News for hackers. Stuff that matters.
Re:It Looks Like Nobel Economics Laureates Don't Like Bitcoin by chadlavi on Thursday November 30, 2017 @11:11AM (#15816852)
In what way is individuals being able to make illegal purchases of any social utility?
Re:It Looks Like Nobel Economics Laureates Don't Like Bitcoin by wuliwong on Thursday November 30, 2017 @11:19AM (#15816924)
I am guessing that your actually ideology isn't as hardline as the question you asked would imply. But just incase it is; consider a country like North Korea, certainly the black market there provides a lot of social utility.
Re:It Looks Like Nobel Economics Laureates Don't Like Bitcoin by wlesieutre on Thursday November 30, 2017 @12:51PM (#15817768)
There's also a good argument that Silk Road provided social utility in the US because anonymous transactions over the internet are less prone to shootouts than the physical black-market.

If you're looking at it from a harm-reduction perspective, people are obviously getting drugs despite prohibition, so you might as well have a less violent drug trade.