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by newguy1234
2365 days ago
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Check out open bazaar. It is a decentralized p2p market place similar to ebay. Even has a decentralized escrow system with moderators that get paid to resolve disputes. Best part of it is that there are no fees at all to buy/sell stuff other than the cryptocurrency transfer fees. You also pay a fee if there is an issue with the product you bought/sold etc. Not much people using it though. Seems like best selling items are gift cards. |
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So either this is a way for crypto to be "used" for purchases at popular stores, or it's being used for money laundering. (those gift cards are easily sold on eBay and other marketplaces for fiat; this is how you'd take payment in mostly untraceable crypto and cash out without having to subject yourself to exchange KYC/AML)