Bitcoin exchanges.

[Brenda Fernández]

Either find a local broker (cash for bitcoin) or learn to use the wot (
https://bitcoin-otc.com/
http://www.btcalpha.com/blog/2015/explore-the-web-of-trust/). Everything
else is generally a scam, at least in the sense that you'll be giving your
ass to a unknown number of agents, even if you don't get robbed right away.

Circle, Bitpay, Xapo, GoCoin etc etc etc can't be trusted. They deal in
fiat, have to submit to governments, to banks, to many parties whose
interests aren't your best. And that assuming they will not run away with
the coins, which shouldn't be unexpected, considering for instance that
gold has been confiscated by governments before.


On Wed, Jul 15, 2015 at 8:57 AM, Mirimir <mirimir at riseup.net> wrote:

> On 07/15/2015 04:37 AM, odinn wrote:
>
> <SNIP>
>
> > Re. your "untraceable" remarks, bitcoin is not untraceable. It's
> > basically transparent.  There are a few things that have been added
> > recently to enhance privacy, but sorry, not untraceable or anonymous
> > or anything like that.
>
> | China-based Bitcoin exchange Bter has announced that it will
> | continue to operate its service and pay back all its users in
> | time, following a cyberattack that saw the company lose $1.75
> | million in cryptocurrency to hackers.
> |
> | Bter says that it managed to trace the stolen 7,170 BTC to a
> | Bitcoin mixer (a cryptocurrency laundering service) called
> | Bitcoin Fog, but hasn’t heard from the company despite
> | repeated attempts to make contact.
>
>
> http://thenextweb.com/insider/2015/03/12/chinese-bitcoin-exchange-bter-will-pay-back-users-after-losing-1-75-million-in-cyberattack/
>
> Bitcoin Fog is a Tor hidden service. If they can successfully launder
> 7170 BTC, that's good enough for me.
>
> <SNIP>
>



-- 
Brenda Fernández
me at brendafernandez.com
GPG: CE5BEE6C81FCA4D4
<http://pgp.mit.edu/pks/lookup?op=get&search=0xCE5BEE6C81FCA4D4>
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