Ninjastic
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Re: Bitcoin-Central, first exchange licensed to operate as a bank. This is HUGE
by
evoorhees
on 08/12/2012, 03:13:57 UTC
Quote from: Monster Tent on December 07, 2012, 11:57:24 PM
Quote from: evoorhees on December 07, 2012, 04:41:16 PM
Quote from: Come-from-Beyond on December 07, 2012, 11:48:57 AM
Quote from: grondilu on December 07, 2012, 11:13:51 AM
I don't understand people who dismiss this news.

Half-measures == Half-reached goals.

To get anywhere, you have to get halfway there first. Unless you're a quantum particle I suppose Smiley

Do you really support bitcoin users getting bailed out by taxpayers if bitcoin-central fails in the marketplace ?

This is abhorrent.

What you are describing is an intrinsic problem with modern banking, not with Bitcoin. A Bitcoin exchange partnering with a bank in order to make Bitcoin more useful and convenient is no more a betrayal of ideology than for someone to trade one bitcoin for a fiat piece of paper. I'm sure you have traded some bitcoin for fiat at some point, yes? If so, may I ask, do you really support the global militant empires which are based on the fiat paper to which you just gave value?