[2016-12-14] How to Build Your Own Bitcoin Exchange

[Jgilpulg]

Bitcoin exchanges play a vital role in promoting the cryptocurrency by facilitating its use. Most bitcoin users perform their transactions through an exchange. However, bitcoin is not yet mainstream. So far, only a narrow segment of the population, mainly innovators, technology enthusiasts, and visionaries, have adopted bitcoin. Expanding the number of exchanges would help overcome resistance to the cryptocurrency’s adoption by increasing its visibility.

https://news.bitcoin.com/build-exchange-bitcoin-adoption/

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[TraderTimm]

The easy part is building an exchange.

The "last mile" problem of interfacing with the legacy shit-hole known as "the banking system" is what kills you.

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This is what kills me about Bitcoin adoption overall. Much more progress could be made if people simply could make the leap of settling things in BTC without converting to currency. But no, we're wasting a phenomenal amount of energy and time trying to "work" with a system that deserves to be replaced.

Wake me up when you can actually stay within the Bitcoin ecosystem and not touch a conventional Bank, kthx.