Replying to Avatar Derek Ross

It's been since June 16th that customers have been able to buy Bitcoin via Fold. I will no longer be attempting to do so and will be moving back to Strike for my DCA and smash buys. The only reason I had left Strike was for ease of use with Fold, paying bills and buying Bitcoin in one place. Fold's continuing failures means that I can no longer use them, won't be recommending them, and won't be renewing my membership in a couple months.
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Louferlou 2y ago

It’s a mystery for me why advanced Bitcoiners continue to use KYC solutions to buy their coins. Does the convenience worth more than privacy ?

Unless of course you buy such amounts that it becomes difficult due to small volume on P2P market places, we now have BISQ, Robosats, Peach, HodlHodl and more for P2P trading and our DCAs.

Come on guys be a good model for noobs on every aspect on your Bitcoin journey if you can !

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Derek Ross 2y ago

Yes. I'm not going to spend days and days trying to find the exact amount of Bitcoin I want to buy for the exact payment method. It's a nightmare.

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Louferlou 2y ago

Yes maybe in some rare case it's to complicated.

But for example on Robosats anyone willing to pay a 3/4% premium can easily buy 1500 USD in just a couple of minute using only Strike as a fiat mean of payment in the US.

And many other options are available

Unless you buy more than 1000 USD a day of Bitcoin which is extremely rare, it's really feasible IMO, and really worth it.