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Why only consider illegal transactions? Are you saying the number of legal transactions is negligible?
by nicky0 9y ago
Why only consider illegal transactions? Are you saying the number of legal transactions is negligible?
- jackweirdy 9y agoAre there legal transactions where you're forced to use bitcoin? The no-choice transactions are the ones the parent commenter was discussing
- vannevar 9y agoCompared to speculation and illegal transactions, I believe it is negligible. The number of places accepting cryptocurrency is not growing at anything like the rate at which the currencies are appreciating. There's just no incentive to use such an incredibly deflationary currency for purchases, given the difficulty compared to using ordinary credit. Except in markets that have no viable choice.