Quote from: logfiles on Today at 11:47:59 AM

Quote from: r00tuser on Today at 12:05:12 AM

Is it custodial or noncustodial?
Response: It's a noncustodial platform, fully decentralized.

Since it's noncustodial, does that mean no KYC. You did talk about that bit. Remember, this is a fiat to crypto service. So you are bound to clash with Regulators and Law Enforcement at one point in time. What is your plan to avoid such a scenario.

This is why the term of service are so important. So that the user knows what they are getting into.

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How does the escrow work?
Response: We don't have an escrow service. I prefer not to handle transaction responsibilities due to the workload. The platform operates on a voluntary basis.

So how will disputes get handled if there is no escrow plan? Not all people who trade p2p are genuine, some of them are scammers.

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What are the fees?
Response: The platform is 100% free as a service to the community.

Where will you get money to foot the cost of running the service?

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.

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.

In terms of escrow, the platform operates without an escrow service due to workload, and disputes are managed through a community-based approach, emphasizing transparency and collaboration to mitigate risk.
As far as fees are concerned, the platform operates as a voluntary and free service for the community. The intention is to contribute to the community without any commercial or profit motive. This is a voluntary, non-commercial initiative to foster a community-focused space.

PS : It costs me nothing; I coded the site myself, and, as mentioned earlier, for hosting, it takes 0.1% of my VPS, which I use for other side projects.

I appreciate your understanding and support, as I strive to respect the principles and values on which Bitcoin was founded.

Best.

r00tuser

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