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A comment on The Blockchain Bubble Will Pop, What Next?. Parent comment

Re:The Blockchain Bubble Will Pop, What Next? by Kadin on Monday July 30, 2018 @12:56AM (#17642165)
People were pretty excited about using Bitcoin to buy drugs, but it turns out you need a more stable and convenient currency even for drug dealers to be interested.

That was the high water mark of consumer interest as far as I've seen. Everything else is just intrigue driven by the get-rich-quick aspect.

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Re:The Blockchain Bubble Will Pop, What Next? by penagwin on Monday July 30, 2018 @01:44AM (#17642321)
I'll say that for that category they haven't lost interest. Although many places have moved to monero for obvious reasons. They don't care too much they can just exchange it immediately. That industry REQUIRES that payments can't be stoppped/tracked so decentralization makes perfect sense here. Most industries don't have that requirement, and usually benefit from centralized systems.
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Re:The Blockchain Bubble Will Pop, What Next? by acover on Monday July 30, 2018 @03:28AM (#17642665)
People are also excited to launder money
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Re:The Blockchain Bubble Will Pop, What Next? by icebraining on Monday July 30, 2018 @06:42AM (#17643473)
How is BTC any better than USD or EUR for laundering money?
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Re:The Blockchain Bubble Will Pop, What Next? by rm_-rf_slash on Monday July 30, 2018 @07:28AM (#17643670)
Density. A single 128GB microSD card can hold a lot of bitcoin in the space that could not fit even one $100 bill. No enormous briefcase and predetermined set of answers for law enforcement.
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Re:The Blockchain Bubble Will Pop, What Next? by montenegrohugo on Monday July 30, 2018 @08:35AM (#17643973)
I mean, what he said IS tecnically correct. You can easily fit a 256-bit key in a 128GB micro SD.

Sure, there will be a lot of space left, but what he said is technically correct :D

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Re:The Blockchain Bubble Will Pop, What Next? by sky_rw on Monday July 30, 2018 @05:45AM (#17643257)
For hard drugs you may be correct, however there is a booming online pharmaceutical black market where BTC reigns king.
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