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60 sats \ 0 replies \ @leo 18 Aug \ on: Poll 331: If exchanges were to price ‘clean’ vs ‘tainted’ BTC, what’s your move? bitcoin
Are KYC coins really expected to be more valuable in such a situation? That's the only way I could see separate markets with separate prices emerging. How much could the difference be? Anything more than few bips would be easy to arbitrage.
When I say Lightning payment processor, I mean any kind of service or program that helps you generate an invoice on your or their Lightning node and check whether this is paid.
The most common payment processor in Vancouver is Coinos, which also acts as a custodial wallet. There is also IBEX and Eukapay. Very common elsewhere is the PoS functionalities of Wallet of Satoshi. I also like BTCPay, LNbits, Bitcoin Suisse, and there are countless others.
A good example is the LNbits TPoS. Feel free to open it on your device, generate an invoice over 1 cent and pay it from any wallet. You can then verify on your device that the invoice is paid because a green tick appears on the screen, but I hold the keys to my node.
Almost all payment processors have this feature, but the merchants don't want to get a dedicated device (e.g. tablet) to run it, and they don't want to teach their staff to use it.
The mayor is spiritually on board, but the city has very little influence on this.
I like Fastmail. Unlimited domains, aliases, but based in Australia. They used to take Bitcoin and I'm trying to bully them to re-enable it.
As I understand Bitcoin is relatively restricted in Mainland China, but it's also not illegal. How are people using Bitcoin there these days, and how do you stay up to date with news from China?
I do very much wonder about the rates at ATMs, those are absolutely insane and I suspect it's primarily scam/extortion victims using them.
But 4% isn't insanely high for a tourist if you imagine that my old bank would charge me 3% for a foreign currency transaction, or at least 2% for an ATM withdrawal. There are some businesses that will give me a 5% discount on using cash over card, so it could be worth it for me to buy cash at a 4% fee over a prepaid debit card at 0%.