As for the website (
https://local.bitcoin.com) it seems a half-hearted project to show people BCH is widely used when the reality is it is only a market place, hardly a real exchange.
I actually think it's a decent alternative to LocalBitcoins(due to KYC). Fortunately and unfortunately though(depending on which side you're on), I don't see local.bitcoin.com to be up and running without KYC/AML for long at all. If it gets big enough, it will receive the same government treatment that localbitcoins received.
Unless they don't adhere US/EU laws, in which case it should be interesting to see what happens (?)
I'm still waiting for a P2P platform that isn't hosted in the US/EU.
Both paxful and LBC are, and i really don't understand why. Wouldn't it be much smarter to incorporate in Seychelles/Vanuatu/Another offshore country? Less taxes, less regulation that you have to push upon your customers..
It's not like you need a bank account anyway, as all your "profits" are in BTC.
Perhaps i'm thinking wayy too simplistic about it.
I would agree with you that if a non-US/EU based company ran their service on a non-US/EU based server - what would happen? It would say that would be governed by the local jurisdiction they are based in (and where there server is located if it is in a secondary location).
The fact the taxation is tiny or non-existent in certain jurisdictions only adds to the need for such a service but we are still waiting to see who takes that first step in launching a credible website.