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> Bitcoin's main demonstrated value is as a speculative instrument. I think it's primary value is for money laundering and hiding money transfers from the eyes
by bb88 8y ago
> Bitcoin's main demonstrated value is as a speculative instrument.
I think it's primary value is for money laundering and hiding money transfers from the eyes of jealous lovers / spouses / governments.
- wpietri 8y agoYeah, if you don't count speculation as value (and I'm happy not to), then I think light financial crime is the next biggest use case. Which is interesting in that a lot of money laundering is illegal because although it may be valuable to the launderer, the cash transfered often comes from something where systemic value is dropping. E.g. ransomware only makes the world worse, even if it makes the ransomer a profit.