Post
Topic
Board Project Development
Re: local bitcoin alternative
by
r00tuser
on 05/03/2024, 15:33:11 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 other peers creating a true decentralized peer to peer network and exchange (look at bisq.network)... right? Because that's what Bitcoin's philosophy is partly.

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.

Hello logfiles,

you're absolutely right. I'm going to promote Bisq.network on the platform. I'll create an article in the future FAQ.

Answer: No, because my site is a classified ads site. In the future, I'll add the option of selling any physical object in bitcoin, which will make the platform more general. Imagine if someone wanted to sell their house or car in BTC, let's be crazy 😅.
I'm a classifieds site; if people want to exchange bitcoins for tomatoes, that's their choice.

Best,