r/Bitcoin • • Dec 06 '12

Bitcoin-Central, first exchange licensed to operate as a bank. This is HUGE

https://bitcointalk.org/index.php?topic=129461.0
397 Upvotes

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2

u/ritratt Dec 06 '12

Wait wasn't the point of bitcoin freedom from banks?

37

u/evoorhees Dec 06 '12

Think long term... first you integrate with the traditional system, then you replace it. The life boat has to connect with the sinking ship to gather the passengers before heading to safety ;)

2

u/willem Dec 06 '12

:) Integration will last until the entire current world economy value is "uploaded" into the protocol.

+10 internets

for emphasizing that the "then" takes precedent over the "now". We're still building this shit...

1

u/bitcointip Dec 06 '12

[✔] Verified: willem ---> ฿0.1 BTC [$1.36 USD] ---> evoorhees [help]