Post
Topic
Board Project Development
Re: Building uncensorable, decentralized, permissionless and trustless fiat on-ramps
by
larry_vw_1955
on 26/06/2024, 23:58:51 UTC

 Tying Bitcoin to the existing fiat system is an entirely different issue beyond the original bitcoin whitepaper.

I agree and the OP was trying to come up with a solution to that. have to give his idea some credit even if it is a bit wildly impractical to be destroying iphones to turn them into bitcoins. Destroying physical things especially when they still have utility and value serves no one. And yet, his idea works theoretically.

Quote
I have not used bisq, maybe as it uses bank accounts and not cash in hand the feds aren't overly worried? Maybe it's not worth their time just yet? No idea, because they're not shut down doesn't mean they're in the clear.

they're definitely not in the clear. no way that could be the case.