[bisq-network/bisq] Bisq 2 social trading concept (Discussion #6011)

Conza notifications at github.com
Thu Mar 31 14:54:45 CEST 2022


- It is only for BTC to fiat.

Perfect. Anything else would be an insult to Satoshi. 

- BTC sellers need to have reputation earned by burned BSQ.
- After the trade the buyer is requested to provide feedback which will be publicly visible to others. That way others can see the number of past trades of a seller and the feedback score.

Think trades are mutually beneficial. Both should be able to rate eachother? Like uber drivers can rate passengers... shit one; eventually don't get any lifts. 

- Also the seller can/should leave feedback but its less relevant for the system

Incentive to drive folks to Bisq desktop? Or intro them in? If someone has a good trade intro; they may want to continue with that relationship in Bisq? via a bigger purchase?

The incentive for sellers - is they get someone coming into Bitcoin... likely as new future hodler... or with a KYC stack to convert... and seller could strike up a relationship that benefits them, driving down % rates per haps... on the hope that old mate new buyer wants a LOT MORE to come in the future....? 

- Liquidity indications? e.g. volume transacted in X market over Y period.

In terms of offers - way for multi-offer options? e.g. seller can receive multiple currencies, and buyer can buy in multiple...? 

Essence, is wanting to avoid no market offers/sellers in smaller currencies/regions/local bootstrapping being killed entirely... and we see the exact same shitty scenario were funds gravitate towards EUR for example (despite everyone not being in there).

The question is there enough 'staying power' in a local currency channel? Frequency may be far less in e.g. a Vietnamese market, but if I recently joined and can see an offer from a month ago; and if I could reach out to that person still - 'OH HEY, I see your old offer, still able to do that?" 

Then I think it would go a way to solving that local community / currency issue to an extent. 




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