment then? The recipient has no access to the
> funds until the time expires, and the payer can repudiate at any
> time... Why not use the e-gold system as it is, and send the goods to
> the buyer, and ask him to pay once he receives the goods... it's the
> same thing!

Very good point!  It makes the whole idea seem rather silly.  The
only difference I can see is that the escrow make the buyer 
demonstrate in advance that he has the funds and give up the use 
of them for a little while.

Best,

CCS 


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