well, they had plenty of time already to acquire 'institutional' clients, since it is not because the website launches that they did not prepared upstream for important users to use the platform, even before any public launch.. anyway.
agree that interesting times lies ahead.
i get this feeling the rest of the financial world, as it obsessively misdirect people into 'blockchain technology' propaganda, is on the edge here and things are accelerating somehow as the end of the year approaches. will their status quo stand a couple more year? hard to say.
I was actually talking about the exchange itself. It takes time to accumulate volume and for the service to mature. I'm just hoping that there are no errors or bugs that would harm them so early. Besides, you have to remember the amount of time it takes to verify an account and transfer money to the exchange.agree that interesting times lies ahead.
i get this feeling the rest of the financial world, as it obsessively misdirect people into 'blockchain technology' propaganda, is on the edge here and things are accelerating somehow as the end of the year approaches. will their status quo stand a couple more year? hard to say.
It would be nice if the price went up even higher.
The absurd "Regulated Exchange" era of Bitcoin is nothing more than a millimetre thin geologic layer in the advance towards domination.
Bitcoin price will surge at some point, and neither regulations, institutions, governance or whatever other deluded mass-marketed socialist businesses will have anything to do with it, ever.
A decentralized exchange could do more for Bitcoin than a regulated exchange. I'd rather use a decentralized exchange and trust nobody with my Bitcoins than use some regulated exchange that requires KYC, fingerprint samples, blood samples, and an iris scan just to register. There are masses of people who don't trust the unregulated exchanges, but don't want to go through KYC to use fully regulated ones.
Can someone remind me, how is fiat dealt with on a decentralized exchange?