Comment: As a Bitcoiner...

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As a Bitcoiner...

The argument placed here in this post seems possible, but the reasoning behind it sounds more to me like the logic behind many conspiracy theories. That is, it's not convincing (non of the premises of this argument are backed by any real evidence- other than a he-said-she-said bs).

Bitcoin exchange companies are definitely playing a big part throughout the beginning implementations of this currency.

These exchange companies are NOT needed at all. They are attractive for people that are new to bitcoin and are finding an easy way to exchange. As the market grows the bitcoin exchange companies will remain valuable only to individuals that I personally consider intellectually lazy. There are many ways to do currency exchanges with bitcoins. Soon there will be bitcoin atm machines available throughout the world- The real network of exchange for bitcoin depends on a P2P interaction; the possibilities of exchanging bitcoins are endless...

I personally have never used an exchange company and I don't think I ever will. I don't need an intermediary.

In spite of the cheesiness of this argument, I am still taking it seriously and doing research on it.

In a way I thank you for the post; I just wish it actually had some actual evidence or proof.

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees