SEΔHΔWK on Nostr: The problem with peer-to-peer exchanges is you have no idea who you are dealing with ...
The problem with peer-to-peer exchanges is you have no idea who you are dealing with and that is a huge risk. Let me explain: you think nothing of buying $1000 of bitcoin from some anon. A month later the FBI is knocking on your door because your bank account made a transaction to a known human trafficker. Oh S*|+! I thought I was just buying some no KYC sats. FBI, “tell that to the judge.” Is there a solution to this problem that I don’t know about?
Published at
2023-04-16 16:25:32Event JSON
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"content": "The problem with peer-to-peer exchanges is you have no idea who you are dealing with and that is a huge risk. Let me explain: you think nothing of buying $1000 of bitcoin from some anon. A month later the FBI is knocking on your door because your bank account made a transaction to a known human trafficker. Oh S*|+! I thought I was just buying some no KYC sats. FBI, “tell that to the judge.” Is there a solution to this problem that I don’t know about?",
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