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A comment on Billionaire Mike Novogratz says 10% of his money is in Bitcoin and Ether. Parent comment

Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by tboyd47 on Friday April 21, 2017 @10:37AM (#14165950)
I don't think this is accurate. The main use case for Bitcoin seems to be remittances and savings for the rich and middle-class in countries with unstable currencies, not grocery store payments. Compared to USD, it's cumbersome and expensive, but compared to gold or Western Union, it's clearly better.
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Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by chc on Friday April 21, 2017 @10:43AM (#14166001)
Do you really believe more Bitcoin is used for this than evading the law?
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Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by tboyd47 on Friday April 21, 2017 @11:14AM (#14166283)
Do you have any data that prove me wrong?
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Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by greenshackle2 on Friday April 21, 2017 @11:29AM (#14166408)
Do you have any data that prove you right?
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Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by true_religion on Friday April 21, 2017 @11:54AM (#14166648)
I think that believing people are not criminals is the less extra ordinary case, considering how few people are criminals in the first place.

There would have be something extraordinary about bitcoin or the way it was represented to society at large that attracted criminals.

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Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by aminorex on Friday April 21, 2017 @12:28PM (#14166998)
You don't understand how the law works. You are a criminal. In the u.s., for example, that shining city on a hill, it is estimated that a typical adult commits three felonies on an average day.
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Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by tboyd47 on Friday April 21, 2017 @11:55AM (#14166659)
No, actually, I don't. I was just expressing an opinion backed up by my own evaluation of Bitcoin's strengths. User chc responded with such incredulity that I thought he might have some information I don't.
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Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by greenshackle2 on Friday April 21, 2017 @11:56AM (#14166673)
Ok. Just wondering. I actually have neither opinion nor data on the subject.
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Re:Billionaire Mike Novogratz says 10% of his money is in Bi... by mgberlin on Friday April 21, 2017 @02:20PM (#14167951)
And compared to Ripple, it's still astoundingly clunky.
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