multiple buttercoin exchanges

[schutz]

Let’s assume a Buttercoin (BC) exchange is deployed in every country across the globe, as envisaged by the BC powers that be. What’s the advantage/disadvantage of the proliferation of exchanges?

[1713516900]

1713516900

[marcovaldo]

What is BC in the first place?
A coin to buy butter?

[greyhawk]

Buttcoin?

[favdesu]

IIRC Buttercoin is a google project. Could be very big, startpage.com it

[Sage]

So long as there is a universal order book, the more exchanges the more robust the system.

This is something we desperately need deployed now!

[marcovaldo]

ButterCoin is not a coin but an exchanger?

[mitts.daki]

ButterCoin is not a coin but an exchanger?

Yes Buttercoin is not a coin but it is group of exchanges

[marcovaldo]

ButterCoin is not a coin but an exchanger?

Yes Buttercoin is not a coin but it is group of exchanges

I did not find a lot of info about it.
Is it a Google product?

[mitts.daki]

It's startup in Palo Alto, Backed by Google Ventures

check them out www.buttercoin.com

[C. Bergmann]

No, its no google-product, but google ventures invested in it (like they did in ripple). Use google to get informed

http://techcrunch.com/2013/08/20/buttercoin/
http://www.crunchbase.com/company/buttercoin
http://www.paymentssource.com/news/buttercoin-takes-a-different-path-to-handling-virtual-currency-3015366-1.html

or use the search-function of the forum. You'll find some information

[fluxium]

Just reading through the project goals. https://buttercoin.hackpad.com/FAQ-QTRSMzlkLD6 It is very ambitious. Can anyone comment on what it would take (aside from the investments already mentioned) make make something like this take off?

[mitts.daki]

right now they are trying to build exchanges in different countries,

Abiding to different country rules & regulation is only thing

anyways I am working on a project called Laxmicoin read more about it

https://bitcointalk.org/index.php?topic=287485.0

[scarsbergholden]

Lots of $ pouring into this venture, but such a HORRIBLE name!  

[mitts.daki]

Whats horrible about the name?   .. to me it seems nice name

[Singlebyte]

Lots of $ pouring into this venture, but such a HORRIBLE name!  

For those not aware of buttercoin, here is a link.

http://buttercoin.net/

This has the potential to be BIG.  As mentioned earlier, Google ventures is investing in them.  I suggest people read up about their potential.  One other note, buttercoin is just their project name.  They have not yet come up with their official name yet.  More info can be found on their FAQ.

https://buttercoin.hackpad.com/FAQ-QTRSMzlkLD6


LetsTalkBitcoins podcast also did an interview with buttercoin CEO a few episodes back.

http://letstalkbitcoin.com/e34-bitcoin-and-the-butters/#.Ui9xERG9KSM

[Singlebyte]

It is an open source project, not commercial.  I am unaware if you could financial gain from it.  Possibly if you open a node in your local area.  Its meant to benefit the community.

[mb2014]

good arb opportunity, yes?

how so?