Its time we figured out a truly decentralized way to exchange btc for fiat. Title is not typo.
You don't like it, then do something about it. There is still plenty of room in the exchange market if you do things right.
Start with a clear understanding of the legalities of handling multiple currencies and transferring those around the world. This will require legal and accounting expertise.
Build up that a technically sound exchange platform. This will require programming and networking expertise.
Get the community to use your platform, people will gravitate toward the largest bitcoin exchange because it will have the best liquidity. This will require marketing expertise.
Thus if you can get a good legal, accounting, programming, networking, and marketing team together and build the ideal bitcoin exchange, then MtGox will shrink into the background and you will control the bitcoin marketplace.
