How does bitcoin system ensure responsible trading?
Could you elaborate on how the Bitcoin system ensures responsible trading? I'm curious about the mechanisms it employs to mitigate risks and promote ethical practices. Does it rely solely on the blockchain's transparency, or does it have additional safeguards? Are there any regulatory frameworks or industry standards that Bitcoin traders are expected to adhere to? Furthermore, how does the system handle cases of fraud or misconduct? I'd appreciate a detailed explanation of the steps taken to maintain a responsible trading environment.