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XmrLovingAncap
Thanks and sure, no Problem :)
I don't think it's so bad tbh. If you look at BTC/BCH they have 10min block time so if you wait for at least 1 confirmation you have around 3 XMR confirmations on average. But for bigger sums you most likely want at least to wait for a second or third which brings you close to or close above 20min. (For really small sums you can just accept 0-conf. Monero does NOT have RBF (replace by fee), so the other person can NOT betray you.) And that is only IF you get into the next block (which is a problem for BTC).
In reality, if you start using Monero, vast majority has more than a single output, so you can buy a few things in quick succession. Also you can just use Cake as a receiving wallet and then Monerujo as your spending wallet, which has the feature named Pocket Change (that makes sure you always have a bigger amount of outputs available). That's why I'd argue that the 10 block lock isn't really a big hindrance in reality.
The 'KYC' informations you need to provide are just necessary informations for the trade (like an address for cash by mail or your bank account for SEPA). Also those informations are stored locally and only revealed to your trading peer when needed. So no complaints there from me.
And unlicensed? What license do you expect? We're free humans that just exchange wealth in a voluntary trade. No license needed.
The process is not really complex, but you need to do it once to really grasp the concept. But it's pretty much self explanatory. Depending on your region Zelle/CashApp can be used, yes.
I agree. With the mobile app around the corner it's going to be even better. Haveno is basically Normie-ready xD
Even though it's more like Twitter I see pretty good discussions on Nostr. So maybe take a look at that? https://following.space/d/ygm6vtdp3arx?p=af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85
For me the link works, but the site looks a bit broken on mobile 🤔
If your trading partner changes any aspect from the trade you can get an arbitrator involved. That's why we have a security deposit. The arbitrator then decides if you are getting scammed by the other party in any way and if so you get (part of) their security deposit (and maybe your money back depending on what exactly happened).
Do not just blindly suck up any fees that weren't mentioned in the original trade.
Are you aware of p2pool (decentralized pool with 0% tax)? Also there is gupax.io for easy mining setup with p2pool. Oh and then there is gupaxx (notice the two x on the end). Might want to look into this :)
Just in case someone isn't aware of it yet:
Kewbit scammed the Monero Community so stay away from his stuff (haveno.com etc)!
If you're interested in the REAL haveno mobile version you should look at this here: https://github.com/atsamd21/Haveno-app