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Replying to Avatar n3xB | Global Bitcoin Exchange Protocol on Nostr

Until all transactions in the world are conducted natively with Bitcoin, decentralized P2P is the best we’ve got. Native Bitcoin adoption will require price stability, and we are easily a decade away from widespread Bitcoin adoption at the mom and pop merchant level.

Platforms like Vexl is good. But they are like Blue Skys and Mastodon before Nostr. We need an open protocol for decentralized exchange. Not a lot of inter-incompatible little silos of centralized P2P solutions.

In particular, Vexl’s starting screen asking for my phone number tho, is not a good sign whatsoever…

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Grafton @ Vexl 1y ago

The phone number is your web of trust. Vexl doesn’t know your phone number nor does anyone else. Everything happens client side.

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