seems like making it harder for ppl to exchange fiat for btc would impact the price negatively at least short term and prevent noobs from coming in altogether. doesnt sound great tbh
Discussion
Most markets in the world are now P2P.
Exact opposite happened in African countries where they tried to outlaw
how are people doing large sums p2p?
I'm using P2P markets, only when I see orders where people are really motivated to sell by marking down their premium, I am happy to provide them with liquidity. I don't do large orders 100 - $200 max, most of the time the seller doesn't even have that much to sell at a certain price. It might not be the most efficient, and is slow and can lead to disputes, but that's why there is so much opportunity in these markets
The market just needs to develop. You’ll eventually have services that sit on top of P2P platforms and aggregate orders.
Aye. Money is a necessity. People adapt accordingly.