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This would have the singular affect of forcing the entire cryptocurrency ecosystem into the black market, where it would thrive alive and well. Likely doing mor
by vinniejames 7y ago
This would have the singular affect of forcing the entire cryptocurrency ecosystem into the black market, where it would thrive alive and well. Likely doing more harm than good in the process by fueling violent cartels to wreak havoc, as is still happening with the war on some drugs
- karlp 7y agoThat makes no sense, cryptocurrencies are already being used for illegal purposes.
- AsyncAwait 7y agoIt does make sense. There's a difference between say 50% of all crypto transactions being black market ones and 100% of them being so, and I don't think the 100 would be the same size as the 50 is now, in other words some of the legal trade would for sure move into the black market.
- asjw 7y agoI don't get the point Cryptocurrency ecosystem is already out of the regulations and mostly a black market
- AsyncAwait 7y agoNot really, Coinbase is pretty big and perfectly legal.
- gl00pp 7y agoWhat about cash though? Isn't that stuff used for black market?