The future of exchanges - death or glory?

[gentlemand]

What do you think will become of the current exchanges? Are they going to step up and become that much more robust or carry on wilting?

The biggest risk for all of them is that they spend untold millions on hiring staff and upgrading infrastructure only for the arse to fall out of the market and go silent again, at which point they have to fire everyone and crank everything down.

Do you think they're going to wait and see whether this attention continues or try and serve current demand and hope for the best?

[Blackfurysm]

Switching back and forth between fiat money and cryptocurrency will require a traditional point of exchange for the foreseeable future. But some technologists say an alternative model for trading cryptocurrencies that would give people more control over their wealth is possible. It’s meta: exchanges can be decentralized, they say, using a blockchain.