[2015-02-11] BitQuick Set to Raise OTC Trading Standards and 'Kill LocalBitcoins

[LiteCoinGuy]

BitQuick Set to Raise OTC Trading Standards and 'Kill LocalBitcoins'

As scams and money laundering scandals have been surging on the popular over-the-counter (OTC) Bitcoin trading platform LocalBitcoins, Ohio-based exchange BitQuick, is determined to set new standards within the OTC trading industry and introduces security measures aimed to "weed out the bad players."

http://cointelegraph.com/news/113463/bitquick-set-to-raise-to-otc-trading-standards-and-kill-localbitcoins

[Kprawn]

I do not know, how they would "kill" localBitcoins.

People will find other ways to trade with each other, if localBitcoins seize to exist. {Forums, twitter etc.... }

I am all for a easier or more secure and trustworthy method of doing this, but I doubt if any service will stop scammers.