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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by mercurial_sucks on Monday February 08, 2021 @01:14PM (#26068005)
Patently false. It is one of the worst currencies for illegal transactions. The last place you want your illegal money to be is a public ledger. Maybe monero or another private currency would be more common with criminals
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by FDSGSG on Monday February 08, 2021 @01:20PM (#26068085)
Sure, Monero is technically better. But actual usage is what matters, and Monero doesn't have that.

There's one DNM pushing Monero, nobody on cybercrime forums is using it. Ransomware operators have tried it, but usually shifted back to Bitcoin.

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by AlwaysBCoding on Monday February 08, 2021 @03:14PM (#26069514)
It's only an anecdote but I used to buy Adderall on Libertas, which was a Monero-only drug market, seemed to work pretty well and solved a real world problem for me.
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by FDSGSG on Monday February 08, 2021 @04:06PM (#26070125)
And Libertas ended up shutting down because their exotic tech choices drove away all the users.

At least 90% of darknet trade happens using Bitcoin.

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by john117 on Monday February 08, 2021 @06:48PM (#26071976)
Source on that 90%?
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by FDSGSG on Monday February 08, 2021 @07:40PM (#26072404)
I run data collection scripts on 64 different darknet sites. Markets that accept both BTC and XMR get hardly any XMR deposits, WHM is a major market that makes up essentially all the XMR traffic but is growing much slower than BTC-accepting markets despite being very popular on Dread.
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