I think P2P exchanges are unlikely to ever be anything more than niche services used by enthusiasts.

The reality is most people want a single face that they can trust when transacting, not to seek out a new anonymous identity for every trade.

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I think this is a common misnomer, as most people using P2P platforms like #[5] or HodlHodl go back to the same trader they've established trust and raport with, and often take trades off platform shortly after.

Another benefit of face to face cash trades is building relationships with local Bitcoiners while establishing completely unlinkable swaps of fiat and Bitcoin.

Fair enough, but I'm talking more about widespread usage by normal people. Most of them are going to want a single unified experience that can be guaranteed every time they use the service.

I think if the exchange can find a way to play more of a role as a middleman it might help (e.g., provide a consistent means of payment rather than the current quasi-barter system of Zelle, CashApp, Strike, etc., etc.), although then it ceases to be P2P.

Interesting, the idea of going back to the same seller for new sats. Introduces both a lower fraud risk with a potentially trusted/reputable contact, as well as a greater single-point-of-failure risk if you’re buying Bitcoin in a locale where it’s outlawed, due to the potential for UC/sting ops

Really? People are buying from the same sellers? How do you know?