Scarce City, a bitcoin-focused marketplace, has launched a marketplace that sells anything in exchange for bitcoin known as SatsCrap, per a release sent to Bitcoin Magazine.
SatsCrap allows users to list or purchase products with bitcoin and thus maintain user privacy. Anyone with a device connected to the internet can list or purchase a product with no Know Your Customer (KYC) data collected. The marketplace does not use logins, bank accounts or a registration process.
“We’re already seeing strong listing and buying activity among our alpha community,” said Chris Tramount, CEP (chief executive pleb) of SatsCrap parent company Scarce City. “Sending a small amount of bitcoin as collateral is meaningfully easier than creating an account and linking a bank account.”
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