|
And the problem is banks want to control everything and it has been freely admitted on this very forum by Franck one of the weakest points of Bitcoin currently is that Mt Gox control 70 - 80% of trade volume.
So when they get attacked, bad news story anything really then the price drops.
Agreed, and I'm sure there will be some sort of drama with MT gox and banks in the future.
More person to person exchanges will start up. People started one in new york in the park a couple days ago. Of course it was only like 30 people but this kind of thing will grow especially if that is the only way to buy and sell.
2 years ago I couldn't find a person within 300 miles of me buying and selling bitcoins on craigslist, now I have a few 5 minutes away. This kind of stuff takes time and there will be bumps. I think there will be countries that embrace the idea, safe havens.
|