If you don't use Bitcoin in your daily life and you don't promote black markets (which are simply markets where you don't pay taxes), you are still maintaining and enlarging that monster called the state.

Bitcoin is a tool, nothing more. If used incorrectly, it is useless, just like using a screwdriver as a hammer or a hammer to sand something down.

But your favorite influencer doesn't talk about these things, simply because they are all statists and don't really want to change the status quo.

But we're here to screw over the central banks, the state, and all those who live off your work without actually working.

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Discussion

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black markets don't have the goods.

gray markets, maybe, still not that many.

we need better parallel structures built.

That's hard AF, because you'll be immediately targetted by criminals, both governments and private cartels.

No, in Spain there is a large underground economy and none of this happens.

good for you!

sadly not where I live. Here we take more advantage from gray markets. Mostly for services, goods are basically limited to strictly "illegal" things like drugs.

E.g. it's not that hard to find a contractor to build your house and circumvent taxes, but they can't do it with material. They would quickly endup in jail (asuming they would be able to get it somewhere)

It's AFAIK of course, I can't know all the channels...

In Spain, if it weren't for the underground economy (black markets), there would have been a revolution because the real unemployment rate is around 30%, compared to the 12% figure touted by the government.

Interesting contrast, we officially have 4% but in reality it's near 0. Who doesn't work doesn't want to (or objectively can't)

Black Markets Rules!

Black market: illegal transactions of goods or services (because they are prohibited or because the sale circumvents the law: taxes, price controls, rationing, foreign exchange, etc.). It is, by definition, clandestine.

Grey market: sale of authentic products through channels not authorized by the brand (e.g., parallel imports that take advantage of price differences between countries). It is not counterfeiting; legality depends on jurisdiction and the brand's “exhaustion” regime.

I like how black markets are the biggest and blackest mid finger to politicians. Together with stupidity, they're doing a testudo and pushing fiat near the brink of the cliff

the conventional definition of a market where taxes aren't paid (or other administrative requirements, eg certifications, inspections, etc) is "grey market"

it's only "black" if the goods are prohibited by laws that designate such trade as a felony.

i support both but grey is far more widespread in terms of total volume of money paid for the goods and services. grey markets appear in proportion with excessive regulations on markets, in the former soviet bloc it made up something like 80% of business. a friend of mine in serbia as a child in the 80s used to travel with his father across to the other side of the iron curtain, germany, france, england, etc to buy things like jeans and gaming consoles and suchlike, bring them back stashed in the boot and sell them to people in the area, no tax, no import duties, no license.

i'm very much against prohibition though. if the product does not violate the rights of any person the prohibition is really a monopoly (you can do it with a licence, eg, coca cola imports coca leaves to make the flavor, no other company is allowed to do this, this is totally overreaching on the idea of a trademark). for which reason i am grateful for the existence of the dark web. but postal systems have gone to shit in the years since silk road first appeared in almost all countries, unless they have deregulated courier services. the government monopoly on these is also fucking shit. only a few countries national postal services are still any good these days (pretty much australia and the uk)

oh yeah, that's the thing. "black market" includes stolen goods and criminal services (carding, hitman, debt collector, etc). so i don't support that, just the stuff that is government monopolies on things that would be legal with license.

But you're my favorite influencer 🤔

End. The. Fed. 🫡