I tried it and stopped when it asked me for my phone number and my contacts. Don’t feel safe even if Vexl claims everything’s encrypted, hashed etc
#Bitcoin #BTC #P2P #noKYC
If you want to buy BTC without KYC, you have several options to do so. You can buy it online, for example on Bisq. You can use BTC ATMs. Or you can buy it directly from other people for cash. But how do you find these people? Try ➡️ vexl! ⬅️
Vexl is a mobile app giving its users a simple, accessible and safe way to trade bitcoin as it was intended - peer-to-peer and without KYC. It was created by SatoshiLabs, the creators of the world's first cryptocurrency hardware wallet. Using your phone number and a list of your contacts, you'll see offers from other bitcoiners that you can respond to and arrange a meeting place and other details. Everything is encrypted, plus you can't even see who you're actually communicating with unless you agree to reveal your identity. And it's all completely free.
For more information, please check out:
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Discussion
It is because we need to have to create your social network. Phone numbers suit very well for this.
There are great ways to build social networks without phone numbers (look at simplex and Nostr for example), but iff you insist on using phone numbers, stop advertising as a privacy product.
More importantly, why isn't your code FOSS? How do we know your app isn't full of telemetry and other privacy/security violations? In fact... when a company refuses to FOSS, I must assume the software is full of shady shit they don't want me to see.
Look at our GitHub. Everything is opensource.
Guys, you want to get into my social network pretending you want to give me a bitcoin p2p purchase option.
Why is your software not FOSS ?
That raises more suspicion.
This. When a company pushes non-FOSS bitcoin software, I have to assume their product is full of shady/bad code they don't want me to see.
Full of telemetry? Probably.
Full of vulnerabilities? Have to assume yes.
Keeping logs of my activity? Almost certainly.
Imports 6000 unaudited libraries that each could compromise my phone? Duh.
#plebchain do not accept closed source software with your #bitcoin
Straight to the point !