1 sat \ 10 replies \ @patrick 14 Nov 2022 \ on: Best payment method for bisq/robosats bitcoin
Strike is definitely the most convenient. It's "private" in that there is no on-chain connection between your p2p USD payment and the btc you receive.
There does not seem to be much privacy with this method...At least, it would have the same privacy as using cash app or paypal or zelle or any of these other dollar based centralized kyc payment methods.
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I agree that it's just as private as those methods. I'm talking about on-chain privacy. Your p2p payment will have no connection to any on-chain funds.
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Unless the recipient is a fed that has root level access to strike's database. They will then be able to link it on their side. This is the main attack vector for using something like Strike / Cash app that somewhat doxxes your identity when making payments.
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Even with root level access to their DB you wouldn't have access to the on-chain TX. Robosats is done using lightning HTLCs and hodl invoices and it's impossible to use strike for the actual BTC part of the transaction on robosats.
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Right, but you'd know that person X bought Y amount of BTC because that was the trade on robosats and you'd have proof of the payment and terms from both robosats and strike/whatever.
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Seems unlikely to me that the IRS would go through this much effort to track robosats purchases at this point.
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Yeah true, they had to hire 87,000 people just to process status quo returns, nevermind hang out on niche p2p markets.
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You could have just stuck with like warrant or court order or something lol
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Yeah, realistically they probably don't have the time to hang out on robosats to link people buying P2P to their real world identities...
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It would not be difficult to make a program that did that work for you. Just a matter of what they might be willing to fund.
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