https://bitcoin.gob.sv

Pretty reliable nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8

https://finance.yahoo.com/news/bitcoin-user-pays-over-105-215641614.html

We did this before him.

Hey nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8, bitcoinuptime.org is missing the uptime for 2024.

By using a p2p exchange like Bisq.

If you’ve already gone through KYC then it’s trivial for the state to know you’re a current or past owner of bitcoin. If you can’t prove you’ve sold it they would likely assume you still have it. If you have a government that fights rather than embraces bitcoin that’s a stressful situation to find yourself in. Additionally, data leaks from hacking or a release as part of bankruptcy proceedings could reveal your address and the fact you own bitcoin. Not something you’d want to have happen.

If you’ve bought on a KYC exchange I’d recommend doing what the likes of #[4] recommend and sell through the same exchange again then buy elsewhere.

Bisq can be cheaper than a centralised exchange and have no excessive fees to withdraw either.

I would say yes that would be a KYC free purchase. KYC/AML is the requirement for regulated institutions to collect personal information about customers. This makes it easy for state actors to identify you should they wish. Buying through KYC channels means next to zero anonymity for you. The smart plan is to be increasing your anonymity around purchases as much as possible. Things like mining and cash purchases (possible on Bisq) give you a very high degree of anonymity but it is hard to build a substantial stack in this manner. Buying through a p2p exchange using bank transfers is far more straightforward than mining and cash purchase say, but reduces your anonymity to a degree. Your counterparty will know your name and bank details, your bank will have record of the transfer as will the other party’s bank, though it would not be immediately obvious what the purpose of the transfer was. Someone would need access to the BTC seller’s xpub to be able to infer which UTXO was involved.

My point being that using Bisq puts a significantly higher barrier in front of state actors looking to confiscate or punish. In a 6102 scenario states will go for the 99% that used regulated exchanges. Don’t be part of the 99%.

When introducing interested friends and family explain this to them. If they want to dabble a small amount but want a path of least resistance don’t let an exchange be that path. As an example buy through Bisq on their behalf and send some sats to a BlueWallet on their phone.

Thanks. I’ll look into it soon, all very new and promising isn’t it?

The site is https://bisq.markets.

I understand that the current price listed for each fiat is simply the price that was paid in the latest trade in that currency. You’ll see some fiat prices are below the equivalent “mainstream” market price. This means the latest trade was likely a fiat seller putting up an offer to buy BTC below market price and a BTC seller accepting that trade.

On Bisq try posting an offer to buy BTC. You can set the percentage above or below current market price that you’re willing to pay. Post an offer to buy at or just below market price and it’ll get accepted by someone eventually. I’ve bought at/below market price on Bisq. The whole 5-10% premium thing isn’t a thing if you don’t want it to be.

The mempool.space project has a Bisq tab on their website. Go there and look at the latest trades section to confirm. There are trades above market price (these tend to be people putting up offers to sell) and trades below market price (these tend to be people putting up offers to buy).

Try Bisq, it’s not hard and not expensive. There is no Bisq premium when done right.

Mempool clears at block 777,777?