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Aside from speculation the bulk of any commerce done is likely for darknet purchases anyway. Go look up a list of common darknets, go open a few of the top sel
by ryanmercer 8y ago
Aside from speculation the bulk of any commerce done is likely for darknet purchases anyway.
Go look up a list of common darknets, go open a few of the top sellers. Look at their listings, look at how many reviews each listing has. Go back 2 weeks later and check again, you'll be surprised. Now look at how many darknets there are with decent user bases and consider how many sellers each has with moderate activity. Most of that commerce is in bitcoin, some in monero or ETH but mostly bitcoin.
I mean, you can pop on and buy several kilograms of cocaine in a single listing (or any other drug you can think of, some even sell guns and human bones, most also have cvv2 dumps and other identity theft stuff as well as stolen uber accounts any all sorts of other things). With the cocaine for example, you can pull up a 1kg+ listing that will have a dozen or more reviews indicating tens, or hundreds, of thousands of dollars in sales just for a single listing on a single market.
People like to make-believe bitcoin is for legit commerce but it's mostly for speculation and criminal enterprise.