Post
Topic
Board Service Discussion
Re: Localbitcoins is intentionally trying to lowkey steal from its customers (me)
by
DooMAD
on 16/10/2019, 18:17:58 UTC
It's certainly disheartening to witness LocalBitcoin's fall from greatness.  Back in 2013, it's unlikely I would have got seriously involved in Bitcoin if they had operated then the way they do now.  I'm also a little surprised about the lack of contenders looking to fill this gap in the market.  I would have thought it would be fairly lucrative to launch a service similar to how LocalBitcoins used to be, without all the KYC.  Is it likely that such services are having issues with the fiat transfer side of things where banks start blocking transfers to and from the escrow accounts if there's no KYC in place?