Quote from: MasterMined710 on October 11, 2016, 07:34:03 PM

Quote from: b4h4mu7 on October 11, 2016, 07:24:07 PM

Name one major vendor that requires compliance by a government to integrate a cryptocurrency.

pretty much all major vendors including coinbase, circle and most exchanges.
it's hard to name one that doesn't. btc-e?

All relics of the past that require centralized authority.

https://bitsquare.io

Quote from: toknormal on October 11, 2016, 07:40:34 PM

I think you've slightly misunderstood this statement. It eliminates the need for financial institutions participating in a bitcoin transaction. It doesn't eliminate the need for them anywhere else.

No, I think the context was not made clear enough. If vendors everywhere deal in crypto then there is no need to interact with a bank because everyone at that point would be their own bank, responsible for their own financial security.