Post
Topic
Board Bitcoin Discussion
Re: Decentralized exchanges will never work
by
BitCoinNutJob
on 04/03/2015, 08:43:54 UTC
So, every now and then I see a post about the beauty of a decentralized exchange. Well here's the thing. You can't get USD on a Decentralized Exchange, adding new coins to trade will always be a headache, and since there won't be any censorship, scamming with new, random, 2 day old altcoins will be abundant, among other things

Decentralized Exchanges sound good in theory, but in practice it just isn't plausible.

Decentralized crypto only exchanges could work now though, agree it seems tricky with USD hopefully the ATM business will sort that so nobody has to deal with banks.