04 Sep '13, 5pm

Just donated for 'Pauv' @indiegogo #P2P U should admit #bitcoin donations @licuende

Pauv: An open source and P2P Bitcoin exchange Bitcoin was born back in 2008 as an alternative to the traditional financial system that has drove us to the economic crisis generated by the banks. But now, we seem to have forgotten that it was born as a response to the extreme centralization of the traditional financial system. We use centralized exchanges, run by private companies that, in the end, control the exchange and can do whatever they want with it, and also are subject to DDoS attacks and every single weakness of centralized systems. And the most important problem with central exchanges are not the exchanges themselves, but how easy it is for a bank or a government to actually close the exchange accounts. Think about it, what happens if the Japanese government decides to close MtGox, or if the bank closes its account? It happened with very popular exchanges such as...

Full article: http://www.indiegogo.com/projects/pauv

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