Local peer to peer should be allow

[o_e_l_e_o]

I can say people really do not care for decentralization anymore.

Sorry, but your thread is simply wrong. Decentralization is not synonymous with anonymity. Just because people use centralized social media websites does not mean they don't care about decentralization. There are plenty of bitcoin devs who are active on social media. Hell, this website is centralized. Just because we use it does not mean we do not care about decentralization.

Yes, there are individuals who only care about trading for profits and will give up all their privacy and security by using centralized platforms to achieve this. But to say no one cares about decentralization anymore is just wrong. There are more P2P platforms than we've ever had. There is more P2P volume than we've ever had. We now have decentralized social media such as Mastodon and Nostr. Decentralization is growing.

[Faisal2202]

I can say people really do not care for decentralization anymore.

Sorry, but your thread is simply wrong. Decentralization is not synonymous with anonymity. Just because people use centralized social media websites does not mean they don't care about decentralization. There are plenty of bitcoin devs who are active on social media. Hell, this website is centralized. Just because we use it does not mean we do not care about decentralization.

Yes, there are individuals who only care about trading for profits and will give up all their privacy and security by using centralized platforms to achieve this. But to say no one cares about decentralization anymore is just wrong. There are more P2P platforms than we've ever had. There is more P2P volume than we've ever had. We now have decentralized social media such as Mastodon and Nostr. Decentralization is growing.

Agreed to your point. But if you do not mind then can you please elaborate more why did you said decentralization is not a synonym of Anonymity. What I am asking is I do know that decentralization is not a synonym of anonymity instead decentralization is the main factor that provide us anonymity. Or is it not? People like, you said, many developers really are using centralized platform and they also value decentralization at the same time. That's what you are saying. Because IMHO, If a developer is using a platform (centralized one) then he/she is living one life there but if the same person wants to avoid the centralization in Finance then they chose not to use these platform for Financial purposes instead they chose decentralized financial platforms for that purposes.

And by acquiring many achievements in decentralized financial platform for financial freedom, people are now encouraged to use decentralized social media platforms not to mention that the volume of users on Decentralized platform is still lesser than centralized social media platforms one. And I am agreed with your points as my thoughts were same.

But I think I was unable to deliver the full meaning of my message in that topic. One thing I mentioned in that topic is most of the people have already posted there personal details on those centralized platforms which means they have already lost their anonymity but if those same people were to use any Financial platform like banks (centralized) or BTC (decentralized). They have the option to remain not anonymous and anonymous respectively. I really was not trying to get into deep details of how people can really still manage to remain anonymous in financial status like without giving any personal details or handing over there assets to some central authority. Because they are using decentralized platform for that. What I was trying to say in that post is, people do not really care about decentralization anymore because they already shared a lot of there information on the internet which could be used to track them easily which already have eaten away some of the options to remain anonymous because once you are leaked on the decentralized platforms then having accounts on centralized platform will get your full details in no time. Means you will easily be linked to your decentralized life in financial world.

If I said something which does not make sense then please do not mind and correct me because I am still learning.

[Synchronice]

Most reason why people don't involved in the buying of bitcoin is because of the transaction process its really stressing and it has so many procedure's, before now in my country if you want to buy crypto is very simple you transfer from local account or bank direct to wallet but you have go through a whole lot of process from one channel to another before payment is made and the worst of it is during withdrawal you will discover that the stress of withdrawing your money is a tough one. I believe this peer to peer can be redirect to channel through local banks or account to crypto wallet straight and make more people to involved in investment and trading. Or is there platform one can buy and sell easily without passing rigorous payment system? Please share

Actually, centralized exchanges are the easiest and fastest solutions to deposit, buy, sell or withdraw your bitcoins for multiple time but they cost you your privacy and a chance that exchange may lock your account for unknown reasons. But for one-time use, decentralized exchanges are really more efficient solutions, if you just plan to hold it and not trade frequently. They have already been mentioned many time, so I'm not gonna repeat.

