I like decentralization as much as the next guy but even with this type of a setup you often end up needing something central that can connect you to more users. This is also the case with ripples - it uses this system but in order for you to trade with others you don't know or in order to cash out you need to trust an exchange which is trusted by others.
I'd be interested in seeing what happens but I'd be surprised if this manages to capture more than a portion of the otc trading market.
I'd be interested in seeing what happens but I'd be surprised if this manages to capture more than a portion of the otc trading market.