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LocalBitcoin closure

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by COINS NEWS 33 Views

Hey community,

With LocalBitcoins closing down, it got me thinking about the challenges and potential of peer-to-peer (P2P) crypto exchanges. I once toyed with creating a similar platform but hit roadblocks like trader authenticity, legal hurdles, and the viability of face-to-face (F2F) trades.

Is there still a place for face-to-face cryptocurrency transactions in today’s digital age?

How can a platform balance the need for user privacy and security while adhering to increasingly stringent regulatory requirements?

What lessons can we learn from LocalBitcoins’ journey for future crypto exchanges?

submitted by /u/Zweckbestimmung
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