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No. This should never be an excuse for finding a better solution because people would not want to look for it and because it is extremely difficult to undo a re
by snitko 13y ago
No. This should never be an excuse for finding a better solution because people would not want to look for it and because it is extremely difficult to undo a regulation put in place. You're saying regulation would work better than an independent audit? How so? Show me the mechanism.
- ceejayoz 13y agoWho's going to pay for an independent audit without regulation requiring it? They're clearly not doing it on their own currently.
- snitko 13y agoI personally would be very much willing to pay for an audit of an exchange before I make the choice of which exchange to use. As many other Bitcoin traders. Who else do you think?
- tveita 13y agoIf I may ask, which exchange are you currently using, and what did your audit show?
- snitko 13y agoThere were no companies offering Bitcoin exchanges audit because the industry is very young. Expect those companies to appear (unless regulators start messing up with exchanges). If they don't appear, it means there's not enough demand. If there's no demand for audit and government is still trying to regulate the industry, it means they're wasting taxpayers money on something taxpayers don't want.