Agreed to your point. But if you do not mind then can you please elaborate more why did you said decentralization is not a synonym of Anonymity. What I am asking is I do know that decentralization is not a synonym of anonymity instead decentralization is the main factor that provide us anonymity. Or is it not? People like, you said, many developers really are using centralized platform and they also value decentralization at the same time. That's what you are saying. Because IMHO, If a developer is using a platform (centralized one) then he/she is living one life there but if the same person wants to avoid the centralization in Finance then they chose not to use these platform for Financial purposes instead they chose decentralized financial platforms for that purposes.

Decentralization simply means that the power isn't only in one hand, instead, it's distributed to smaller factions.
This forum is centralized, right? theymos is the owner. If theymos wants to ban me, there is absolutely no one who will be able to stop him because themos owns this forum, he is the main figure. But if we have a decentralized forum where hundreds of different admins, then theymos won't be able to ban me because he isn't that powerful, he needs confirmation of other hundreds of admins to do so.

And by acquiring many achievements in decentralized financial platform for financial freedom, people are now encouraged to use decentralized social media platforms not to mention that the volume of users on Decentralized platform is still lesser than centralized social media platforms one. And I am agreed with your points as my thoughts were same.

There aren't people registered on decentralized social networks because they are a new thing, so, where should one spread the message? Meta and Twitter are only options right now. It's not like people were waiting for decentralization to abandon these giant platforms, it's a very difficult task.

[Little Mouse]

Usually, these local sellers can be found on social media to offer their services to friends or other people.

I can't think of anywhere worse to find a peer to peer trading partner than social media. The signal to noise ratio on platforms like Facebook or Telegram is heavily skewed towards "noise". These platforms are absolutely rife with scams.

I have a solid experience in this. Back in the day, there was barely any place where people can buy/sell Bitcoin from Bangladesh. As a result, Facebook was the only source to do so. I was an admin in a Facebook group (cryptocurrency discussion). I used to get scam accusations almost every day. It was a surprise that people get scammed and again looked for deals on Facebook. There were different kinds of traps around which made face-to-face deals risky too.

Well, later I introduced escrow service there and it was running smoothly + generating good profits for me until Binance came up with their shit idea.

[o_e_l_e_o]

But if you do not mind then can you please elaborate more why did you said decentralization is not a synonym of Anonymity. What I am asking is I do know that decentralization is not a synonym of anonymity instead decentralization is the main factor that provide us anonymity. Or is it not?

Decentralization is a much broader concept. Bitcoin is decentralized, but you can use bitcoin with zero anonymity. This website is centralized, but you can still use it anonymously. Avoidance of centralized exchanges is certainly necessary to preserve your privacy, but decentralized exchanges don't automatically make you anonymous.

What I was trying to say in that post is, people do not really care about decentralization anymore because they already shared a lot of there information on the internet which could be used to track them easily

This is certainly true, but it's never too late to start reclaiming some of that privacy. It is entirely possible to anonymize your KYCed bitcoin, or even to sell it back and buy non-KYCed bitcoin elsewhere, and to keep that entirely separated from the private details you have revealed or leaked elsewhere.

[Faisal2202]

Decentralization is a much broader concept. Bitcoin is decentralized, but you can use bitcoin with zero anonymity. This website is centralized, but you can still use it anonymously. Avoidance of centralized exchanges is certainly necessary to preserve your privacy, but decentralized exchanges don't automatically make you anonymous.

This is certainly true, but it's never too late to start reclaiming some of that privacy. It is entirely possible to anonymize your KYCed bitcoin, or even to sell it back and buy non-KYCed bitcoin elsewhere, and to keep that entirely separated from the private details you have revealed or leaked elsewhere.

Got your point. TBH after giving my last reply to you I went to washroom and there Ideas come to me (hehe) and I then thought I should have mention that this forum which you called centralized but we could avoid them but I think you already have the idea (no need to go washroom hehe). Well, point is I already had some idea and after reading it from you my ideas become more rigid. And One thing i learnt here is Centralized = No Anonymity and also Decentralized also means Non = less anonymity.

