[bisq-network/proposals] Use Keybase to increase accessibility to Bisq for new traders with no funds for security deposit, trading and mining fees (#283)

[pazza]

Hi @MwithM thanks for all your feedback much appreciated.

> My main concern is that if Bisq will be considered a money transmitter.

Can you let me know more about this concern?

>I don't want to link so easily my avatar to my real name is what makes me think that that this initiative Should be open for anyone through BSQ bonds. 

Yes, I appreciate this concern. However you would be able to choose which trades to take and the instant payment options do not require full name just user ID and or email (which does not have to be an identifiable one). You could also if you wish set up a payment method for this sort of trading eg a Business Revolut account with the username AcmeCorp. 

>Not placing a deposit makes data mining free.

Yes, but it is free anyway if you are happy to swap fiat for BTC. Deposit would not be a barrier to anyone serious about data mining.


> Sellers could be required to lock 0.05 BTC in BSQ at the DAO to get into Keybase channel. A seller could not take more than 1 order per day and messages should be destroyed every 48h. That way a seller won't be selling more BTC than bonded BSQ.

I agree with the 0.05 BTC in BSQ. That seems reasonable. No need to limit orders. If there are a couple of buyers from Canada and only one person online with Interac e-Transfer let them trade. If seller's selling more than the BSQ amount was a problem then the BSQ amount should be lifted.

> About dispute resolution, @bisq-network/mediators should do their usual work but out of Bisq just like they would do if chat doesn't work, to provide some proof for the DAO to vote.

I disagree, these trades should occur outside of mediation. No trade fees are involved. They are for small amounts. The channel can be moderated. I think it should be kept simple. Less work for the DAO.





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