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Are you up to speed on the dark net markets? Most have closed. The last one in use, Empire, had an exit scam this summer. Before that, Wall Street Market was
by three_seagrass 6y ago
Are you up to speed on the dark net markets?
Most have closed. The last one in use, Empire, had an exit scam this summer. Before that, Wall Street Market was taken over by feds and used as a honey pot - where they used traced bitcoin transactions to arrest dealers/people involved.
Any drug dealers still doing online trading prefer Monero, and even then, I would still say that using a currency solely to buy drugs online is the definition of hobby money.
- 93po 6y agoI buy stuff constantly using regular old bitcoin off of coinbase. Not drugs, but other things that don't lend themselves to tradtional payment providers. Market is alive and well for a lot of stuff outside drugs.
- three_seagrass 6y agoWhich is fine, but anecdotal. You're describing a hobby money because most people do not do what you are doing.
- ryanlol 6y ago> Are you up to speed on the dark net markets? Yeah actually. If you think Empire was “the last one in use” you obviously have no idea what you’re talking about. There are more DNM transactions happening now than ever before. There are closer to 20 markets in operation, XMR makes up less than 10% of the transactions. I’m sure many dealers would prefer Monero, but few customers do.
- three_seagrass 6y agoEmpire was the last one that was relatively trusted. Most of the new ones that aren't invite only are suspected honey pots until they go a period of time without busts or exit scams.