I've been having a little thought about P2P exchanges like #Bisq and #Robosats.
As much as it feels nicer to not be buying a sats from the likes of #Coinbase or even #Strike with their kyc footprint, the fact is these private exchanges still have some traceability.
For instance: There is Bitcoin movement from an address, possibly onchain to lightning in preparation for the trade, and then money arriving at a bank account, often from abroad, from an unknown third party.
There's also the fact when buying that you know the third party's personal details which always makes me slightly uneasy!
It's not rocket science for law enforcement or government to see and synchronise these movements.
This, I would think, is especially noticeable when larger amounts are being sent/received, as I'm sure this could be flagged by the various banks that handle the transfer.
On top of that, you ultimately don't know the source of the Bitcoin you receive in the case of buying, which could be linked to some shady goings-on somewhere which you're now associated with accidentally, unbeknownst to you.
I'm interested to hear your thoughts
@QnA @MaxUM @Seth For Privacy @Ungovernable Misfits on the perceived and actual anonymity of these P2P exchanges. As for me, they seem tenuous at best.
#freedomtechfriday
