No. of Recommendations: 20
Going from memory, BTC doesn't generate any income so the price is throttled - Flipping gold is a 15X ... I'd be happy with that. Criminals use it - they mostly use the USD. Only a small percentage of BTC is used for illicit purposes ... who wants a permanent record of their crime? It's not money - of course it is. 10T in transactions, bigger than Visa. The next day Russia said they changed the law and will accept BTC for intl payments. That opens up a settlement channel for half the world. They'll soon run out of new "speculators." - Adoption is moving very quickly.
It's a very silly list, so no need to comment. You're a Believer, and nothing anyone will say will change that.
I do like this bit tho'
Only a small percentage of BTC is used for illicit purposes ... Russia said they changed the law and will accept BTC for intl payments.
Hey, the good thing about the pervasive criminal transactions is that at least it's a real use case. I don't know of another.
Jim
