Re: Exchange options

I’m moving in the direction of making transactions automated only when
the customer buys coins with SMS payment provided by ZayPay. Pecunix
is the only reliable and practical enough e-currency that I’d store my
reserves in, but the exchange fees are quite high (about 5%).

When I’m buying coins, my recommended payment method would be IBAN
transfer. I could also say “contact us if you want to buy/sell with
any other payment option” and handle each order separately. I could
manually accept single orders with even PayPal, as long as I don’t
store my money there and the customer pays the fees.

Source: Published by Martti Malmi on GitHub in February 2024 as part of his testimony in the COPA v. Wright trial. The full correspondence archive is available at mmalmi.github.io/satoshi/.