Replying to Avatar ₿on

Honest question.

If Bitcoiner's see p2p transactions as a key prop for bitcoin.

Why is there such low interest in p2p markets for purchasing bitcoin?

There are great options out there cutting out the custodial aspect entirely. No KYC is a bonus as well.

Bisq.network

Learn.robosats.com

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Juspace 2y ago

Honest answer: they are hard to use.

When I first got involved in bitcoin in 2019ish, I looked at bisq - but was not able to have a computer on for extended perioids of time. Also, I had no bitcoin to start with.

Then i did an account to "localcrypto.com'. After a few unsuccesful bitcoin buy attempts and continuos email spam, I gave up on that.

Eventually I had to surrender my privacy to CB. Even there I have the problem that fiat only moves 8h a day in five days.

Robosats is an interesting one. The problem is however, is not with BTC but with the fiat movement. How to do it so that my bank does not suspend me for money laundering.

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₿on 2y ago

Robosats is great! And really getting a lot more liquidity. There are a lot of Fiat transfer options on there to choose from. Choose the one that is native to your bank and it just looks like you sent someone a transfer.

Eg: in Canada most bank to bank transfers are done using interac etransfer. So almost 100% of the Canadian liquidity is etransfers. Just looks like you are sending your buddy a transfer. No info needed to the bank.