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by LateRuin 2922 days ago
Vice has a good video on drug dealers lining up to use a Bitcoin ATM every day somewhere in an American ghetto. Bitcoin is 100% about drug dealing, gambling, and tax avoidance.

You would have to be a total moron to go through all the hoops to use it otherwise. Its kinda like running desktop linux in that way.

3 comments

A lot of Bitcoin volume is criminal in nature. What is contested is that a large fraction of criminal fund flows go through Bitcoin.

For the same reasons it sucks for individuals (volatile, slow, expensive, publicly recorded, difficult to spend and difficult to convert), it sucks for criminals.

> You would have to be a total moron to go through all the hoops to use it otherwise. Its kinda like running desktop linux in that way.

So, what, you'd have to be a total moron to go through the hoops of installing Linux as well? Do you think before you comment?

Your 100% figure is wrong given that I, at least, don't match any of your description. You can't go around claiming this kind of nonsense.

In most countries there are no hoops. In most places in Europe it's harder go get a bank account than to get bitcoin. Does that mean only morons go through all the hoops of obtaining bank accounts?