Damus
Samson Mow profile picture
Samson Mow
@Excellion
Silvergate going down and exchanges losing their banking doesn’t impact #Bitcoin . The collapse of fiat banking for exchanges will just mean buying/trading goes P2P.

Just like in China. There’s still a robust P2P trading ecosystem with exchanges gone.
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charliesurf · 164w
will this affect credit card purchases? my guess is exchanges can still create new partnerships with traditional banks depending on country
𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) · 164w
I’ll just Uber and do the deal in the car 😆
Gold · 164w
Wonder how this will effect new fomo market participants….
crayonsmell · 164w
seems like making it harder for ppl to exchange fiat for btc would impact the price negatively at least short term and prevent noobs from coming in altogether. doesnt sound great tbh
Orange is the new green · 164w
That works for all of us already orange pilled, not great for bringing in new people though
Michael R. Sullivan · 164w
Me watching it all burn down 🔥🔥🔥 http://4.bp.blogspot.com/-TvObTI5JYRM/UX7JHkGpcuI/AAAAAAAABxE/W28KZKlEzp0/s400/jack-nicholson-nodding-gif.gif
bitcoinpasada · 164w
Is this why Bitcoin dipped? A bank I literally never heard of before a few weeks ago and still know nothing about aside from it does some Bitcoin business (?) is having some issue? Okay then.
JMN · 164w
Just this past week I was reactivating my HODLHODL account. What a timing. The zaps here on Nostr inspired me to revive the P2P era
General “Khyperpunk” Khan · 164w
Going p2p has it’s issues as well in the land of the Dutch now. All bank txs above €100 are monitored which gives you letters from banks to explain who the sender of euros is to your bank, the purpose and that persons kyc data. Unless it’s face to face cash.. problem with banks still exsist i...
Justified Integrity · 164w
Silvergate, hmmm I wonder if it's anything like watergate. Who will it bring down.
j4n · 164w
P2P exchanges are the way. Unfortunately new users are sceptics.. Unboarding needs to be simple and fast. More tutorials from #[2]​ At the end of the day, it all relates to privacy. Even old bitcoiners in my network, with reasonable size, don’t care..
₿ruce Høpper · 164w
https://bisq.network/ https://learn.robosats.com/ We don't need those middlemen 🤙
Bitcoinharambe · 164w
#bitcoin will become the true bank now. Bitcoin is the only bank we need. Glad this happened!
TheBitcoinManual · 164w
P2P markets are great, just the fiat clearing side is such a ball ache