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RE: STEEM Decentralized Exchange - The Sky Is The Limit Now

in #smt7 years ago

We will soon need all exchanges to be decentralized as China (or another country) creates their legal tender and closes websites (what are now exchanges) that deal in BTC, ETH, DASH and other soon to be illegal coins.

We need a new exchange. The bitcoin of exchanges. One that has no owner, no location and can't be shut down. I think bitshares is close but way too complicated for adoption to take place. Though it has gone up a lot since regulation hit some asian country recently.

Needs to be
"Hey send me $50 in steem."
"What's your address?"
"@cryptoctopus."

"Did you get it?"
" Yeah, thanks."

Public, anonymous (as many accounts as you want), free (if possible).

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@sponge-bob,
Yeah I got your point! You mean exchanges build on top of the block chain technology! Yeah that's the most important thing also! We can't let stupid country regulations to ban exchanges! I mean exchanges, not ICO (it needs regulations)
One more thing, I want to buy STEEM via direct credit card payments! I hope STEEM dev team will think about it as well!

Cheers~

Via CC means Fiat to Crypto. That is where the governments have their noses always poking about because that is where we give them control. I am 100% off banks, debt, taxes, and outside the system.

Leave the fiat to coinbase and let crypto be exchanged for crypto.

@sponge-bob,
"Leave the fiat to coinbase and let crypto be exchanged for crypto."
Here problem again, until I write this comment we all are depend on fiat currency! We have very limited usage of CC! Yeah it will change, but I fear Fiat will be behind everything as it does!
Anyway, I respect your view and personally I need to see the same future as well!

Cheers~

Future. The dollar is dying and no longer necessary for oil purchases. Russia, China and any other major player out there are willing to play with new poker chips like Yuan and Gold.

The dollar will be done away with. (unless the US can get a war started)

The "New Dollar" will be crypto and all will be duped into using it (cuz they did such a nice job fupping duck the paper one).
Then exchanges will be allowed to trade only in "Legal" crypto like the YuanCoin, USDcoin, etc. (which will all be centralized).

Right now we need to educate people on what is a crypto, why we need our keys in our possession and why a centralized cyrpto is NOT crypto. A centralized block chain will need bail outs just like the banking system did.

  • We Need Out !

This is what is happening to the US dollar ^^

The petro dollar is indeed becoming unnecessary and it looks like especially China is starting to show its influence on the global market. However I do have my doubts that they will ever succeed making a centralized crypto successful, but we should keep our eyes open! Unless people are staying in oblivious ignorance...we're gonna have some great times ahead of us. With what the blockchain is able to provide for us the whole infrastructure is gonna change, exciting times :D!!

@sponge-bob,
Indeed "a centralized cyrpto is NOT crypto." I also fear for that! They are trying to faking people by saying "Hi, this is the crypto"! But we are still trapped and attached with fiat! Yeah it might change, but not a very easy thing to do! Anyway now we live in the era of crypto!

Cheers~

I agree about direct credit card purchases for STEEM ...

Bitshares does still sound like the best option by far. It's just like you said, it needs a more friendlier approach for its users. Maybe when EOS arrives it will do just this. BTS still remains my #1 by far, with all it stands for.

BTC is not an illegal coin, if you pay the government ... "License = corruption"

If you pay the government, in taxes you mean. But what about keeping the crypto not converting it back into fiat? Than they can't make you pay anything...
Crypto should be an investment for the future. Sadly it's currently still more of an exchange market to make a quick buck...

This will change soon, don't stay with anger in you heart or you will look like old :p
But yes i agree in the fact that we can scale more with the gouvernement than without at the moment.

Lol, I can get that vibe coming off from that comment, but there was no anger there at all xD Perhaps a little frustration though ;)
And this is not something the government has control of. They can't close a blockchain. Even if they make laws forbidding it, people can choose to disobey those laws.