Quote from: bitmover on August 23, 2023, 03:26:15 PM

I think this is true for most situations.

If you want to trade a 20usd for an Amazon card, you can certainly use a p2p solution, or some merchant or whatever...

But for people who are heavily invested in bitcoin and want to trade high values, this is not feasible.

Would you dare trade 1 or 2 btc in a p2p? This is very risky, and an exit scam is a real possibility. Additionally, people who live in developing countries mostly don't have an USD/EUR account, which narrow a lot p2p possibilities.

People who live in developing countries and who don't have a bank account are certainly not the major part of the ones who need to sell 1 or 2 BTC at a time in a rush. Besides, things have changed a lot in the last decade, you don't need to transfer USD from an USD to an USD account, you can simply pay a guy from your currency to his national currency the same way, automatic fx exchange is the norm now.
Also, how will a guy with no bank account use a Cex to sell his coins?

I really want to skip a few years till this whole FOMO of missing a x10 return a year finally dies down and we start thinking less of investing and trading and more of real-life usage. Oh, wait, that thing Bitcoin was built to be!

Quote from: bitmover on August 23, 2023, 03:26:15 PM

you can just do 4,5, 6 hops... It is quite cheap to make an on chain transaction with 1-2 sats bytes.

Except that if we exclude a one-week interval there hasn't been any possibility of sending a below 6sat/b fee in the last 6 months.
If you don't split the inputs and outputs you're not doing anything so easily from a 4 cents tx of 1/1 input-output you need a 2$ tx with at least 4 times the size. Multiply that by 5 hops, then think of what extra transactions will do to the fees if 10,000 people will do so and, it stops becoming that trivial.

Quote from: bitmover on August 23, 2023, 03:26:15 PM

On the other hand, trading 2, 3, or even 5 bitcoin is quite secure in the biggest centralized exchanges.

Yeah, it was perfectly secure in both MtGox and FTX case, big, old, trusted exchanges....