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.
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.