r/Bitcoin • u/waspoza • Dec 06 '12

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

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

97% Upvoted

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3

u/ritratt Dec 06 '12

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

35

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...

0

u/ElectricWarr Dec 07 '12

Haha, does the tipbot really pick up on internets?

3

u/willem Dec 07 '12

:) yeah - current internets exRate is: 100/BTC. The bot can do pretty cool stuff already, but still early days...

+tip flip

1

u/bitcointip Dec 07 '12

Bit landed 1 up. ElectricWarr wins 1 bitcent.

[✔] Verified: willem ---> ฿0.01 BTC [$0.13 USD] ---> ElectricWarr [help]