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The market demand for making sanctioned transactions is quite small. For the average person, it’s basically nothing. For the prosumer, it might be drugs or pred
by shuckles 5y ago
The market demand for making sanctioned transactions is quite small. For the average person, it’s basically nothing. For the prosumer, it might be drugs or prediction markets, and especially the latter is already legal in many jurisdictions.
- Epiphany21 5y ago>The market demand for making sanctioned transactions is quite small. This might have been true 10 years ago but it certainly isn't today. Barring some unprecedented natural disaster or act of god, that demand is just going to increase with all the political and social turmoil happening in the world today.
- shuckles 5y agoCan you cite some evidence? Ten years ago we were in the middle of the Arab Spring and the USA was in two different hot wars?
- Epiphany21 5y ago>Can you cite some evidence? The prices speak for themselves. A decade or so ago people were using thousands of Bitcoins to purchase a pizza. A single Bitcoin is currently worth $40,000. Even though this down from a high of around $61,000, that price fluctuation is still less extreme than the total growth it saw in a relatively short amount of time.