Sebastian Sonntag, the new CEO of LocalBitcoins, and Mika Impola, a software developer, delve into the recent changes at their peer-to-peer Bitcoin trading platform. They discuss the decision to end cash trades, citing minimal revenue and safety issues. The duo explains how user demographics are shifting, especially in regions like Venezuela, where Bitcoin serves as a financial lifeline. They also touch on their new compliance measures, the impact of regulations, and their goal to improve cryptocurrency accessibility globally.
