20 sats \ 3 replies \ @ek 27 Oct 2023 \ parent \ on: How would you summarize the trade-offs of Coin Join? bitcoin
I use whirlpool with Sparrow to break KYC of my utxos. So this:
Breaks deterministic connection between UTXOs
Wonder how the pool fees compare to just buying on p2p markets with their higher rates. But I think whirlpool fees are cheaper. Depending on the pool of course, but so far, I traded time for fees, I think. Bigger pool means less utxos means less coinjoins required means less time. But higher entry fees.
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121 sats \ 1 reply \ @nout 27 Oct 2023
P2P markets are sometimes cheaper to buy BTC for fiat than regular exchanges. It's usually when you do the opposite of what the market does.
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21 sats \ 0 replies \ @ek 27 Oct 2023
Oh, interesting, then I need to take another look
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110 sats \ 0 replies \ @kristapsk 27 Oct 2023
In P2P markets you can often get better rates than centralized exchanges, even 5-10 %, if your time preference is low and you act as a market maker by providing liquidity.
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