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> I'm still yet to see any cases where any of these coins or tokens perform better than a centralized system(and can continue to perform better at similar utili
by Cakez0r 9y ago
> I'm still yet to see any cases where any of these coins or tokens perform better than a centralized system(and can continue to perform better at similar utilization) or where the value of the distributed system is worth more than the cost of distributing it.
Silk road?
- sanswork 9y agoYeah sorry I meant legal. If you're running an online drug market or a cryptolocker extortion scheme it is probably the best solution.
- discombobulate 9y agoSupporting Wikileaks when the US government wanted to defund them.
- sanswork 9y agoI'd say it didn't do that great of a job of that since if my memory serves right(I ran the numbers a few years ago on their early donations) they didn't really receive that much from bitcoin donations. Likely because it was a pain to get bitcoin at the time so it severely limited the number of potential donors. They would have made a lot if they held them all to today but back when the donations peaked 100btc donation was $600.
- discombobulate 9y agoFair enough. You'd agree it's a valid use case, though?
- sanswork 9y agoYes definitely.