bostonwine on Nostr: It’s a peer-to-peer platform for buying and selling Bitcoin. While you can buy ...
It’s a peer-to-peer platform for buying and selling Bitcoin.
While you can buy Bitcoin on an exchange like Coinbase conveniently, the downside is that you provide a lot of identifying information and tie it to your personal wealth and Bitcoin accumulation.
This presents a privacy/security risk because these exchanges (or really, any centralized entity) are frequently hacked and/or leak their users’ data.
A better and more ethical option is to buy your Bitcoin directly from another person. Platforms like RoboSats (and others - Hodl Hodl and Bisque) help you to connect directly with another party to transact in a private and relatively secure way.
Published at
2023-07-13 14:14:31Event JSON
{
"id": "1d5d83ba38a072c2fa1560f1a0b23ddb3bc0febdae3a2ff048c05355252df816",
"pubkey": "a80455732d5bfa792f279011a8c871853182971994752b9cf1169611ff91a578",
"created_at": 1689257671,
"kind": 1,
"tags": [
[
"e",
"f1d13960f1946d8426f5679dc0bed632deff06d719bce09822ea835d5e4304cf"
],
[
"e",
"92e7ff9da14a68b15bffe864c918244ee35d8f12bdb1ad9f20aa8b9b61394472"
],
[
"p",
"0a830eae1e28c8119fe19fcaba01b9b243e7bcdad3c1043947a9980ac1e5f806"
],
[
"p",
"8d6d31e04f2c27dc1f5bd63d00e41f9147fd2284b73a2a741d004dc0af2f68aa"
]
],
"content": "It’s a peer-to-peer platform for buying and selling Bitcoin.\n\nWhile you can buy Bitcoin on an exchange like Coinbase conveniently, the downside is that you provide a lot of identifying information and tie it to your personal wealth and Bitcoin accumulation.\n\nThis presents a privacy/security risk because these exchanges (or really, any centralized entity) are frequently hacked and/or leak their users’ data.\n\nA better and more ethical option is to buy your Bitcoin directly from another person. Platforms like RoboSats (and others - Hodl Hodl and Bisque) help you to connect directly with another party to transact in a private and relatively secure way.",
"sig": "a55de5e973206606b5791e8b96a70dfc26e87a84e248e050d005df7e4f5bbfb0bc7cd7ddaaa35a2f4335fafd1149f026cf4ba03b8d1704af0dcdc425b7f3e733"
}