Post
Topic
Board Bitcoin Discussion
Re: Belarus wants to ban bitcoin P2P transactions
by
Z-tight
on 03/07/2023, 22:16:35 UTC
We cannot deny that trading P2P certainly pose a risk for both party since meeting face to face may trigger a crime if the other party intend to swindle the other party.  In a huge transaction, this might result in a bloodbath.  This is also one reason why I prefer selling my BTC in an online exchange to avoid this kind of incident.
In person trade is not the only form of p2p transaction, any transaction that doesn't involve a third party or a middle man is a p2p transaction, if you trade on Bisq or if i send you BTC right now and you send me fiat or any other commodity that i request in exchange, that's a p2p transaction. There is nothing dangerous or risky about it, if you don't like it in the form of in person trade, then use the other forms.