Not exactly. Bitcoin enables multi signature transactions, so power rests not only with the escrow service, but also with the parties involved. There can also be more than one dispute mediator involved, as to maintain a balance.
For the delivery of real world goods you can write small scripts in the tx that monitor tracking numbers, have time locks, and the like as to maintain more control over the flow of money. Bitcoin is trustless, but only to an extent. Just like anything there will be point of failures, but Bitcoin minimizes them to a large extent and brings with it the opportunity to distribute power among many third parties, not just one.
I won't even bother answering you last question though, because I'm sure you realize how ridiculous that sounds in the context of this thread. Namely, if MailPile only accepted Bitcoin this would have never happened.
For the delivery of real world goods you can write small scripts in the tx that monitor tracking numbers, have time locks, and the like as to maintain more control over the flow of money. Bitcoin is trustless, but only to an extent. Just like anything there will be point of failures, but Bitcoin minimizes them to a large extent and brings with it the opportunity to distribute power among many third parties, not just one.
I won't even bother answering you last question though, because I'm sure you realize how ridiculous that sounds in the context of this thread. Namely, if MailPile only accepted Bitcoin this would have never happened.