Gox and the NYSE are not even remotely comparable.
Since Gox and other BTC fiat exchanges are this massive clusterfock...
Can someone please explain to me why BTC to gold/silver exchanges...
Are rare and have ridiculous markups...
Since that seems the obvious commodity to commodity way to trade...
And provide some liquidity to BTC.
how do we do this with Gold/Silver? How can we add liquidity to BTC through these markets?
For example, a BTC exchange...
That accepts only gold/silver as deposits to buy/trade BTC...
And all withdrawals are gold/silver.
As long as you could maintain some kind of balance...
You cut out the Fiat Banking System entirely...
So a bank cannot shut down an exchange...
Regulations for shipping precious metals in small amounts are not onerous.
Plus an exchange like this could have fat margins.
You would have to have Certfied Gemmologists be part of this...
To make sure fake all gold/silver is appraised by a Pro.
That's the way to go... commodity to commodity...
You could expand this into other liquid commodities.
YOU MUST BREAK THE GOX BOTTLENECK TO FREE BTC.