Post
Topic
Board Speculation
Re: Down, down, down, down, down
by
darkmule
on 11/03/2014, 19:46:25 UTC
The answer isn't "NO EXCHANGES", instead it's "MORE GOOD EXCHANGES".

I'd be interested in seeing at least one good exchange.  I suppose one is more than zero.

By that, I mean one run like an actual currency exchange.  I'd welcome an exchange run by people with actual experience running real currency exchanges.  So far, pretty much everything out there is amateur hour bullshit. 

I'd like to see an existing currency exchange with a proven track record pick up BTC, but the current lengthy spate of scandal after scandal and swindle after swindle is increasingly giving BTC a bad name.  A dangerously naive community like the BTC community, that would willingly put money into Gox as it was obviously floundering, is going to contribute to similar swindles in the future, as they don't seem to learn a damn thing.  The same idiots defending pirateat40's Ponzi scam were also attacking people pointing out Gox's obvious insolvency.  They'll probably be lining up to defend the next crook, while lining up to line his pockets.

In any event, it isn't exactly helping BTC's claim to be trying to provide an alternative to the corrupt banking system when most of its "institutions" are already as corrupt right out of the gate.

This isn't attacking BTC.  The protocol is rock solid.

It's the people that are fucked.