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linkhyrule5 comments on Open thread, September 2-8, 2013 - Less Wrong
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Pardon me, but - what is the trust boostrapping involved?
Paypal allows clawbacks for months, hence it's difficult to sell for Paypal to anyone who is not already in the -otc web of trust; but by restricting sales to high-karma LWers, I am putting their reputation here at risk if they scam me, which enables me to sell to them. Hence, they can acquire bitcoins & get bootstrapped into the -otc web of trust based on LW.