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40 sats \ 1 reply \ @anon 23 Oct 2023 \ on: I pay a 5-8% premium for Non KYC Bitcoin, and so should you. bitcoin
When i first started buying i got ripped off by a guy on paxful and started DCAing every since but id really like to start a no-kyc stack. When i looked at robosats i really couldnt understand how im protected by someone bailing after i send $. I even went through the motions of selling btc and i was asked to put up(the amout i lose if the tx fails) a small fraction of the amount id recieve. Can someone please explain how this is safe cause id really like to started using it
It's safe because of a mechanism called escrow. Once you understand that the rest should make sense.
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