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10 sats \ 1 reply \ @notgeld 4 Apr 2023 \ on: Paxful shutting down is a good thing. bitcoin
Ray Yussef explained why. Eventual overcharging is a result of non-existent competition. How do you think why LocalCryptos and Local Bitcoines went offline?
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0 sats \ 0 replies \ @AJ1992 OP 4 Apr 2023
On LC, There wasn't enough activity anymore with the rise of cashapp Bitcoin and other easier methods to obtain cryptocurrency without having to use P2P which at times can take a while for the process to complete and they didn't get a solid revenue since they didn't get a revenue from overcharging withdrawl fees since their wallets were non custodial
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