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Topic: Would you be interested in starting a Local Independent Micro Exchange (LIME)? (Read 188 times)

jr. member
Activity: 126
Merit: 1
The Revolution Will Be Decentralized
Any person who uses Bitcoin and have some technical knowledge can start "LIME" at zero cost whatsoever.

Do you have a Git repo? I do exchange development and this reminds me of an idea I had a long time ago. So I'm very curious.
newbie
Activity: 14
Merit: 1
Any person who uses Bitcoin and have some technical knowledge can start "LIME" at zero cost whatsoever.
newbie
Activity: 14
Merit: 1
I have been doing it for past 2 years and you can do it too.

LIME is an exchange just for local non-technical people in your neighbourhood or community. For peoples who lack the knowledge about blockchain. This will save people from sending their personal and financial information to some offshore exchange with zero liability. Through LIME Non-technical people in your community can depend on you for a reliable source of liquidity. This will generate trust in the general public for bitcoin. You can build a good local user base and help bitcoin ecosystem. More awareness will lead to more acceptability. If the majority of people accepts it no government can reject it. Start local dream global.

There can be thousands of such LIME's operating in any country. This will distribute the probability to get hack. One big exchange will always become an easy target for hackers. Big exchanges can be seized by the government or owners can bail out. But the government can't arrest thousands of independent LIME's owners this will create an uproar. If a LIME cheats its community members and bailout it will not affect the whole system and cheated community members will at least know who cheated them rather than a web page saying "we have been hacked sorry."

There are lots of fiat currency exchanges other than traditional banks but why there is no such LIME's at tourist destinations. LIME is the only way to build trust for non-technical peoples.

Online P2P exchanges are good but also require technical know how.
A local p2p exchange is sometimes risky and also require technical knowledge to handle wallets.

Through LIME, I want to bring technical and non-technical peoples together. And this is my mission. If you need more details on how to start a LIME at zero cost whatsoever just PM me.

Me and 3 others have started LIME's for our communities you can too.
I have written a post on how my village farmers now invest in bitcoin its lengthy but you should read it to the end. https://bitcointalksearch.org/topic/an-introduction-to-our-lime-initiative-5098721


DISCORD server (LIME_talk) : https://discord.gg/892x9Mk
ICQ : 744936406
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