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Topic: [2016-08-31] Here's How People Are Actually Using Bitcoin (Read 579 times)

legendary
Activity: 1246
Merit: 1000
This kind of news might have been acceptable in 2010 or 2011, when knowledge about Bitcoin was low. I wonder why still such drivel is being posted.
Plus the author should be careful about disclosing that her boyfriend uses a fake id.
legendary
Activity: 1204
Merit: 1000
From the article we see that bitcoin is mostly being used for illegal things, fake ids, gambling etc, which is a bad marketing for bitcoin.

it also highlights how useful it can be.

with all these data mining blockchain analysis companies now there's gotta be a way of painting a picture of where all these coins are flying between. i'd love to see some type of diagram of an average day's breakdown of txs to exchanges, merchants, gambling and dark markets.

I have a feeling that when more and more people are using bitcoin the more bitcoin will be lost (unusable) and by this the bitcoin price increases.
The bitcoins are transferred from people to people and to miners which spend the bitcoins too.
legendary
Activity: 1904
Merit: 1074
She is highlighting all the things that was also previously paid for by fiat and stolen credit cards... and still is. Wow, I have never seen so much drivel

and thumb sucking in one post.. this shill has definitely spend some time, looking for the worst stuff to buy with Bitcoin and did not list any of the

good and legal things that are bought with Bitcoin on a daily basis. Some examples being... Beer at a Pub, or games on Steam.  Roll Eyes
legendary
Activity: 1288
Merit: 1087
From the article we see that bitcoin is mostly being used for illegal things, fake ids, gambling etc, which is a bad marketing for bitcoin.

it also highlights how useful it can be.

with all these data mining blockchain analysis companies now there's gotta be a way of painting a picture of where all these coins are flying between. i'd love to see some type of diagram of an average day's breakdown of txs to exchanges, merchants, gambling and dark markets.
legendary
Activity: 1204
Merit: 1000
Bitcoin is a cipher—literally and figuratively. The crypto-currency conjures a William Gibson–esque panorama of dark web Tor servers, masked figures cavorting in Eastern European shipping containers, multibillion dollar South American cartel-laundering operations, gaunt college sophomores picking up Silk Road designer drugs at liberal arts–school mailboxes, and so forth. It's also an indicator of libertarian Silicon Valley utopianism where everyone pins their identity to the blockchain, eschewing the globalist banking Nanny State and spending the rest of their lives blissfully playing video games on a seasteader colony in international waters.

the article link

Wanted to see that video but seems that hackers put it down, "This video is not available."
From the article we see that bitcoin is mostly being used for illegal things, fake ids, gambling etc, which is a bad marketing for bitcoin.
hero member
Activity: 574
Merit: 500
Bitcoin is a cipher—literally and figuratively. The crypto-currency conjures a William Gibson–esque panorama of dark web Tor servers, masked figures cavorting in Eastern European shipping containers, multibillion dollar South American cartel-laundering operations, gaunt college sophomores picking up Silk Road designer drugs at liberal arts–school mailboxes, and so forth. It's also an indicator of libertarian Silicon Valley utopianism where everyone pins their identity to the blockchain, eschewing the globalist banking Nanny State and spending the rest of their lives blissfully playing video games on a seasteader colony in international waters.

the article link
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