Scam Prevention

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Ok so how it would work is people could send money to mcm as “collateral” for if they scammed.

And in the case they do the money goes to the scammed victim.

For example someone could add 10$ to this balance thing for a month and anyone scammed during this time which was found in their favor would receive this amount of money. This would give some sort of way for scammed victims to get some money.
 
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SUPAH

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thats my point[DOUBLEPOST=1562870107][/DOUBLEPOST]
No it’s so that if someone is scammed by you they can take money from the money you put in.[DOUBLEPOST=1562870178][/DOUBLEPOST]
No it’s if you scam someone they take that money.
Someone could easily refund the said money to their alt after they win a scam report?
 

Will

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No
 

iiEnderr

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You pay money to mcm which they hold for however long. If someone is scammed by you during this time mc market can give money to the user who was scammed. If not the money would be returned back to you.

It’s like collateral, if you go out on bond you can put your car up so that if you scam they can take your car. If you don’t scam then everything is fine and you keep your car.
What you just explained is, let MCM HOLD your money until you get scammed. When you get scammed your getting back your OWN money? Sounds like some next insurance scam lmao.
 

StressV1

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I think it would be better if MCM setup an Escrow system rather than doing this.
Just my opinion
 

Mick

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The actual idea behind this thread isn't as outrageously bad as everyone is making it out to be, but it'd have to be bitcoin collateral and isn't really something we can justify implementing since I don't want to be holding onto potentially tens of thousands of dollars worth of bitcoin in the long run and have to keep track of it/verify scams occurring to refund/etc.

Denied, thanks for the suggestion.
 
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