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Bitcoin solves a problem. Ever used a dark web market. Good luck with Paypal
by mpfundstein 9y ago
Bitcoin solves a problem. Ever used a dark web market. Good luck with Paypal
- emodendroket 9y agoIf the problem it solves is "I need a way to buy illegal drugs, weapons, and fake IDs while evading the police," I think you can see obvious problems to mass-market adoption. I also wonder whether a system with a permanent, publicly accessible ledger is truly ideal for this application.
- golergka 9y agoIt's already massively adopted in this field, like it or not. Buying drugs with bitcoin is mainstream; no drug dealer takes cash now.
- emodendroket 9y agoYes, but I don't think the Bitcoin pushers are telling us that it's going to revolutionize the world of buying heroin online.
- Aloha 9y ago"no drug dealer takes cash now." seem hyperbole on its face.
- hndamien 9y agoCash is still more anonymous than BTC, just not as mobile. Monero is more anonymous and more mobile. This is what real dealers use over distance.
- mpfundstein 9y agoSpookyhesunset claimed that bitcoin still looks for a problem to solve. I showed that it did so. Whether its ethical or whatever doesnt matter. There is a huge market, period!