Post
Topic
Board Bitcoin Discussion
Re: When western countries introduce capital controls
by
687_2
on 27/04/2015, 20:20:53 UTC
We genuinely need a real trustless format to exchange any currency anywhere to bitcoin and make it untraceable.

This seems like a relevant place to share a link to our recently-announced plans for B&C Exchange. B&C will be a trustless, reputation-based decentralized exchange that is capable of trading native cryptoassets. It will be entirely controlled by users who own cryptoequity in the form of "BlockShares", which allow its holders to earn Bitcoin from the transaction fees paid on B&C Exchange.

The exchange will be using NuBits as a synthetic USD substitute for its trading pairs, thereby resolving one of the fundamental issues decentralized exchanges have, which is a lack of stable fiat tokens. NuBits have closely held a $1.00 US peg since September 2014.

We'd enjoy hearing everyone's thoughts on the B&C Exchange design document and proposal. B&C Exchange will be developed by the same group of developers that has guided Peercoin and NuBits development in the past.

I skimmed the thread, it seems like this is only a crypto exchange.

When people ask "how do I buy Bitcoin?" the answer needs to be: "download xyz application from abc website and then send money from your bank account via SEPA or ACH to the account that is presented to you. You'll receive your Bitcoin in a few minutes."