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Crypto has exactly one such usecase. Darknet markets. Lots of drugs and lots of illegal materials are bought and sold using crypto, like stolen cards and child
by shp0ngle 4y ago
Crypto has exactly one such usecase.
Darknet markets. Lots of drugs and lots of illegal materials are bought and sold using crypto, like stolen cards and child porn.
So, “if you are child porn enthusiast, you are maybe using cryptocurrency” might be a valid usecase.
However I don’t know how prevalent crypto is in any of these. I haven’t read any studies on it, and they might be hard to do.
I don’t think any of the big drug cartels actually use cryptocurrency, for example, but I might be wrong.
- bsaul 4y agoi believe it's true, however i distinctly remember that france's ancestor to internet ( called "minitel") first use was prostitution related, yet it also spawned other usages like yellow pages and train reservations. What's surprising about crypto however, is that this "second wave" of usages should already start to appear by now, and yet we don't see any sign of them.
- reacweb 4y agoI do not think people should confuse minitel rose (https://fr.wikipedia.org/wiki/Minitel_rose https://fr.wikipedia.org/wiki/Minitel_rose) with prostitution. In one case, the victim is the prostitute, in the other case, it is the client.
- bsaul 4y agoSure, i couldn't find a way to describe minitel rose in english so i went for prostitution. But it's clearly not, you're right.
- whatisweb3 4y agoThe “second wave” of crypto uses are already present for those using these networks. For average mass market appeal, we will not see it until PoS and privacy enabled scalable L2s reach maturity.
- deleted 4y ago[deleted]