Exactly. Escrow charges you 1.5%. Many credit cards pay you 1.5%. And they protect you for upwards of 90 days post-purchase, for free.
It's free because it's built around agreements with a central authority that can delegate the power to police and reverse transactions. The whole point of Bitcoin is there's no central authority. So you have to layer on top of that much more expensive protection services, as you would with cash transactions.
It's free because it's built around agreements with a central authority that can delegate the power to police and reverse transactions. The whole point of Bitcoin is there's no central authority. So you have to layer on top of that much more expensive protection services, as you would with cash transactions.