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by rorrr 5357 days ago
But if you can buy things privately or online with bitcoins, bitcoins will be used without government permission, and will have value.

SilkRoad works.

http://www.wired.com/threatlevel/2011/06/silkroad/

http://gawker.com/5805928/the-underground-website-where-you-...

1 comments

I'm not saying that Bitcoin won't have value, my response is to the grandparent that makes the argument that bitcoin usage would explode if it were made illegal. It seems to me bitcoin would be further marginalized in that case, hardly a catalyst for growth.