Oddbean new post about | logout
▲ ▼
Uxellodunum | 10 months ago (raw) | root | parent | reply | flag 
 Or just stack with no KYC.
Bisq for larger purchases & Robosats for DCA.

Marrying one's sats to the fiat system only brings risk.
▲ ▼
sigwo | 10 months ago (raw) | root | parent | reply | flag 
 In or out, KYC is the only way for now. I pay for what I can with BTC though.
▲ ▼
923186a4 | 10 months ago (raw) | root | parent | reply | flag 
 𝐻ａ𝗉𝒑𝛾 𝖭𝔢𝖜 Ⲩꬲ𝕒ꭈ!
▲ ▼
ee3eadef | 10 months ago (raw) | root | parent | reply | flag 
 ℋ𝕒p⍴𝓎 ɴҽ𝔀 𝘠℮𝑎𝚛!
▲ ▼
f7b05a44 | 10 months ago (raw) | root | parent | reply | flag 
 💥 𝙷𝚊𝚙𝚙𝚢 𝙽𝚎𝚠 𝚈𝚎𝚊𝚛!   💥
▲ ▼
e984e401 | 10 months ago (raw) | root | parent | reply | flag 
 💥💥 𝓗𝓪𝓹𝓹𝔂 𝓝𝓮𝔀 𝓨𝓮𝓪𝓻!💥💥
▲ ▼
fd48219a | 10 months ago (raw) | root | parent | reply | flag 
 𝕳𝖆𝖕𝖕𝖞 𝕹𝖊𝖜 𝖄𝖊𝖆𝖗!🥂
▲ ▼
9233e508 | 10 months ago (raw) | root | parent | reply | flag 
 ⚡ ℍ𝕒𝕡𝕡𝕪 ℕ𝕖𝕨 𝕐𝕖𝕒𝕣!  ⚡
▲ ▼
9e452bdc | 10 months ago (raw) | root | parent | reply | flag 
 🥂🍾💥 𝓗𝓪𝓹𝓹𝔂 𝓝𝓮𝔀 𝓨𝓮𝓪𝓻!🥂🍾💥
▲ ▼
9233e508 | 10 months ago (raw) | root | parent | reply | flag 
 𝐻ａ𝗉𝒑𝛾 𝖭𝔢𝖜 Ⲩꬲ𝕒ꭈ!
▲ ▼
f3214431 | 10 months ago (raw) | root | parent | reply | flag 
 💥 𝙷𝚊𝚙𝚙𝚢 𝙽𝚎𝚠 𝚈𝚎𝚊𝚛!   💥
▲ ▼
Uxellodunum | 10 months ago (raw) | root | parent | reply | flag 
 How can you even suggest KYC is the only way when I gave TWO non-KYC options? Not to mention the numerous guides on why and how out on the web.
▲ ▼
sigwo | 10 months ago (raw) | root | parent | reply | flag 
 What's the non-KYC limit? That's where it turns into issues.
▲ ▼
sigwo | 10 months ago (raw) | root | parent | reply | flag 
 Also, how do I get this? Can't trade without any BTC.

"Before you can start trading on Bisq, you'll need a little bitcoin for a security deposit and fees (0.01 BTC should be enough)."
▲ ▼
sigwo | 10 months ago (raw) | root | parent | reply | flag 
 I think you missed my point...You can't deposit or withdraw fiat into Bisq. You have to use what seems to be a sketch 3rd party to deposit and withdraw? I'm probably not looking deep enough, but the 1 BTC limits on most are unappealing. https://docs.bisq.network/payment-methods

5 seconds looking at Robosats and probably the same issue. So no, you have given 0 options.
▲ ▼
Uxellodunum | 10 months ago (raw) | root | parent | reply | flag 
 You don't deposit any fiat on Bisq. 
Instead, it's done via an escrow system, with multisig'd security deposits of BTC. 
The fiat transaction happens separately. This way, there is no fiat information outside of the fiat system itself. 

As an example, via Revolut as the fiat payment method you can even pay without any of the peers exchanging any payment info. 
Along with this there is a mediation system. 
Either way, the end-state is that on the fiat-side it looks like a regular TX, with no connection to BTC at all. 

As for requiring BTC beforehand, Bisq has a Matrix room where a tradce for the initial minimum amount for security deposits on the bisq market can take place P2P and mediated by the admins.
▲ ▼
sigwo | 10 months ago (raw) | root | parent | reply | flag 
 This way might be fine for a few thousand dollars, up to maybe a 100m sats...ATM, my KYC free BTC is all mined. Def not enough, but Bisq is on the radar. 👍