1 sat \ 0 replies \ @mallardshead 19 Feb 2023 \ on: Strike Absurd Deposit Limits? bitcoin
I'm not a big Strike fan and prefer CashApp for KYC type-stuff, but Robosats
(the LN DEX) is getting more and more of my BTC buy/sell attention.
Strike will raise your limit in increments, but they have liquidity constraints and a consumer protection script they work around. I'm sure Strike will get better with time, but so will Robosats, Peach, Bisq, etc, as such is the nature of open source systems.
When the stablecoin war gets decided, I'm uncertain what role CEXs will have. But yeah, Strike seems more like a boon for businesses than it does plebz