Have we learnt nothing? Do we need to be Goxxed again to realize that centralized exchanges are hugely vulnerable to hackers, governments, employee theft, fraud?
Every single centralized exchange has been hit. We need decentralized exchanges without custody of funds.
Thankfully this time around there are some up and running: https://bitsquare.io/ https://www.multisigna.com/ https://openbazaar.org/
They just need a bit more liquidity to make them really useful… and the people who would benefit most from this are precisely those that can act as market makers and give these exchanges the needed liquidity.
So large Bitcoin traders get together and start trying the decentralized alternatives!
submitted by /u/flix2
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