[bisq-network/proposals] Reduce maximum trade size for unsigned payment accounts (#322)

m52go notifications at github.com
Mon Mar 22 04:01:53 CET 2021


If it's anything like last time, I believe trading was blocked altogether for certain high-volume payment methods, then trading for all new risky accounts was limited to 0.01 BTC indefinitely, and the whole time people were wondering just what the heck was going on.

Bisq trading activity is 2x - 4x what it was in those days. And its public profile is much higher...so the FUD would be that much worse. Also it's precisely these kinds of bad headlines that put projects [even higher] on regulator radars.

What it essentially sounds like you're saying is to just chance the goodwill and reputation Bisq has built over the past 5 years. I think that is highly irresponsible and unwise.

The correct thing to do, I think, is recognize this as a high near-term project priority, get serious about developing a better concept for payment account security, and implementing that concept ASAP. The wrong thing to do, I think, is to shoot down a preventive measure without a plan and just assume everything will be ok.

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