Post
Topic
Board Bitcoin Discussion
Re: IS everyone insane?
by
Sage
on 25/02/2014, 10:59:21 UTC

LOL,had they researched BEFORE they dropped money/BTC into Gox,maybe Gox would've been gone already!!!


I feel NO sympathy for anyone who kept dealing with GOX,they were inept to the extreme........ Angry

This is fine in Libertarian utopia land, but realize that Bitcoin will never in a million years be widely adopted by the public if everybody needs to do an in-depth investigation of a financial service before buying some BTC. If we all just want to hoard our Bitcoins amongst ourselves and imagine we`re rich then cool, let`s keep it real. When people get screwed it`s their fault.

Just know there`s that trade-off and Bitcoin will always be fringe.

The problems is 3rd party trust.

A decentralized exchange in the style that Bitshares is planning will solve this.

No more Gox.  No more need to trust anyone.