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Nowadays, that'd be a pretty decent characterization of many physical currencies as well. Case in point: Most US $100 bills circulate in the black market. Most
by bunderbunder 13y ago
Nowadays, that'd be a pretty decent characterization of many physical currencies as well.
Case in point: Most US $100 bills circulate in the black market. Most paper currency circulating in the USA has traces of cocaine on it.
- stevewilhelm 13y agoTrue. Trading in a physical currency also carries a stigma. But don't confuse physical currency with fiat currency. Electronic transactions, direct deposit, wire transfers, credit card payments, etc., denoted in fiat currencies are the norm. The reason Bitcoin and physical currency carry a stigma is both can be spent or received anonymously: which is perfect for illegal transactions.