[fallingsquirrel]

These threads always leave me baffled. Some people say that only drug dealers use bitcoin. Others say the ratio of normal dudes to drug dealers is 1,000:1 or more. I guess it depends what sounds convenient at the time.

[tivert]

If you worry about the government seizing your money like that, you really should be someone whose money the government wants to seize [1]. Those people aren't regular dude software engineers.

[1] Also, keeping your money in a bank account almost certainly product you from those controversial civil forfeiture situations.

[Thorrez]

I think the argument is that the drug dealers are actually using bitcoin for its utility, whereas the 1000 normal dudes are just buying it as an investment, not to use.

[dowager_dan99]

if you replace "investment" with "speculation" I agree

[RGamma]

By head count maybe, but by value you gotta include the ransomware gangs, gambling rings, weapons dealers, human traffickers, money launderers, etc. too. And then it's probably not 1000:1 anymore.