Oddbean new post about login | logout ummm, yes. Its powered by strike, an exchange. They aren't going to sell you or custody your bitcoin without knowing the bare minimums by law. Do you really think TikTok folks care? They put there whole life online.
Strike is KYC garbage also. I'm getting off it also atm. Some Tik Tokers will care if it's pointed out to them. Others perhaps most will not.
Strike is by far the best place to buy bitcoin. I don't even feel it is a competition.
It's very slick yes. But at what cost? Your liberty is being farmed for convenience.
Kyc bitcoin absolutely has a place. You can always withdraw over lightning to a bitcoin wallet, mix it, whatever. Personally, I keep a strike acct for dca purchases and inbound zaps. I tend to spend the kyc at bitrefill, paying friends, etc.. 90% of my bitcoin is mined. It is ludacris to believe the only way to get bitcoin for most people is bisq, other p2p, or a non kyc atm, or something else. The best way is to minimize it, then use forward privacy on the kyc, while keeping it segmented.
Sure it will have a place. I'm trying to bring awareness to those who care that it comes at the cost of your privacy. If you're not on board no problem. My main point was to make it known to newb sign ups. As you say many won't care or even know to care but in this case it's about touch points. They'll care when/if they get burned.
Zapped you non-kyc from own node. 🤘
Oh some people have also mentioned they have actually not been able to withdraw. It was in a post on my feed a few days ago.
Interesting. That's an issue, for sure. I use my own node to zap. Been testing inbound for zaps too, but still need a few more channels, too many failures inbound.
Is Strike KYC? If yes then its the worst place to buy BTC.
Get over it. P2P bitcoin is incredibly rare and hard in big quantities. I'm not buying a few bitcoin from a dude on the street corner with cash, sorry.
Another way is KYC free ATMs. You just need to know where to find them. Many dont ask for ANYTHING.
That is a myth, you can easily buy hundreds of thousands of dollars worth no KYC using Bisq
Pass.
Bisq blows anymore. so buggy, bloated, slow, and I certainly don't trust some random dude for arbitration on a 100k buy.
You don't buy it all at once of course. But in the timespan that it takes for a KYC buy to "settle" you can accumulate a 100k buy. Slick UX is for newbs, once you're past that stage it's a pretty shallow reason imo
Who said anything about slick ui? I didn't. I said that bisq sucks. Old Java codebase, is terribly slow, uses mostly single threaded, many payment methods need kyc anyways, low trusted escrow/mediation. For 50 or 100 bucks, sure. But I have robosats for that. There is zero chance or reason I would use bisq for large sums of USD.
learn Vexl
Oh wow, p2p. Lol... and yes I realize I can use a VPN. But still. https://image.nostr.build/a9388f0744e8ff5df93089424319de0632f4c8d50085168ab74bcb2982a713fb.jpg
What country are you in?
US
Is there an APK option or fdroid?
kind of hard to follow the custody once it its on lightning, right?
Not exactly, because sats in the lightning network is off the main timechain, the layer 1 known as #Bitcoin , but they still have all KYC data once those sats/bitties are brought back #Onchain.
