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by int_19h 1150 days ago
Your last point directly contradicts the claim that "100% of it is a scam". People do actually buy and receive those illegal goods and services; you might not like that fact, but it certainly isn't a scam at that point.

And just so that we're clear, said "illegal goods" include, for example, generic drugs from other countries.

1 comments

in fairness, of the cryptocurrency black market, 99.999% of that is scams too...

I don't think it's recovered from the silk road and alphabay era?

I don't think Silk Road etc constitute the actual majority of the black and grey markets enabled by cryptocurrency. It's just where most of the media attention is because of stuff like "assassination brokers" etc. Most of it is really mundane stuff, mostly drugs (of either kind). Which is also where long-term repeat customers are valuable, so sellers are hesitant to lose reputation through outright scams.