4 ms·

If they are outlawed, what will be the onramp?

• danuker 4y ago
  P2P trade. I think it's better than exchanges anyway. At the moment there's a significant premium for limit orders (i.e. posting an ad rather than taking one up). https://bisq.network/ https://bisq.network/ https://localbitcoins.com/ https://localbitcoins.com/
  • polygamous_bat 4y ago
    Nothing better than meeting a guy in a trench coat behind a garage in the shady part of the town to exchange your cash for outlawed, non-refundable token. No way that can go badly. Actually, scratch that. Nerds will lose their crypto wallet AND their physical wallet to the rubber hose cryptanalysis. In fact, this is a great opportunity for enterprising criminal minds.
    • danuker 4y ago
      You don't need to meet in-person. You can require ID when trading.
      • lxgr 4y ago
        In a world with robust digital ID, maybe that would be a possibility (but still leaves ample room for counterparty risk). Last time I had to "verify my ID" online, it amounted to a photo of my driver's license and knowing my previous address.