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Author Topic: The Wild West - Part 1  (Read 420 times)
MarkLyford
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May 13, 2013, 05:28:43 PM
 #1

As some one relativley new to this whole game it strikes me that the big thing missing with the whole business side of Crypto Curreny is legitimacy of companies / services involved. It's like the wild west here (reminds me of the old days of the porn biz in 1997) no one know who to trust and know one know who is real. If as an industry this can start happening as soon as possible it will be in the best interests of everyone involved.

A thing as embryonic as this is bound to attract the scammers and the anonymous side of things doesn't help , but as things continue to develop and grow the scammers will find it harder to operate as word of mouth is the biggest detector of BS and scam.

Just my two thoughts here on the newbie section Smiley

Mark
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BitshireHashaway
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May 13, 2013, 06:08:49 PM
 #2

I agree with what your saying. I think people should work in order to try and associate more legiminate business's and such with this. I think this is just because it is new and slowly growing.
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May 13, 2013, 06:56:34 PM
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Things seem like they're changing for the better now that the latest bubble popped. Companies like BitPay and Coinbase are improving themselves and the Bitcoin community as a hole.
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