Quote from: squatter on November 06, 2018, 10:38:40 PM

Is there no reputation system? How do you determine who is trustworthy when dealing with fiat payments? Even bank wires are reversible.

Also, general question about the feasibility of KYC. IDEX is enforcing mandatory KYC, which shows that it's not truly decentralized. Is there any way this could happen on Bisq?

Quote from: bisq_flix on October 31, 2018, 09:00:54 AM

Almost 6000 SEPA Euro trades have happened on Bisq so far. Approximately 1% of those have gone to arbitration. 0 of them have been due to chargebacks.

Okay, that sounds promising. Any statistics for US bank wires? I'm looking for an alternative to Localbitcoins. High premiums with no KYC was justifiable. Less so now...

There's no centralized reputation system, but your Bisq client keeps a record of all the people you have transacted with so you can create a web-of-trust of sorts or block onion addresses of unreliable trading partners.

Regarding KYC, all current Bisq contributors are not only opposed to it, but determined to make it impossible to apply. We don't want to rely on good intentions ("Don't do evil") but rather want to make the system so that KYC or data gathering is physically impossible ("Can't do Evil").

I don't have the full data for USD transactions, but will try to get you as much detail as possible soon.

So far I can tell you that there have been 3,495 USD trades. Most using Zelle, but popular payment methods include Chase Quickpay, National Bank transfer and Cash Deposit. Face-to-face transfers are only just getting started. Venmo and CashApp were disabled as payment methods after a few chargeback issues.