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Title: Is it not contradictory to decentralize banks and empower the exchanges Post by: unimercio on May 16, 2013, 02:20:48 PM Question:
Isn't it ironic that a P2P technology built, funded and fueled by technocrats allows a glaring single point of failure like Gox? Is it not contradictory to decentralize the banks and empower the exchange(s)? Our strength is our "peers". Without peer support we will fail. Until we bring the "P" back into the P2P we risk being sent back crawling to the central authority. It will happen unless we decentralize the exchanges. Solution? IMHO yes https://github.com/FellowTraveler/Open-Transactions/wiki Gox is a lesson, lets learn it and move on. We'll only get "x" number of bites at this apple before it poisons us. |