Author

Topic: Direct peer-to-peer bitcoin transaction in the future (Read 216 times)

sr. member
Activity: 652
Merit: 257
Define peer to peer. Bitcoin is already capable of peer to peer exchanges across people from around the world. And the all operate within the same value and economic system of Bitcoins aka Satoshi.
hero member
Activity: 1470
Merit: 655
you don't need to use "currency exchanges" to obtain bitcoin. you can still do everything peer-to-peer. you just have to find other peers.
there are places you can find them, like using localbitcoins or even this forum's currency exchange board.

as for transactions as other comment said, when you are making a transaction you are making a peer-to-peer one by sending your transaction to the network of all these peers (bitcoin nodes) that are connected together.
legendary
Activity: 1512
Merit: 1009
Direct peer-to-peer transactions already exist, that's the basis of Bitcoin. Unless you have mining hardware, you'll always have to use fiat to get Bitcoins, so bypassing currency exchanges will be hard for most.
full member
Activity: 420
Merit: 103
Do you see the possibility of direct peer-to-peer transaction in the future? Are there any limitations or hindrances that will oppose the possibility of transacting by bypassing currency exchanges?

I was wondering if any of you have experienced exchanging bitcoins with you peers, families or relatives and how open they are with it.
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