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A comment on Unicorns are setting up their own venture capital funds. Parent comment

Re:Unicorns are setting up their own venture capital funds by golergka on Saturday November 17, 2018 @05:53PM (#18477812)
Light crime, as in buying drugs, is one hell of a market. I don't have solid data, but it seems that 90-95% of all drug-related transactions go through bitcoin nowdays, at least on the consumer level.
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Re:Unicorns are setting up their own venture capital funds by wpietri on Sunday November 18, 2018 @08:59PM (#18483681)
It's a good market in some sense, but it's a bad market for businesses that want to do things like IPO. It's also not a great market for people who want to stay alive in that many existing competitors are known for their violence, and if they come after you calling the police is not a great idea.
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Re:Unicorns are setting up their own venture capital funds by detaro on Saturday November 17, 2018 @07:49PM (#18478254)
I'd assume a large part of drug consumers still buys from their dealer in person, and why would you use Bitcoin then?
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Re:Unicorns are setting up their own venture capital funds by golergka on Saturday November 17, 2018 @08:20PM (#18478347)
Among drug consumers I know personally or follow in social media, there's not a single one who buys in person. Compared to picking up a ziplock in designated location, it's unsafe to a ridiculous degree.
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