[FoRK] Bitcoin: "tied cryptologically to all the criminal activities that contributed to its shared value"

Eugen Leitl eugen at leitl.org
Tue Apr 16 09:37:27 PDT 2013


On Tue, Apr 16, 2013 at 09:29:06AM -0700, Lucas Gonze wrote:
> Are there significant non-criminal use cases for bitcoin?

Is trading and investment non-criminal?
How about https://en.bitcoin.it/wiki/Trade
 
> Aren't transaction costs much lower?

That's just the point. It's a transaction currency.

See Falkvinge on the matter
http://falkvinge.net/2013/04/03/why-bitcoin-is-poised-to-change-society-much-more-than-the-internet-did/

http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/

http://falkvinge.net/2013/04/12/what-we-learn-from-this-bitcoin-correction/


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