Prison black markets ARE literally the worlds largest black markets. I don't see how that is ridiculous. My point was that monetary tool (ramen) is popular in the largest black market though it would be insane for people outside that ecosystem to use it as money. White markets in the US are mainly subject to those stipulations but as BTC is a global asset, I don't see that as a lasting problem. Geographic arbitrage gets rid of those regulations very easily. As far as black markets are concerned, I can and have bought things with bitcoin, anonymously and psudononymously, using both mixed coins, payjoins, and Lightning. Where is the hurdle?

Reply to this note

Please Login to reply.

Discussion

No they aren't lol. I don't think they even fall in the top ten if we're talking about black markets worldwide. You don't even need to know anything about black markets to know that the prison population is a microscopic fraction of global pop. I never claimed Monero is money. I dont think either Bitcoin or Monero qualify as money yet so I don't see how they differ in that. None are the most saleable good. They're just mediums of exchange and speculative assets at the moment.

I don't doubt you have. The hurdle is needing to mix coins to begin with (expensive in time, fees, and tedium all for shittier privacy VS Monero) or running your own always online LN node to gain full privacy. Even among hardcore Bitcoiners coinjoining and running your own LN node is rare. If Bitcoin maxis barely do it, why would anyone else? DNM merchants/customers just want their transactions privacy to be built-in no fuss and work which is why Monero is taking over DNMs. No DNMs accept LN.

Cool dude, I'm not interested in "debating" facts with you, have a good one.

Ok have a good day man