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This is an "I told you so" post, but not about bitcoin, about the current exchanges.

I haven't cashed out any bitcoins because the current exchanges are a fucking joke and I've said as much many times in the IRC channel and forums. Bitcoins will remain a novelty for people with lots of disposable income until it has a real money changing service linking it to other exchanges. I can not conceive of the level of folly it would take for me to put anything more than pocket money on one of the current exchanges.




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