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> In my experience whenever some poses a convoluted leading question like this, it's because they have already decided the answer. No; I am genuinely undecided
by azangru 4y ago
> In my experience whenever some poses a convoluted leading question like this, it's because they have already decided the answer.
No; I am genuinely undecided. On the one hand, I hear the arguments of bitcoin advocates from 5-10 years ago (Andreas Antonopoulos; authors of college-level courses on cryptocurrencies and bitcoin; as well as random podcasters); and they still make sense to me — which I tried to inject into the question, and which, you say, made it convoluted. On the other hand, I don't yet have a dog in the fight; I am just observing the space with some curiosity.
> Has any crypto ever actually been successfully used as a currency for something other than the black/grey market?
Genuine question: why is the use on a black or a grey market a put-down for a currency? Isn't it, on the contrary, a true testament to the value of a currency, if it is sought after, as a means of exchange, on a black market?
- shigawire 4y ago>why is the use on a black or a grey market a put-down for a currency? The lack of accountability in black market transactions is a feature. In regular transactions this is a hindrance. The basic examples I can think of would be preventing funding terrorism or human trafficking - which I personally think is a net good. Or even more basically the ability to contest and reverse charges.