Re:Bitcoin is a disaster
by sn_master on Thursday December 31, 2020 @07:08PM
(#25598883)
> No one treats Bitcoin as a currency.
Ask the people who bought hundreds of millions of dollars (without inflation) of drugs on Silk Road, Empire Market, White House Market etc since 2013 until now. I am making up hundreds of millions based on the seized Bitcoins by the FBI, the real number probably exceeded Billions a long time ago already.
The WannaCry and other ransomware folks don't sit on their millions of dollars of extorted Monero/Bitcoin either. They buy cars and fancy things with them, and that's one reason many of them got arrested.
Few real world examples of scams against everyday folks:
Ask the people who bought hundreds of millions of dollars (without inflation) of drugs on Silk Road, Empire Market, White House Market etc since 2013 until now. I am making up hundreds of millions based on the seized Bitcoins by the FBI, the real number probably exceeded Billions a long time ago already.
The WannaCry and other ransomware folks don't sit on their millions of dollars of extorted Monero/Bitcoin either. They buy cars and fancy things with them, and that's one reason many of them got arrested.
Few real world examples of scams against everyday folks:
https://www.youtube.com/results?search_query=canada+bitcoin+...
Safeway now has BTC ATMs and we we'll be able to drop "canada" from the query and get good results from the US soon.