[nobodyandproud]

There is a different interpretation: Crypto enabled tax dodgers and black markets.

It’s a use case I didn’t consider a decade ago.

[joecot]

There is also this, and it's one of the things that propped up Bitcoin at the beginning. A large chunk of the Chinese drug black market ran on bitcoin. In many ways the cryptocurrency boom was the 21st century's opium war.

[Ekaros]

Black markets are also interesting question. How high coin value you actually need for them to operate? Certainly not tens of thousand, probably a few hundred would still be enough. If crypto was token for exchange.

[nobodyandproud]

I don’t know.

If you’re exchanging weapons or illicit drugs (nation state) it can easily be millions.

As a run-of-the-mill software engineer, its a world I only have a passing knowledge on.