Altcoins Talks - Cryptocurrency Forum
Local => Indian Languages => Topic started by: Joseph Lee on May 13, 2024, 08:35:18 PM
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Got into a slightly heated discussion with co-workers yesterday and I thought I'd bring it here for thoughts and answers. We were talking abt deposit method which is most suitable for large amounts. For my best friend sitting next to me, its the good ol' fashioned bank transfer because according to him, its just easier. For another guy, funding crypto wallets (whether big or small amounts) should happen through credit or debit cards because that's best and we're all used to making use of these cards anyway.
For two of us at the table, peer-to-peer (P2P) transfers was the pick. Privacy is paramount and that's the major reason behind this choice since it eliminates banks and other 3rd parties.
Personally, I see no reason why a person who is into crypto for the sake of decentralisation in the first place, would want to use bank transfers. But that's just my take, I'd like to hear yours.
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Got into a slightly heated discussion with co-workers yesterday and I thought I'd bring it here for thoughts and answers. We were talking abt deposit method which is most suitable for large amounts. For my best friend sitting next to me, its the good ol' fashioned bank transfer because according to him, its just easier. For another guy, funding crypto wallets (whether big or small amounts) should happen through credit or debit cards because that's best and we're all used to making use of these cards anyway.
For two of us at the table, peer-to-peer (P2P) transfers was the pick. Privacy is paramount and that's the major reason behind this choice since it eliminates banks and other 3rd parties.
Personally, I see no reason why a person who is into crypto for the sake of decentralisation in the first place, would want to use bank transfers. But that's just my take, I'd like to hear yours.
P2P is the most aligned choice for many folks who value privacy and decentralization. Why involve traditional banks when crypto offers a way to bypass them?
i use P2P all the time, without worrying about banks and transactions that are exposed. P2P is so popular that exchanges themselves acknowledge it and I don't know if you heard but some exchanges even host events with the requirement of P2P. Recently Bitget announced an event in which you could get up to 1.2K BGB tokens by depositing thru P2P.
Now that's up to you and your friends, if he doesn't like the way of P2P since it's easier, then he goes the harder way anyway haha.