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Best exchange is IRC #bitcoin-otc with the gnupg web of trust. It's p2p, hard to shutdown, hard to fraud since logins don't rely on flimsy passwords so you know
by dobbsbob 13y ago
Best exchange is IRC #bitcoin-otc with the gnupg web of trust. It's p2p, hard to shutdown, hard to fraud since logins don't rely on flimsy passwords so you know you are not trading with an impersonator, escrow can be used and market decides what the price people are willing to exchange bitcoins for.
- sneak 13y ago> hard to fraud since logins don't rely on flimsy passwords so you know you are not trading with an impersonator It is not hard to defraud people on #bitcoin-otc. In many senses it's not an exchange at all, simply a discovery mechanism, as there is no settlement offered. It's just a lead-gen system.