Re:Distributed Ledgers Part I: Bitcoin is dead
by brighton36 on Saturday August 29, 2015 @11:28AM
(#10140301)
Relative to the drug industry, it represents nearly 100% of online sales. Gambling is significantly less so, though that market is already being serviced to some degree online (unlike drugs). It is likely that gambling will grow if and as the user interfaces and liquidity improves in Bitcoin.
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Re:Distributed Ledgers Part I: Bitcoin is dead
by bdcravens on Saturday August 29, 2015 @12:26PM
(#10140511)
What % of total drug sales happen online?
Re:Distributed Ledgers Part I: Bitcoin is dead
by brighton36 on Saturday August 29, 2015 @12:37PM
(#10140540)
Obviously very few. The technical literacy of drug purchasers is fairly low, and the tools are very difficult to use. If your point is that "no one goes online to buy drugs" then you must not understand how adoption curves work, or you must believe that the growth in this market is shrinking.