150 sats \ 0 replies \ @BlokchainB 23 Aug 2022
I made my first trade using bisq and I was shocked how fast my order was taken. I will use more often
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256 sats \ 1 reply \ @pillar 23 Aug 2022
Cory asks: "Why should a Bitcoiner care whether DEXes exist? What are the use cases?"
Well, if we don't have DEXes, government can just shutdown the party by closing down CEXes. As always, decentralization is the opposite of having single points of failure. Single points of failure make the system fragile. Decentralized designs like bisq make the system robust.
The use cases are plenty: private transactions (which have many reasons to be useful), low fees (yes, you can achieve fees lower than many exchanges), trust-less trades that don't rely on an organization, the social pleasure of dealing with a peer on equal conditions instead of a massive corporation like Coinbase.
And DEXes work for people even if they don't use them: the fact that some unknown mass of bitcoiners is using DEXes helps protect the entire network from attacks, since any pressure on CEXes would incentivize shifting over to DEXes, further strengthening the network resilience.
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106 sats \ 0 replies \ @DarthCoin 23 Aug 2022
Maybe Cory is asking for "another" reason that we still don't know it?
I mean Swan is a great service but in the end is a CEX...
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145 sats \ 0 replies \ @ken 23 Aug 2022
"I don't see the point of a DEX"
- Man who runs a CEX
To be fair, Cory was very receptive to the answer, and I've learned a ton from the guy.
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135 sats \ 0 replies \ @nerd2ninja 23 Aug 2022
Shitcoiners think crypto is a program that they can attach a bunch a coins to and dump on the market.
There's a lot of decentralized stuff you can do, without creating a brand new coin.
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40 sats \ 3 replies \ @DarthCoin 23 Aug 2022
Also RoboSats. I think are the only true DEX out there.
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26 sats \ 2 replies \ @shyfire 23 Aug 2022
Much less liquidity than Bisq though but yes
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51 sats \ 1 reply \ @DarthCoin 23 Aug 2022
Like Bisq when it started... This is the endless story of DEXs, the chicken/ egg dilema.
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25 sats \ 0 replies \ @premitive1 24 Aug 2022
What do you dislike about Bisq now?
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25 sats \ 0 replies \ @Satoshonalro 24 Aug 2022
I used Bisq, thanks for giving us this access to decentralized purchasing.
Bisq is the way.
Cheers
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