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Can some devs and backend talent explain if Bisq is legit under the hood?! What are the vulnerabilities or points of failure/rugpull/scam/nefarious actions? Seems like some levels of trust are involved at strategic points but I could use help understanding when and how. 🙏🤔 Feels like banking info and KYC is being exposed at some point. (?)

Going to see what old threads I can find but any help 🔦 is appreciated!

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7c
nobody 2y ago

Figured it out. Bisq seems cool but it's essentially a facilitator of decentralized P2P private transactions. And going to/fro fiat will KYC yourself.

So looking at any methods to mitigate. Some people suggested using Strike. So looking into this now... lol.

Bircoin rabbit hole never ends.

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