Nostr Web Client

Robosats, decentralized and anonymous Bitcoin exchange.

I will try to make a brief summary of why Robosats.

- This year the Mica regulation has been introduced in the European Union and the global travel rule, Bitcoin on- and off-ramps are being controlled through KYC. If your government knows that you have Bitcoin I assure you that you will end up paying some tax that they will invent.

- It is decentralized, it currently has 4 coordinators.

- It is anonymous, runs behind tor, and is focused on privacy, it does not collect any buyer and seller information.

- Easy to use

- It runs on Lightning.

Advantages over bisq:

- Easier to use, faster since it runs over lightning and does not require any heavy app like bisq, just the tor browser.

Advantages over lnp2pbot:

- More anonymous and decentralized, since lnp2pbot depends on Telegram which is not exactly anonymous and decentralized.

Advantages over HodlHodl:

-HodlHodl is a centralized service that collects buyer and seller information.

Here you have the statistics of the last day, as you can see it has a more than acceptable premium of 2% for buying Bitcoin without KYC.

Cyph3rp9nk 11mo ago

Anyone who needs help on Robosats or privacy methods will get help for free, I have never charged for helping the sovereign expansion of Bitcoin.

My job has always been to fuck with the system.

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Discussion

strah 11mo ago

If someone had a stack that was all KYC that they wanted to anonymize, how would they achieve this?

Cyph3rp9nk 11mo ago

The kyc does not disappear, it is in some database that sooner or later the government will have access to. You can anonymize those bitcoins so that they are not traceable and can not be proven to be yours, but with KYC and tax legislation is another matter, who knows what the government will come up with.

strah 11mo ago

I figured as much. What would this person do, then, to anonymize their coins?

Cyph3rp9nk 11mo ago

Anonymize them through coinjoin so that they are not traceable since their withdrawal from the exchange.

❒ PictureRoom 11mo ago

How does the coinjoin process work?

Cyph3rp9nk 11mo ago

Your coins are mixed with other people's coins so that they cannot be traced.

https://en.bitcoin.it/wiki/CoinJoin

❒ PictureRoom 11mo ago

Hmm, which would be the best application to use to do this on?

Cyph3rp9nk 11mo ago

For an expert, joinmarket.

For a novice, wasabi.

On the other hand there is joinstr which works on Nostr but is in testing phase.

❒ PictureRoom 11mo ago

Thank you, I’ll check it out 🤘🏼