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Because drugs is a commodity people want. There are numerous examples throughout history where different forms of currencies get shut down by the ruling body. T
by moksly 5y ago
Because drugs is a commodity people want. There are numerous examples throughout history where different forms of currencies get shut down by the ruling body. There is of course an argument to be made about Bitcoin being a commodity. But I think we can easily agree that the consumer demand for Bitcoin isn’t going to rival that of drugs.
I think the real joker is the black market. Modern drug organisations are Apple sized businesses that also have their own enforcement of violence and justice systems, and so on, making them effective non-geographic states.
I live in Denmark, we’re a rather small country, we frankly have less authority behind the Danish Krone than some drug organisations would have behind whatever crypto currency they fancy.