Quote from: betyourbits on December 17, 2013, 02:44:48 AM

Quote from: JohnBlack on December 17, 2013, 02:23:21 AM

Quote from: betyourbits on December 17, 2013, 02:17:35 AM

Great point.. I think a decentralized exchange should be possible, I just don't know how the originating fiat will transfer between users without a bank though. We could mail it to each other using carrier pigeons

the idea is that the system would facilitate and increase standard transactions among individuals, so there would be no way to know that a bank transfer was made to buy bitcoins, something which is very easy to spot and regulate if the account holder is MtGox instead.

Ah okay, that makes sense. So we really just need a bittorrent like client application to facilitate p2p trading of bitcoin with wire transfers.

The "tone" of your post suggests you are being sarcastic and such a thing exists already.
Am I misunderstanding? If not, what is it called?