A direct exchange.
In my mind, a coin becomes "real" when you can buy it directly with US cash or sell it directly for US cash.
I kind of agree..
I think there must be a synergy between FIAT and Crypto Coins.
Users need to be able to swap them back & forth easily.
I was talking to a guy who owns a major File Sharing site the other day.
And he told me had issues with bills.. his hoster he switched to a while back takes Bitcoin only.
Problem is he does not know much about Crypto stuff..
So, having to explain a TON of shit and send a guy to jump through lots of hoops for the money conversation is a bitch.
AND it NEEDS to be done.. a lot !
This comment so far sets up my main point..
ANON features and compliance.
Exchanges started collecting user ID why now ?
Guys on Localbitcoins were arrested by the FBI in a Florida parking lot people.
So uhh duh ?
We have a problem.. and it goes far beyond the perception of Bitcoin etc.
If violating anti-money laundering laws gets Crypto users arrested then we have a problem guys.
And you think tacking on ANON shit will assist in smoothing over this conflict between the authorities ?
I think not.. don't be stupid.
And why does this matter ?
The point i just made *IS* the god damn barrier to adoption.
Which is what i posted here already as to what "Feature" is needed"
Dark Market Fentanyl Silk road Monero Crack & AK47's Coin is not what we need.
We need the majority of the world to adopt a world digital currency.
We do not need or want to cater to a small minority who will all end up in jail eventually.
And yeah a fuckton of the DM users do in fact get arrested on a regular basis.
I don't like the idea of reg's.
I DO like the idea of real adoption and usage though.. and if FIAT law is the barrier then we gotta figure out a solution.
A compromise will have to be made.. we have to suck it up and realize the lofty ambition of full decentralization and freedom etc and just not doable.. yet.
In the mean time we got to make this work.
Kind of hard when you are in a parking lot in Florida with a Swat team pointing guns at you.