Hi All,
I rarely come on this forum, but I figured I should let you know about this. Apparently, this is the only place I could post. Tomorrow, We will be starting the first open outcry exchange for bitcoins. We are doing this in
Union Square Park, NYC at 4:00pm.
The reasons behind this are many, and I hope obvious. I hope this becomes a new model for bitcoin exchange, ending reliance on single points of failure, as well as lowering barriers to entry in to bitcoin and easing financial friction resulting in a much more efficient market. I think a distributed model is most in keeping with the bitcoin ethos (act locally/connect globally).
This project addresses some things which localbitcoins.com lacks, while also addressing some major issues with the electronic exchanges.
Feel free to comment on the subreddit as well:
http://www.reddit.com/r/Bitcoin/comments/1dry23/the_first_open_outcry_exchange_opening_in_nyc/If you are interested in the philosophy behind this project, please read:
http://blog.btcshares.comIf you are interested in the technology project that will facilitate this, please read:
https://github.com/joshuarossi/buttonwood/If you are interested in the actual exchange, or the people who will be attending, please read:
https://www.facebook.com/groups/BitcoinNYC/http://www.meetup.com/BitcoinNYC/
