RE: Why I won’t be compromising with Justin Sun

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Why I won’t be compromising with Justin Sun

in steem •  5 years ago 

What about exchange listings?

@blocktrades, sorry for the noob question, but why must we be required to use only exchanges? Why can't we buy directly from users or some other intermediary for cash? Aren't cryptocurrencies considered commodities? As a very small investor, I might be interested in purchasing some liquid #honey for cash. I do not have accounts on any exchange. Is there not some entity that can bring someone with honey to sell and me together?

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You can always make trades with other people directly. I don't know of any listing site that matches up buyers/sellers though.

Do you see any issues with the creation of such a site?

It depends on where you're at I think. A similar site for bitcoin in the US called localbitcoins, has been under some pressure from government regulators I think. But I don't know exactly what they do. A simple site where people can post info about offers is probably not a problem. But I haven't really looked into it much.

Also, will your service offer a Steem to Hive/Honey conversion service after the fork?