Post
Topic
Board Project Development
Re: [ANN] peatio.com the world's first 100 percent public owned bitcoin exchange
by
BTCLuke
on 22/06/2013, 02:35:15 UTC
AsicMiner and Google has a distinction, and peatio.com will be pretty different from both of them.

Mr. Li, we owe you a lot of thanks for your many efforts in China, so I hope you understand that I am not attacking your business when I say the following...

But no one wants another Exchange! We've got too many exchanges right now, and the problem with every last one of them is that if a government wanted to, it can land helicopters nearby and shut it down. Washington, Beijing, it really doesn't matter which... Some state will eventually be made by the banking cartel to do so.

So I don't see any point in "public ownership" and especially no point in an exchange being hosted on a website.

To make an exchange that cannot be shut down, you simply must follow BitTorrent's design of a SOFTWARE APP to host the exchange within.

Otherwise, what's the point?