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Author Topic: Bitcoin - Scamming Nerds out of their Starbucks Wages  (Read 2922 times)
funkenstein
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January 26, 2015, 01:24:01 AM
 #41

BTC was somehow good as idea but the centralized exchanges are ruining the whole system.

All exchanges for every commodity traded on earth from equities to metals to public coins are centralized at the moment. 

"Give me control over a coin's checkpoints and I care not who mines its blocks."
http://vtscc.org  http://woodcoin.info
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mayax
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January 26, 2015, 10:42:54 AM
 #42

BTC was somehow good as idea but the centralized exchanges are ruining the whole system.

All exchanges for every commodity traded on earth from equities to metals to public coins are centralized at the moment. 


the BTC philosophy is based on other things, right? De-centralized services
funkenstein
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January 26, 2015, 01:20:31 PM
 #43

BTC was somehow good as idea but the centralized exchanges are ruining the whole system.

All exchanges for every commodity traded on earth from equities to metals to public coins are centralized at the moment. 


the BTC philosophy is based on other things, right? De-centralized services

The currency is decentralized.  The exchanges are not. 

I agree that decentralized exchanges will be a game changer, but they will only be possible using crypto-tokens and so will only be truly decentralized for exchanging already decentralized asset classes. 

Look into atomic transaction protocols, that is how they will work.  We are getting closer Wink   


"Give me control over a coin's checkpoints and I care not who mines its blocks."
http://vtscc.org  http://woodcoin.info
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January 26, 2015, 01:24:23 PM
 #44

mayax and noobie accounts zzzzZZZZZZ
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