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By no means impossible before, but now much easier: Dark net markets, money laundering, unregulated securities offerings, ponzi schemes, scams, ransomware, and,
by vosper 9y ago
By no means impossible before, but now much easier: Dark net markets, money laundering, unregulated securities offerings, ponzi schemes, scams, ransomware, and, to a lesser extent, gambling.
Since you asked about rebuilding web apps, I'll link you to patio11's comment, which leads with "Blockchain is the world's worst database"
https://news.ycombinator.com/item?id=13420777 https://news.ycombinator.com/item?id=13420777
- hudon 9y agoSpot on, these along with: political donations, funding activism, information marketplaces (think wikileaks but the leaker gets paid). Anything that a government or regulatory body would want to censor, basically, is made significantly easier with Bitcoin/the blockchain.
- blusterXY 9y agopatio11 was entirely wrong about bitcoin.
- vosper 9y agoI don't see that anything has changed since his comment