Post
Topic
Board Bitcoin Discussion
Re: [Open Discussion] Centralized Bitcoin Services at Mt. Gox
by
Jered Kenna (TradeHill)
on 06/03/2012, 21:37:04 UTC
Everyone agrees, it's finding a safe alternative that's hard.

Even a few major exchanges isn't ideal. We need a way to completely decentralize the exchange between fiat and Bitcoin but that is far easier said than done. People are working on it and I'm sure better solutions will come along. I'd personally like to see 100,000 people offering to trade it in person. Essentially anyone that uses it buying / selling on a spread. I think mobile clients will be key for this.


P.S. not a stab at Mt Gox. I think Mark himself will agree that centralization goes against the concept of Bitcoin.