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I looked into robosats, but couldn’t find a way to get dollars on there without using Zelle or Strike—both kyc’d through my bank. Do you know if there is a mechanism that separates the dollar’s transfer from the UTXO buy transaction?

I know i can use a post office money order with Bisque (haven’t done yet), but im trying to provide an easy way for my beef/eggs guy to convert BTC to cash if he has to. Right now he is a precoiner, but has several customers wanting to pay in bitcoin.

I just want to get him a manageable non-kyc offramp if he needs it.

stupleb 2y ago

You don't get dollars into Robosats, it's not an exchange. You buy directly from peers via the means they are offering, depositing dollars directly to them, be it wire, PayPal, Amazon gift cards, Zelle.

The other way around is the same. If you want dollars you suggest the receiving method. Of course, if receiving dollars in payment it'll be hard to avoid fiat KYC because fiat is KYC'd by default.

I suggested Robosats just because you mentioned Peach... It's a very similar escrow setup except Robosats is over lightning and can't track your Bitcoin for that reason, whereas Peach and govt can track your utxo because there actually is one. Peach also has a record of your payment method and IP address, whereas Robosats is anonymous and over Tor.

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Discussion

body (it's me again) ⚡️DSB#♾️⚡️ 2y ago

🙏🏼🙏🏼🙏🏼

stupleb 2y ago

Bitrefill is always a good means of converting Bitcoin to something else too.

body (it's me again) ⚡️DSB#♾️⚡️ 2y ago

Right right. I use Bitrefill on the reg. I just thought he wouldn’t be satisfied with gift cards in the same way as fiat conversion. I will give robo another look. Thank you ser