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Upwork just stole $10k from me

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342 points dustedcodes | 1 comments | 25 Feb 23 10:08 UTC | HN request time: 1.283s | source
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EVa5I7bHFq9mnYK ◴[25 Feb 23 12:08 UTC] No.34936046[source]▶
Exactly the case where Bitcoin could be useful. I remember paying someone 0.6 BTC for a day's work processing a bunch of photos :) As to those sites, Fiverr proved the most convenient, hired a lot of contractors there. They accepted Bitcoin at that time, not sure about now.
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moonchrome ◴[25 Feb 23 12:15 UTC] No.34936092[source]▶
What exactly would be solved by Bitcoin here ?

Bitcoin is not an escrow, and crypto escrow is a joke for contracting - by the time you deliver the crypto value could be off insanely.

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1. ilaksh ◴[25 Feb 23 13:44 UTC] No.34936602[source]▶
Actually with advanced cryptocurrencies this is false. One can build an escrow system that uses a stablecoin and does not require a third party. (It's also possible to build in different types of public arbitration if you want.)