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> It's too easy to shut it out by putting pressure on banks not to open accounts for the companies running exchanges. That would have worked last year, but rig
by themusicgod1 13y ago
> It's too easy to shut it out by putting pressure on banks not to open accounts for the companies running exchanges.
That would have worked last year, but right now we have ripple(http://www.ripple.com http://www.ripple.com) up and running exchanges are no longer a point of failure. Ripple interprets exchanges getting shut down as network damage and routes around them efficiently. There's plenty of choke points left, but exchanges are not one of them. Price might take a hit but it'd bounce back when people realize that the solution is in their hands.