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> This is true, but exchanges have become the de facto on/off ramp for cryptos. If I want to acquire bitcoin without mining, how am I going to do it other than
by darawk 8y ago
> This is true, but exchanges have become the de facto on/off ramp for cryptos. If I want to acquire bitcoin without mining, how am I going to do it other than buying from a centralized entity?
Sure, that's true. But once you own them, they're yours to do with as you please. You can also buy them from someone peer to peer if you really want to onramp in a 'decentralized' way.
- JumpCrisscross 8y ago> You can also buy them from someone peer to peer if you really want to onramp in a 'decentralized' way Now we're back to no advantage over cash or bartering.
- darawk 8y agoOnly for the onramp. I know that you know that, too. Why are you arguing disingenuously? You have a reasonable case to make, you don't need to stoop to that.
- funfunfunction 8y ago> You can also buy them from someone peer to peer if you really want to onramp in a 'decentralized' way. This makes it seem like you can onramp via an exchange and still maintain all the benefits of decentralization. If I don't onramp in a decentralized way then there will also be a centralized entity with tremendous power.
- darawk 8y agoWhat do you mean by that?