what happens if our right to p2p is seriously prevented?

[Zlantann]

Just to make it clear, governments are not interested in shutting down the p2p platforms and exchanges but what they really want is access to every transaction about the users who registered their and all their KYC, and any other possible details just to track them better this force the p2p to go out of business.

Since exchanges already got their own p2p sections, so why go through all this on multiple platforms?

But bitcoin is bitcoin, anyone who wants to accept bitcoin can do it and they don't need permission for anyone to do it and they will have issues only when they need to convert into fiat.

I agree with your view.  Before now most exchanges didn't require Bitcoin. But the government began to change rules which began to make it hard to use any platform without giving out your information. Before a normal national identity number was enough. Now they ask for facial recognition, bank statements, and even proof of residence. More stringent laws are still enacted by the government to control centralized platforms.

The decentralized nature of Bitcoin has made it possible to bypass government restrictions. Even if these platforms are closed, which is highly unlikely, there will still be means to buy and sell Bitcoin.

[Doan9269]

The only way that can make our right to be prevented from using P2P network is when we go through a centralized exchange and perform our P2P, because in so doing, we are exposing ourselves and releasing our information to that platform we make use of, this is where the best and most ideal way or method to engage on P2P is by using a decentralized exchange and not a centralized one, but I still don't understand why most people concentrate more on using a centralized platform for their p2p when it is not meant to be so generically.

[Findingnemo]

~
The decentralized nature of Bitcoin has made it possible to bypass government restrictions. Even if these platforms are closed, which is highly unlikely, there will still be means to buy and sell Bitcoin.

There is no denial in that. But how many people choose privacy over the regulated platforms, I bet it won't even be like 10% of total traders.

That is why we see mere volume on decentralized p2p like bisq while there is billions on centralized exchanges, there is a price to pay for that no KYC and the fact is not everyone is willing to pay that price.

[Wapfika]

The only way that can make our right to be prevented from using P2P network is when we go through a centralized exchange and perform our P2P, because in so doing, we are exposing ourselves and releasing our information to that platform we make use of, this is where the best and most ideal way or method to engage on P2P is by using a decentralized exchange and not a centralized one, but I still don't understand why most people concentrate more on using a centralized platform for their p2p when it is not meant to be so generically.

Exactly, Many assumed that P2P can only be done through centralized platform while there’s a lot of P2P platform that offers decentralized service.

Even a direct transaction using the forum can be use as way to dodge the government restrictions on centralized platform for P2P transactions.

Government can only control centralized platforms but not the ability to do P2P transactions.

[kazilunex]

Just to make it clear, governments are not interested in shutting down the p2p platforms and exchanges but what they really want is access to every transaction about the users who registered their and all their KYC, and any other possible details just to track them better this force the p2p to go out of business.

Since exchanges already got their own p2p sections, so why go through all this on multiple platforms?

But bitcoin is bitcoin, anyone who wants to accept bitcoin can do it and they don't need permission for anyone to do it and they will have issues only when they need to convert into fiat.

You've got a good point there. Governments are not really trying to stop bitcoin itself, but they do want visibility and control, especially when it comes to KYC and tracking transactions. That's why pressure usually falls on exchanges and platforms, not the network.

If p2p gets restricted, it doesn't stop bitcoin, people can still send directly wallet to wallet and no permission is needed to receive or send.

The main challenge shows up when converting to fiat, since that's where regulation is strongest. So even if platforms get limited, bitcoin itself still works. It just pushes people to use it more directly instead of relying on services.

[rodskee]

i fail to think of ways that governments can block every single method of p2p transactions whether digital or not. before all the banks and third party intermediaries came, everyone only transacted through each other. unless the government monitor every single one of us 24/7 it’s not possible imo.

[hd49728]

Exactly, Many assumed that P2P can only be done through centralized platform while there’s a lot of P2P platform that offers decentralized service.

Even a direct transaction using the forum can be use as way to dodge the government restrictions on centralized platform for P2P transactions.

Government can only control centralized platforms but not the ability to do P2P transactions.

P2P means Peer to Peer, as it names is and it means decentralized but over time, there are business companies with their P2P products for people to use. These companies are like Escrow providers for both Peers in the trade but their engagement in the trade means the trade is no longer P2P.

You can compares not actual decentralized P2P platforms with Decentralized Exchanges created and operated by Centralized Exchanges. These platforms only have P2P, DEX in names or company service description while their products are neither actually P2P or Decentralized.

People need to have proper knowledge, not inaccurate one, then they will have more motivation to choose right platforms for their priorities like privacy, and security to use. When people have all these things rightly, they will practice rightly and stay away from bad platforms with misleading promises.

[vanesha]

So far, my country is still quite lenient with P2P exchange users. They have their own regulatory body. They monitor P2P from there. There's no prevention, but it's worth remaining vigilant. In some of your replies, I agree with the person who said there would be a lot of fraud if transactions were conducted directly on Telegram. However, that's the most reasonable option if P2P is successfully eliminated. I'm just curious about the current situation in your country with P2P.

[Findingnemo]

~
You've got a good point there. Governments are not really trying to stop bitcoin itself, but they do want visibility and control, especially when it comes to KYC and tracking transactions. That's why pressure usually falls on exchanges and platforms, not the network.

If p2p gets restricted, it doesn't stop bitcoin, people can still send directly wallet to wallet and no permission is needed to receive or send.

The main challenge shows up when converting to fiat, since that's where regulation is strongest. So even if platforms get limited, bitcoin itself still works. It just pushes people to use it more directly instead of relying on services.

Governments wanted Bitcoin out of the picture, but they realized it is not a realistic thing to do.



So they moved the other ways like discouraging people to use bitcoin with heavy taxation, and that is why they have this kind of censorship and for that they need access to all the transaction history about all their users.

[ZAINmalik75]

Eventually all government will not just agree to same thing. You have heard of the phrase, one man's food is another ones poison. Where one government stops is where the other would start. P2P is a crypto friendly service, I dont see how it harms anyone.

P2P is a friendly service, but only if the fiat they are sending is not fraudulent. There have been many cases reported showing how these P2P merchants, even verified ones on centralized exchanges, are collaborating with corrupt people in authorities to deal with users, and after that they open legal cases and demand money. I have even seen many P2P traders with negative feedback where people have given them negative feedback because they were threatening them and asking for money, otherwise they would threaten legal cases.

I also like the example given to you by hd49728, it says it all. Government cannot completely eliminate such services. They can put certain laws but people would still manage to bypass them..

We can bypass them, but the banks we are using are theirs. They will ask for documents and reasons, and will ask questions like where this money came from, what the source is, how you earned it, etc. And if they want, they can seize it until they are sure that the money is legitimate. So this is how they can control you.