Hi Richard,
Understood and agreed, you can't protect stupid buyers from themselves and I also agree that no one can 'police' online selling venues. But what we can do is communicate information that assists intelligent hobbyists with making better buying decisions.
eBays' moronic 'rating system' is virtually worthless for many reasons. Common sense dictates that no one can have thousands and thousands of transactions with 100% positive feedback. And
ebay has done a very good job with convincing buyers that there is little or no risk when buying. This perception is critical to
ebay's bottom line so most everything they do goes towards this profitable distortion.
But we all know that this is simply not true, there are good sellers with bad ratings and bad sellers with great ratings. We also know that
ebay does no vetting of the accounts, allows people to own as many as 50-75 accounts, and looks the other way with the thriving 3rd party industry which allows people to buy and sell existing
ebay and PayPal accounts. The fraudsters also count on everyone taking a 'buyer beware' position; it allows them to thrive and operate for years uninhibited. The philatelic press and many of the hobby organizations also appear to have buried their head in the sand on this topic. 'Gee, let's pretend that online fraud is not really damaging the hobby' appears to be the thinking.
The best weapon a hobbyist can arm themselves with is education, not relying a badly flawed rating system or
ebay other propaganda. Hobbyists should invest not just in knowledge about the stamps they buy but also about who they are buying from.
Don