that is the big dumb. there are a lot of better options for networks when interacting with USDT like ethereum rollups, polygon, solana, even the liquid sidechain is nice and cheap to send USDT. it is very easy to get any kind of money on these networks and change it to USDT. a lot of liquidity can be accessed this way. but if I’m stuck with just ethereum mainnet and tron, it’s more expensive for me to get USDT and send it over.

does it really matter if I send USDT on ethereum L1 or tron? can’t I just get written approval from my counterparty to use any other network for USDT? they can all be verified by an arbitrator if the need arises. it shouldn’t matter.

there may be support for L2 networks soonish. the best you can hope for is a L2 copypaste of some other smart contract network at some point in the far future if anyone even cares enough.

reminds me of when bitcoin people used to say “nobody ever got prosecuted via blockchain analysis” and they wouldn’t stop saying that until it happened. they sometimes learn through experience but that’s about it.

I am actually going to end up using bisq2 to buy bitcoin via a reputation-based interaction, turn it into some monero on probably bisq1, and then use the monero to start interacting with haveno. it’s way too many steps and fees but it saves me from ever doing any KYC.

a reputation-based trade should still happen inside the DEX. that way the trade can contribute to the seller’s reputation score. bypassing it with a simplex contact would not let the DEX see that a trade actually happened.

when we try to build our own financial system this makes certain kinds of ordinary people really mad for a lot of dumb reasons. they haven’t been told that they are allowed to think it’s cool yet