Oddbean new post about login | logout This 👇 nostr:nevent1qqs2jj3q5nc5pfcvvqc6gxy4ndwt6fdeml3tvh54k2l98tkqva558nqpp4mhxue69uhkummn9ekx7mqzyryfeumda63gdk5394q5tac5p3e5jhthut87m7m9y9vd4f78w8e0sqcyqqqqqqg6ek2d0
Wouldn’t selling that much Monero also result in KYC hell? Sounds like a problem with the P2P exchanges, not Bitcoin.
Yes.
Decentralized exchange like Haveno is the way. It's better than Bisq. Not sure how quickly the op needed to sell though. https://haveno.exchange/faq/#how-can-i-exchange-monero-for-fiat-without-involving-banks https://haveno-reto.com/
This is not a technological problem, it’s a social problem. You can’t code your way out of a demand to use dollars on traditional banking rails. It’s also a liquidity problem, which circles back to the social problem of not enough people caring about oppressive regulations.
Haveno is cool, but I don’t see how they get around the fiat liquidity issue where people just can’t Zelle or cash-by-mail $100k.
Where can I learn about Monero?
This is a good place to start :) https://www.getmonero.org/