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Light crime, as in buying drugs, is one hell of a market. I don't have solid data, but it seems that 90-95% of all drug-related transactions go through bitcoin
by golergka 8y ago
Light crime, as in buying drugs, is one hell of a market. I don't have solid data, but it seems that 90-95% of all drug-related transactions go through bitcoin nowdays, at least on the consumer level.
- ImADemocRat 8y agoYou are so wrong that it is hilarious. Billy Joe buying heroin most likely has never owned any cryptocurrency. What part of your ass did you even pull this from?
- detaro 8y agoI'd assume a large part of drug consumers still buys from their dealer in person, and why would you use Bitcoin then?
- golergka 8y agoAmong drug consumers I know personally or follow in social media, there's not a single one who buys in person. Compared to picking up a ziplock in designated location, it's unsafe to a ridiculous degree.
- wpietri 8y agoIt's a good market in some sense, but it's a bad market for businesses that want to do things like IPO. It's also not a great market for people who want to stay alive in that many existing competitors are known for their violence, and if they come after you calling the police is not a great idea.