Those trades are probably black market profits, primarily drugs. Or oligarchs, whose circles haven't been penetrated by journalists. (Or, what, overstock.com?

Those trades are probably black market profits, primarily drugs. Or oligarchs, whose circles haven't been penetrated by journalists. (Or, what, overstock.com?) I imagine Bitcoin would be a lot more popular if it weren't for the moral hazard of providing fungible currency for people trafficking in 9mms and ecstasy.