flix on Nostr: What would the ideal Bitcoin exchange be like? 1. Fast 2. Liquid 3. Decentralised 4. ...
What would the ideal Bitcoin exchange be like?
1. Fast
2. Liquid
3. Decentralised
4. Atomic tx
5. Private
6. Self-custody
7. Simple UX
8. Secure
9. Cheap
Bisq does an excellent job at being private, decentralised, self-custody and secure. It's cheap when mempool is clear.
It has atomic tx, but only for BSQ. It's very hard to do atomic for fiat payment methods...
It fails, for now, at being fast and have a simple UX. It is liquid enough for 0.01-0.1 BTC, but for large amounts it needs to improve.
Published at
2024-09-17 11:32:03Event JSON
{
"id": "d62680587e812cb2ed223d94dff5f54672e3f73c73305bbfa41c5619cc6100e3",
"pubkey": "61854976ba1a538b9dfed1b1df9b42e57602790e9354c59891be7b3713db637c",
"created_at": 1726565523,
"kind": 1,
"tags": [],
"content": "What would the ideal Bitcoin exchange be like?\n\n1. Fast\n2. Liquid\n3. Decentralised\n4. Atomic tx\n5. Private\n6. Self-custody\n7. Simple UX\n8. Secure\n9. Cheap\n\nBisq does an excellent job at being private, decentralised, self-custody and secure. It's cheap when mempool is clear.\n\nIt has atomic tx, but only for BSQ. It's very hard to do atomic for fiat payment methods...\n\nIt fails, for now, at being fast and have a simple UX. It is liquid enough for 0.01-0.1 BTC, but for large amounts it needs to improve.\n",
"sig": "d1c8eff8fa5cbd9963452e8b067a0031571e30a535d961fd2b9b09caa1947fb77f8d97ce29dcd6a806bcfe935aa83ee512b4a4442f04fbf6bbb548654333bab1"
}
