Author

Topic: decentralized exchanges: where do the dollars go? (Read 392 times)

legendary
Activity: 1020
Merit: 1000

Decentralized trading is not possible with fiat currencies (USD,GBP etc) as they themselves are fully centralised.


Have a look at my proposal of decentralized trading between alternate crypto-coins.

https://bitcointalksearch.org/topic/rfc-p2p-trading-of-crypto-coins-112222
newbie
Activity: 34
Merit: 0
One commenter here brings up a good point -- https://bitcointalksearch.org/topic/how-to-fix-the-exchanges-a-professional-view-174498.  In a model where an exchange operates in a decentralized manner, how does someone make a cash deposit?
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