How do Bitcoiners feel about accepting IOUs and Debt?

[misterbigg]

[DeathAndTaxes]

Protest self delete.  Noticed author is engaging in pointless censorship of other posts.  I won't add legitimacy to a non-discussion.

[maz]

It doesn't really interest me at all. I've been having a great time buying bitcoins and I havn't sent a penny to an exchange site yet. Localbitcoins all the way!

[misterbigg]

Ugh, deleted my own post by accident lol

There is a reason I keep 90%+ of my assets off exchange.  Still in general I would say if you don't control the private key you don't have a Bitcoin.  Period.

That is true and for those who are fortunate enough to be able to live without converting their bitcoins to fiat for whatever reason, they can do without the exchanges. But a huge part of the Bitcoin economy depends on the exchanges.

[Sukrim]

It doesn't really interest me at all. I've been having a great time buying bitcoins and I havn't sent a penny to an exchange site yet. Localbitcoins all the way!

Did you keep them in escrow there or always do face2face cash transactions? Even then (as these transactions are not atomic) you had a few seconds where one party had a virtual IOU outstanding to the other party, either in USD/EUR/otherfiat or BTC.

[misterbigg]

Protest self delete.  Noticed author is engaging in pointless censorship of other posts.  I won't add legitimacy to a non-discussion.

Sorry to hear that but from now on, I am enforcing the following policy:

1) All my threads will be self-moderated
2) Anyone who resorts to personal attacks, calling people shills, scammers, etc... I will place on ignore
3) Anyone on my ignore list will have their posts deleted from my moderated threads

Civil discussion is welcomed but the personal attacks and baseless accusations have to stop. The problem is that the volume of noise has become so overwhelming that it makes actual discussions impractical.