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Add statement about "every BTC is fungible at Bisq" on the wiki #375
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I'm not even sure that this is a valid proposal, meaning that I don't see a relevant change on how Bisq works. From the wiki:
But as it's something that might be good to discuss, I find that all BTC at Bisq are valid BTC as long as they follow the Bitcoin protocol. I might have even stated something like that at Bisq's twitter Spanish account. @clearwater-trust It shows good manners to comment why you disagree on a proposal. I could disagree on this one as being not valid, but we cannot know why you dislike it. |
@clearwater-trust would you mind explaining your thumbs down? Everyone: the penalty thing, is not by any means a "punishment", but rather just a consequence of canceling a started trade, as the cancel "because of tainted utxo" is not recognized a valid reason. |
Thank you. I believe marking every bitcoin trade with a disclaimer about tainted, non-fungible, sanctioned, blacklisted, whitelisted, velvet utxo's on the transparent bitcoin blockchain is unnecessary and some kind of primordial spark (that Bisq should steer clear of)-- A TOS disclaimer nightmare of chain analysis back looking. ALL SALES FINAL. If they cancel the trade, they pay the fee. No additional details necessary. Traders that put faith in "chain analysis", utxo lists maintained and operated by the lizard people, are already excommunicated from our glorious religion. Prayers to the righteous. Endure to the end. We should proceed as if their list(s) have no value. |
I think that is not needed and just might add unwanted legal risk exposure. Also the "KYC is the illicit activity" statements is nice but might carry uncertain legal risks and it should be avoided to expose Bisq to such by adding it to any "official" resource. |
thank you for explaining, this is appreciated. |
"As a follow up to an event unfolded in the matrix chatrooms, and dealt with in mediation" What exactly was discussed? ' How often has that been raised in the last several years? |
a user complained the source for the security deposit of the btc they were buying, didn't pass their chainalysis test, as they didn't like the place that utxo came from, so they expected to cancel with no penalty. Canceling is always possible, but unless something in the rules has been violated by the counterparty, it will always come at a cost in the form of a penalty.
I know of just this case. So I think we will not need to add a section in the wiki, at least for now. |
Closing as not sure it meets requirements of proposal and there is some disagreement |
As a follow up to an event unfolded in the matrix chatrooms, and dealt with in mediation, we felt a good idea to officially state what has been true on Bisq since practically forever, that is, we don't discriminate between utxos, and every coin is fungible on our platform.
This is a mock-up of what I think could be added in a prominent (to be decided) place of the wiki, to both make a clear statement of what Bisq represents, and also to set the policy to follow if any case of "unwanted utxo" complaint arises in the future.
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