On Sat, Jul 13, 2013 at 11:32:39AM -0700, Peter Vessenes wrote: > One very real issue for alt-currencies that don't peg to Bitcoin is that > market liquidity is a bitch. By almost all standards current global Bitcoin > liquidity is already very, very low. Too low for many transactions that > come across my desk at least. > > There are a lot of reasons for that low liquidity, but to try and float a > new pair for which the likely initial counter-asset is going to be Bitcoin > means minuscule liquidity.
Being able to have automated Bitcoin<->Zerocoin P2P trading without an exchange is also significantly more desirable from a privacy standpoint. Basically it reduces the privacy risks of doing the exchange to spending the Zerocoins in the first place. -- 'peter'[:-1]@petertodd.org 00000000000000878c30a45104c48fd4e8037cb5b3ba1e14dc4d8bef72eff1be
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