Post
Topic
Board Project Development
Re: local bitcoin alternative
by
logfiles
on 03/03/2024, 21:58:14 UTC
Hello logfiles,

Thank you for your questions. Allow me to provide a more concise explanation of the principles that guide my platform:

Regarding the depositary or non-depository nature, the platform aligns with the Bitcoin philosophy, operating as a fully non-depository and decentralized service. Although being a platform for connecting buyers and sellers. my commitment is to adhere to Bitcoin's founding principles, avoiding unnecessary regulation, centralization and preserving user privacy.
This means you might have to adopt a system where individual traders have to download some open source software, run their individual nodes, connect to peers creating a true decentralized peer to peer network and exchange (look at bisq.network)... right?

Quote
The absence of KYC is intentional, reflecting the desire for a more private and decentralized financial system. The platform is designed to uphold the values of financial freedom and user autonomy that bitcoin represents.
I understand, but your platform remains centralized in a way that you or Law Enforcement can stop it at any time they want. Probably seize even the servers.

Maybe you could consider creating a tor mirror as well in a mean time.