Bitcoin Forum
December 12, 2017, 12:59:09 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: What the next step should be. My 2c.  (Read 1273 times)
Bad Uncle
Member
**
Offline Offline

Activity: 65


View Profile
February 07, 2015, 10:55:30 AM
 #21

Decentralization still doesn't solve the problem of not knowing whom you are dealing with. In fact, nothing can as far as I know.

Could you not make that argue about most markets? I think some sort of escrow or trusted third party will be used but they'll likely have a feedback system similar to ebay or the one here. Unfortunately there's always going to be weak links when you need to exchange something and trust someone but there are ways around it. It's just about finding the best solution.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513040349
Hero Member
*
Offline Offline

Posts: 1513040349

View Profile Personal Message (Offline)

Ignore
1513040349
Reply with quote  #2

1513040349
Report to moderator
udecker
Sr. Member
****
Offline Offline

Activity: 273


Crypterium - Digital Mobile Cryptobank For Everyon


View Profile
February 10, 2015, 02:11:31 AM
 #22

instruments like Tether will be a panacea and a Pandora's Box. A bank run in this case would not be cashing out for fiat, but abandoning fiat for Bitcoin.

This is our expectation as well.

Tether is a transitional instrument for people with motion sickness.

I’m going to quote you on that. :-)

Craig



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!