[bisq-network/proposals] Proposal to increase trade deposit to 30% (#233)
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Fri Jun 26 15:00:10 UTC 2020
Regarding only the topic of this proposal:
It's not the first time that a security measure is put in place for everything, even payment methods or currencies that have never had an issue.
If instant payment methods never have a problem with "future trades" then any increase in the security deposit should not affect them.
I would like to recall a concept we use to have in the past and has now been almost forgotten: the **demo experience**. For small trades (0.01 BTC) or trades in markets with zero activity we should have fewer hurdles and as little friction as possible.
What is the point of having a 15% security deposit for ARS/BTC when there hasn't been a trade in that market in 9 months? Why would you need a 30% compulsary security deposit for GBP/BTC via UK Faster Payments if there has never been fraud in that market?
If there is one area in which Bisq is still awful compared to anything we might consider competition it's the onboarding experience and first trades ever for a new user.
Please let us have some broken down data so that we only increase security where needed.
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