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by notch656a
1614 days ago
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>it's about people's willingness to run illegal services. Which looks to be quite high. >Nope, sorry. The market doesn't guarantee whatever random distributed thing you like will be resilient. While I'm sure 'nope, sorry' felt gratifying for you to type, the market cares very little about your individual opinion. Even illegal drugs, tangible items that a drug dog might sniff out, can't be choked off. >whatever random distributed thing you like The 'whatever random distributed thing I like' is something with a market cap of 2.21 Trillion dollars, which is like 1/10th the GDP of the united states. You make it sound like it's my random pet individual project. |
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Lol. Bitcoin or other cryptocurrencies aren't illegal drugs, and thinking they would be as resilient as them is missing many important differences. For one, networks are far easier to surveil than physical spaces. For another, about the only thing cryptocurrencies are actually good for is speculation, so there'd be few incentives to keep them going in the face of severe penalties. That quite unlike drugs, which get you high and in some cases can get you addicted, so there's some natural demand.
> The 'whatever random distributed thing I like' is something with a market cap of 2.21 Trillion dollars, which is like 1/10th the GDP of the united states. You make it sound like it's my random pet individual project.
Speculators driving up the price is not proof of resilience. Bitcoin is a technology in search of a real problem to solve, not an actual good solution to anything.