Re:Critical Update on DAO Vulnerability
by pmorici on Friday June 17, 2016 @05:04AM
(#11921460)
What grey/black market sites accept eth. Pretty sure most of them historically have been Bitcoin based.
[ Parent
| on HN ]
eth is traded to and from bitcoin on various exchanges, so it's a parallel.
>eth is traded to and from bitcoin on various exchanges, so it's a parallel.
eth is also traded to and from USD on various exchanges, so that's a parallel, too?
Listen, I'm no ethereum fanboy here, but logic, let's use it.
So is the USD and a bunch of other currencies, what's your point? You can also trade ETH for USD on most big exchanges.
And USD are used for all kinds of illegal things; solutions include restricting paper transactions to $100 units of currency (so that large amounts of currency are bulky and heavy) and all kinds of restrictions on transactions over $10,000.