Replies to Msg. #1266812
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 Msg. #  Subject Posted by    Board    Date   
09929 Re: Predatory Sparrow
   >>> Monkeytrots: "Well, without an 'exchange', crypto is useless." >...
Zimbler0   GRITZ   19 Jun 2025
5:01 AM
09916 Re: Predatory Sparrow
   You really do miss the point, Fiz. Exchanges establish the value of e...
monkeytrots   GRITZ   19 Jun 2025
2:46 AM

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Re: Predatory Sparrow

By: Fiz in GRITZ
Thu, 19 Jun 25 2:33 AM
Msg. 09913 of 09959
(This msg. is a reply to 09908 by monkeytrots)
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Monkeytrots: "Well, without an 'exchange', crypto is useless."

No, it's not. It's fundamentally the same risk as if you bought or sold anything else for cash.

https://cointelegraph.com/news/how-to-buy-or-sell-bitcoin-without-using-a-centralized-crypto-exchange

Just so you don't get hung up on what is, and isn't an "exchange", read to the bottom: Offline PtoP exchanges.

Now, admittedly, I wouldn't want to be doing this with very large transactions -- but I wouldn't want to be doing super large cash transactions, either.