[ipaddr]

The black market can have higher standards because the barrier for entry is much smaller or nothing which creates more competition.

Having a legal and black market operating side by side can mean more quality and variety for the black market. The drug market is a great example where in places a legal market exists the black market can offer better prices, better quality and a variety of strains the commercial growers cannot.

[jokethrowaway]

That's a very interesting point of view! I wonder if maybe you're describing a Canadian point of view? I've heard the government screwed up / over-regulated (not sure about the details) distribution of Cannabis in Canada and people still had to use the black market to buy cannabis.

We don't need a black market, we just governments not to get in the way in what they consider legal or not. I think you're advocating for small independent producers vs big monolithic ones (which sounds great, I'm in!). In a world where licenses don't cost half a million, that can be a legal market as well.

> The black market can have higher standards From my anecdotal European experience this hasn't been the case. Eg. If I think about cannabis in Netherland, what you can buy in a coffee shop is generally much better than any black market deal you can find in all of Europe. You can get cannabis from Amsterdam in the rest of Europe as well (amongst the dozen fakes) but it will cost much more.

In a black market you have a higher risk of getting scammed, lower quality and no controls. Online marketplace with reputation systems help a lot but it's still not like buying on Amazon.

The barrier to entry is higher because you have to setup the tools to act anonymously (eg. Tor, cryptocurrencies), you have to worry about stealth and you're running the risk of going to jail. The quality / price ratio goes down pretty quickly. Sure, you're not paying taxes and you don't have to do accounting, but I think the negatives are more expensive than that.