[CommunityDiscussion] The community has a decision to make.

Let's be honest, scams will come and go like the sun and the moon, that is unless the community responsible for making Evolution/Agora (etc) what they were/are, decide as a whole to choose decentralized markets over escrow markets. Any thoughts on what should be the go-to decentralized market?


Comments


[13 Points] attilathehunn:

Markets should make it so vendor can set a different price for multisig or regular escrow. So buyers will research multisig if they want to save money. Vendors get compensated for their risk of exit scam.

Heroin:

Multisig $15

Normal: $20

And then watch multisig volume go through the roof.


[8 Points] ChewyTheSheep:

Buyers will just keep going to centralised markets because it's easier and vendors will keep going to them too because otherwise they don't sell very much.

Exit scams and LE busts are just an occupational hazard. Everyone knew how Evo, in particular, would close if the carders closed it before LE did and everyone presumes all the other markets will close with a loss of money to vendors.

Vendors take this "risk" (certainty) into account when they decide to start vending. They hope to make a profit overall despite this.

Nothing unexpected has happened and nothing will change.


[5 Points] dnmthrowway111111:

You have to think on this from all three sides of the equation

  1. The Market Operator: The most risk in this equation rests on the Market Operator (as seen with Ross) so you have to look at the Market OP's motivation. Very very few are in it for a purely "moral" reason i.e Unrestricted free markets, so with that in mind, the obvious motive is Financial Gain. So you need to determine how to reduce a Market Operators risk, ensure financial incentives, and reduce the NEED to scam. No one is stupid enough to run a market out of the kindness of their hearts. There in it for the money, same as the vendors.

  2. The Vendors: Second most risk in the equation. Vendors have product they need to sell, in a format that removes some of the IRL risks (raids, being a target of their customers addiction and being robbed, aversion to IRL interactions, etc.) A market provides them the means to distribute their wares in an anonymous fashion, at their discretion, with little risk from anything but LE. They're in it purely for financial gain and need the means to acquire as many customers as they can, through the easiest means possible, via a system that doesn't tax the fuck out of their bottom line, which allows for better rates and more product to sell. A vendor wants their customers transaction to be as simple and efficient as possible to maintain a higher volume of service.

  3. The Buyer. Least risk of the equation. Similar motivations for using a DNM as a vendor regarding IRL interactions , coupled with lack of locally sourced product availability. They reduce their personal risk of being robbed or burned on shit product, less risk of LE by avoiding high crime areas and associations, etc. A buyer looks for the best product, with the least risk of financial loss, by the easiest and QUICKEST means necessary.

Take these 3 points and try to view the simplest means to meet all 3 objectives to the best ability of modern tech.

My thought would be, and I may be crazy. To find a team of like minded operators. Already proficient in OPSEC and the workings of the dnm scene. A group if more then just 2 or so, that can create a fast and efficient market with multi-sig, purely decentralized, and with a BUILT IN expiration date. Have a target dollar amount the OP wants to see as an ROI on their inherited risk, and calculate what commission is needed while meeting the time frame. Then advertise that life of the market. All participants know the end date, so the need for a scam is reduced, you know specifically when the market is done ahead of time, have the ops, as part of the process, have some sort of system in place that guarantees their rates of return without ever holding any other users money in any form of escrow, and then do your thing.

If all stated goals are very transparent, then everyone in this equation gets what they need from the system. While mitigating as much risk as possible with our current means of distribution.

Crazy?

Edit: Thanks to /u/nycguy1234 a 4th element should be added....

  1. Law Enforcement(LE): this part of the equation, in this scenario, is the only party looking at a potential DECREASE in risk. The ability for LE to monitor places like this, and do the majority of their investigations electronically regarding DNMs means, for the tech savvy DEA agent let's say, targeting strictly online distribution of narcotics is a safer bet for them. They have less need to go into the field for the investigation in this environment which itself reduces risk. Also, the associated cost is lower, and our information and ways of discussing these topics are more readily available to them (i.e THIS).

So in order to make the 4th part of the equation a negligible (and in a perfect world, a NIL) part of the problem, I think the focus should be education to your peers, setting up methods that make LEs j9b harder, and raising our own standards in regards to OPSEC. Major vendors, REQUIRE PGP. Communicate nothing beyond the theoretical in the clear, and remember TOR doesn't need to be circumvented if everything is still wide open.


[4 Points] UDNM:

Someone needs to make a multisig market in which no funds are ever sent to the market. The market should provide 1 key for a 2/3 mutisig. The market should be paid a commission to the market wallet and the multisig transaction should be created by the buyer, vendor and mod off market. The biggest hurdle is really laziness.


[5 Points] IGetDankShit:

Someone needs to make a multisig/FE only market first. I think every market currently utilizes some form of centralized escrow.


[3 Points] None:

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