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I used to do this with bisq but I gave up. Way more hassle than what it was worth for only $50 in sats. Plus a lot of the sellers just sold you their coins from strike or cash app and took the no KYC premium.
I always thought this was a slow way to end up with less sats than someone who KYC’ed. At the end of the day you end up with the privacy bro ends up with less sats by trying to protect themselves from an unforeseen threat that may never materialize.
Not to be critical of early bitcoiners but they should have pushed back harder on making KYC exchanges a thing the but fiat gains became too juicy to the fact that staunch no-KYC’ers like Matt Odell end up investing in a Major KYC exchange like Strike.
143 sats \ 0 replies \ @k00b OP 9h
I think for anything less than $3000, it'd probably make sense to use robosats these days, but I get your point.
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kyc is a complex topic
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I always thought this was a slow way to end up with less sats than someone who KYC’ed. At the end of the day the privacy bro ends up with less sats by trying to protect themselves from an unforeseen threat that may never materialize.
Typo
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