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

[Conza]

Fair point about escalating to 5 BTC etc.
Key would be providing guidance, warnings etc. Best practices. Also a possible test of traders, sure.
Auto message after transaction maybe, removing from intro trade channel?

Checking in to see who is in there, if they've been onboarded? Guided to normal channels etc afterwards
________________________________
From: pazza <notifications at github.com>
Sent: Saturday, January 2, 2021 1:27:10 PM
To: bisq-network/proposals <proposals at noreply.github.com>
Cc: Conza <conza_ at hotmail.com>; Comment <comment at noreply.github.com>
Subject: Re: [bisq-network/proposals] Use Keybase to increase accessibility to Bisq for new traders with no funds for security deposit, trading and mining fees (#283)


Folks aren't dumb. Putting through massive first buy e.g. several thousand ain't going to happen Vs doing what they can in small amounts. And if someone wants to do that, fine, just be clear we risks and purpose of channel etc. Warnings I guess.

I think some people are too trusting. The biggest risk I see is that someone comes along and makes a small trade. All goes well. then they send a private message asking to do another trader. Before you know if they are doing trades for 5 BTC via Keybase based on trust alone.

If this were to happen it would get messy!!!

That is why my proposal included the following to reduce this happening:

  *   Policy set up for traders to adhere to to keep trades limited to the scope of the interactions that come from the # buy bitcoin channel. It would be easy to set up an 'mystery shopper' account to see if this was being adhered to. Traders violating the rules would be removed and risk the burning of their bond.

It would be easy to set up an account as a new user and see what traders were following protocol. Any that were not would risk losing bond.

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