Thread

Apple now knows your sats purchases. You are relying on a third party custodial wallet and Apple made 30% off the transaction (I think)

Change this if you want 2 years ago

↩ replying to mattaroo

Meh, still it’s none KYC 😏 The 30% isn’t the primal business model that’s just a greedy apple 💩 In any way I see it as a big thing for newcomers! Now they can buy a small amount of sats on their own in a few clicks and then once they figure out what’s up eventually they will try to find the other bitcoin exchanges with the lower fees.

mattaroo 🛡️ 2 years ago

↩ replying to Change this if you want

You did the KYC already, through Apple. I do get what you are saying though and I'm not into having to be right. I just believe deeply in the peer to peer intention of bitcoin and believe that is the beauty. Nothing else.

npub15a5y...0zj6 2 years ago

↩ replying to Change this if you want

Agree. Things start hard and high cost But as time goes things became easy and low cost. With you

npub1kcdc...swxu 2 years ago

Yes kyc!

sperry 🛡️ 2 years ago

Building. Every. Day. View quoted note → The Nostr is 🔥.

npub15a5y...0zj6 2 years ago

@miljan this looks mind-blowing. I am Android user of @primal We want this cool thing for Android. Thanks 👍

npub1klj9...t938 2 years ago

Kudos to Primal for contesting the dogmas and stirring shit. UX is great. But the pricing should be more transparent, and at least provide a tooltip/popup explaining the fees and asking for confirmation. This reminds me of the fraud money changers who happily provide tourists with the exchange, and the tourist only finds out hours later that he/she overpaid dozens of %. Primal could add there other cheaper/slower/noKYC referral options there and rather make revenue on those.