[rachael9385]

Well it might be because the OP have seen some local gift card vendors thats why he's thinking that a local P2P transactions should be allowed, but he has forgotten to understand that a gift card is different from bitcoin, on Bitcoin any little mistake you make your coins will be lost for ever and you can't do anything about it to recover that is if you live in a country that does not accept bitcoin, even if you reports it to the police station they will definitely arrest the both of you for law valuation.
But if you live in a country whereby Bitcoin is legalized you can easily sell your coin with P2P transactions and if the buyer trys to cheat the seller or the seller try to cheat the buyer any of you can report the issues to the police to settle it peacefully.

[Z-tight]

But if you live in a country whereby Bitcoin is legalized you can easily sell your coin with P2P transactions and if the buyer trys to cheat the seller or the seller try to cheat the buyer any of you can report the issues to the police to settle it peacefully.

I don't know where you live, but you don't need the police to settle disputes in a p2p transaction, use a p2p exchange such as bisq for either your online p2p or f2f trades, in whichever trade you decide to go with, follow safety precautions for trading. Bisq will settle disputes between you and your trading partner if you both run into a misunderstanding that you can't settle on your own, though this doesn't happen often.

If you enter into p2p tx's with scammers you meet on social media like Telegram or in other platforms that are not secure in the hope of the police saving you, i'm sorry you are going to be scammed and the chances of winning a lottery twice a day will be higher than chances of recovering your funds.

[noorman0]

-snip-
But if you live in a country whereby Bitcoin is legalized you can easily sell your coin with P2P transactions and if the buyer trys to cheat the seller or the seller try to cheat the buyer any of you can report the issues to the police to settle it peacefully.

Expensive little mistakes are always there in any country even if they allow bitcoins. You should read about several cases on the scam accussations board where mistakes caused by weak research have not been able to be resolved through legal channels because the fees are more expensive. Or you can check any board about wrong sending address where bitcoins can't be recovered, even authorities can't do anything about it.

[rachael9385]

-snip-
But if you live in a country whereby Bitcoin is legalized you can easily sell your coin with P2P transactions and if the buyer trys to cheat the seller or the seller try to cheat the buyer any of you can report the issues to the police to settle it peacefully.

Expensive little mistakes are always there in any country even if they allow bitcoins. You should read about several cases on the scam accussations board where mistakes caused by weak research have not been able to be resolved through legal channels because the fees are more expensive. Or you can check any board about wrong sending address where bitcoins can't be recovered, even authorities can't do anything about it.

Yes I get your points mate but what am trying to say is that if the buyer or the seller is trying to cheat anybody among them selfs higher authorities can help solve the issue, now you can differentiate between mistakes and cheating, you are talking about the aspect of mistake while I am talking about cheating, on cheating you can get any higher authority to settle the issues while on Bitcoin transactions mistake like sending to a wrong address no body can settle such case and both the local P2P buyer and the seller will suffer for it because non of then will get any thing.

[o_e_l_e_o]

You shouldn't rely on your local police or other authority to recover your coins in the case of a peer to peer scam. They will almost certainly not be interested in the amounts you are dealing with, and even if they are, there will be nothing they can do if the scammer has taken even the most basic of precautions.

Rather, you should avoid being in a situation where you can be scammed in the first place. Perform your P2 trades only through reputable peer to peer exchanges such as Bisq or AgoraDesk which will place the relevant coins (+/- security deposits) in to escrow first.

[Makus]

Perform your P2 trades only through reputable peer to peer exchanges such as Bisq or AgoraDesk which will place the relevant coins (+/- security deposits) in to escrow first.

Well said mr o_e_l_e_o I don't think it is advise to conduct any business transaction using local p2p, even if the person is a close relation or a friend, as mistakes are inevitable and they may occur at any given time. but using a reputable exchange as you said will reduce the chances of being scammed or cheated in a business transaction.

[_act_]

While also using decentralized exchanges which is the best way for privacy, it is good to still follow the right procedure because scammers are everywhere. If you can follow the right thing to do on a decentralized exchange like not to release coins until you see the money on your bank account, and to check the coins directly on your bank account and make  sure your account has be successfully credited. If a vendor is not reputed, it is better to avoid the vendor.