Yup ...its cash (face to face p2p)
They buy stables from "merchants" via face to face p2p for a small premium
Merchants get stables from buying from locals at 1$ and/or have someone abroad buy stables and send it to them
Most used exchange is Binance
"Merchants" buy stables from locals at 1$ and they also have someone buy it for them abroad ..... and sell it to locals for a small premium .... that's why they are called merchants lol
Answer: face to face p2p via stables
Nope, it's more like face to face p2p
No platform .... face to face p2p (buying stables from merchants for a small premium, anything from 1-4% depends on demand)
Its accurate but more like face to face p2p (stablecoins)
P2P ... as in face to face p2p
How it works?
You will have merchants who sell stables for a premium and buy them at 1$
your not that bullish David ... this is why
https://www.theverge.com/23696466/bitcoin-crypto-lightning-network-lightspark-ceo-david-marcus
how about this one Jack:
https://www.theverge.com/23696466/bitcoin-crypto-lightning-network-lightspark-ceo-david-marcus
As many of you know, I've been at Swan Bitcoin for the past 2.5 years.
As Head of R&D, my job has been to basically play with bitcoin stuff: Miniscript, BDK, making Coldcard do cool shit (like hook it up to a CLN and use it as a lightning signer), write Swan's LN backend, t-of-n ECDSA signing, and a bunch of other cool stuff.
If it hasn't been super obvious thus far, Nostr has absolutely captured my imagination and inspiration.
Now it's the time to take a step back, and transition to working on nostr full-time. What am I going to be doing? I'm not sure yet, I have an abundance of ideas that I will be/already am exploring, but now it's the time to double-down and seriously pursue things.
There's a WHOLE lot more to come.
I can't thank @Cory, nostr:npub1fqn4fgzkk8nm2x3wd600n935c9tc7xgg9jhk5dfa0kuvrgvsyv7sgu536l, and the whole Swan crew; it's been an absolute pleasure to work along people who share such a distinctively clear mission of doing what's best for bitcoin and bitcoiners.
LFG, team #bitcoin! 🧡
best of luck ... maybe this will inspire you more
That's the way
It's really valuable current developments.... it's worth having tackling what the FUTURE use cases can be while going deep in imagining what could it be
This could stimulate some to do something different and inspire others to do more
the group your referring to is a shitcoin group :) ...mainly kids (early 20s gambling on casino coins)
As for buying it ... everyone is doing P2P ...
Anyways, didnt expect to see this on Nostr ... however there is a small group of hardcore Bitcoiners in Jordan, going to meet this weekend (DM if ur interested)