“San Francisco bitcoin consultant John Light started the Buttonwood exchange on 4th July, after seeing Josh Rossi start a similar event in May in New York City’s Union Square Park. Rossi first wrote about the idea of in-person exchanges, calling it Project Buttonwood, but ended up calling the actual meet-up Satoshi Square.  Now there are at least 11 exchanges meeting all over the world, in Berlin, Los Angeles, Tel Aviv, Sydney and more cities. Like traditional stock exchanges, the events work on the open outcry system — traders verbally agree on exchange prices and execute the transactions using their smartphones or laptop computers, and cash.”

http://www.coindesk.com/person-bitcoin-exchanges-spread-across-globe/

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