Quote:
Originally Posted by mayabong
Nothing new? Every other currency ever been tried had a central office that could be shut down. Bitcoin has no central location to be shut down. Even if they shut down every single exchange in the world, bitcoin would still be there. Exchanges are helpful but not absolutely necessary for bitcoin to thrive.
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1mdc had no central office it was an egold anon pool with added security measures....it got shut down years before e-gold...so did all the exchangers...
also, speaking from personal experience, the shutting down of established exchangers brings tons of shady rip off exchangers and business grinds to a halt...you must have a reliable way to cash out or it is nothing more than a like on facebook...