Doesn't everything sound too good about PeachBitcoin to be true?
No it doesn't.
I clearly said I don't like closed source code, and the fact that this is not available worldwide in countries outside Europe.
Have you, dkbit98, used this P2P mobile app yourself? Why do you consider "this is probably one of the best mobile P2P trading app"?
I didn't use it yet because there are currently no cash meetups in my region, but I will try testing it with PayPal and few other options soon.
It's the best P2P mobile app simply because there is nothing better available right now, it's like Bisq for mobile.
If this trading platform takes into account the interests of its users as much as possible, simplifying the exchange process, then how soon will regulators pay attention to this mobile app and tighten the use (or block it altogether)?
Nobody stopped Bitcoin, nobody stopped Bisq, and nobody stopped torrents, so it's not going to be easy to stop PeachBitcoin, but that is not my concern anyway.
It is difficult to trust them, especially since they do not have a web application. All the service is done by downloading a closed-source app, which makes me doubt the percentage of their trading volumes, or the inability to impose identity verification in the future, or at least sell user data.
Dude, it's P2P, you don't have to trust them, this is not centralized exchange and they can't sell data they don't have
I don't know what ''trading volume'' you are talking about... I will repeat... this is not centralized exchange.
