Quote from: weisoq on January 26, 2014, 03:15:49 PM

Quote from: ThinkI on January 26, 2014, 01:25:44 PM

I think you comment about 2-way interest underestimates the advantage of something like locabitcoin. Using it anyone can create a local market if they wanted too. As long as there is some demand for the local currency conversion, there is a business opportunity for someone wanting to make a market.
We are all about creating demand for DevCoin, so LocalDevCoin should be a key piece of infrastructure. Or am I wrong?

ThinkI

I thought I was agreeing with you. Perhaps lost in translation but there are 2 different things being discussed.

One is a broad devcoin fund or bank or exchange that makes an unlimited market for devcoiners and supports prices. I don't think this would work because I don't think there's enough 2-way interest to make it anything but a central-bankish entity. I'm also not sure it's a good idea even if it could work because it would give earners too easy an out without natural buyers, and avoids addressing bigger questions of distribution that maybe make it seem necessary in the first place.

The other is just having more open, free-market, local exchange options for devcoin - be that work or bounties or fiat (like localbitcoin). This area is fundamental so it's not possible to underestimate it.

Thanks for the clarification

ThinkI