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I think a lot of people that are selling sats on Robosats, are actually buying them just moments earlier, on exchanges like Strike. I read something in a Robosats forum that implied that was the case.
How does that effect things? Privacy, security, etc?
I can't say for sure, but it's probably all on the lightning network, so privacy and security shouldn't be too bad. That's good for liquidity.
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That would explain stupid spreads.
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