[SELL] BTC/USD
Amount: 150 - 1190
Price: $25,488.00
Sats now: 4,668,858
Payment: Strike
Expiry: 5h
Bond | Premium: 2.75% | 2.6%
Order ID: 36087
Created: 2/20/2023, 8:50:35 PM
#stacksats #bitcoin #nokyc
Discussion
can someone explain to me why you would buy bitcoin p2p with strike as a payment method, as opposed to just buying bitcoin on strike itself?
this is a great question
idk how strike works, not us-based and didn't even know strike has a p2p feature.
but I'd guess, since p2p works through escrow, that you skip the middle-man (strike) here in p2p payments. so if strike's settlement-server (?) goes down you can still trade. (@jackmallers?)
however struke still requires you to do KYC before using which, imo, affects one of the important features, permissionless-ness, of bitcoin. and you become low-hanging fruit. i dont like that.