The team at nostr:npub1mftv2j67vayavkks8rqev3u8jjhefe86tf80msstfxvpunk9vmps6prkl3 have created a ‘social network’ app that enables private #P2P #bitcoin trading.
I spoke with the app’s co-founder and CEO to learn more about her vision.
My latest #Founders piece for nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu.
#newstr #freedomtech #privacy #peertopeer #opensource #FOSS
https://bitcoinmagazine.com/business/vexl-the-next-generation-bitcoin-p2p-trading-app
I was very interested in this article and I am a big fan of the company but I think its innovations are also its biggest downsides unfortunately .Security and anonymity are the most important and I think these things do not go hand in hand with security :
-connects buyers and sellers of bitcoin via the contacts in their phone as well as the contacts of their contacts.
-using phone numbers and contact lists
-Until both parties decide to reveal their identities, you don’t know who the other person is, but you can always see how many mutual contacts you share and who those people are, and eventually ask them for a reference
but it's a great pity although in the Czech Republic , Slovakia and will certainly find users
They explain that contact thing on every occasion. Also here you can buy a phone number in literally every shop next to groceries. Enough people give their info here to Primal too.
I hadn't thought of that,
Sure I know what you mean , prepaid sim cards ( they cost a bit and you are anonymous so to speak )
Well, it's actually a minus (people can do ratings too I guess - there's something like that in the p2p exchange if I'm not mistaken)
I'd love to read your review if you've already used it and thanks for the response 🤝✔️
I used it, but instantly made friends and go further basically without. I'd like to sell stuff over it, but the base is still way too small for it to be used as a market. I'd love to use it as a bitcoin paid market more than an exchange.
Vexl is great. It's still little, but has big potential. History of vexling is huge here in Czechia, so no wonder it started here and is gaining here the most. But still, learn to vexl. You might need it later on.
