Topic: I have a feeling Bitcoin and its Black markets are going to be like old Russia. (Read 963 times)
September 03, 2012, 06:39:28 AM
Welcome back Atlas
September 03, 2012, 04:41:49 AM
The various dissident enterprises that form from the Bitcoin underworld
the vodka case at the end, the mob wasn't stealing it. they were buying it, transporting it and selling it without paying the import duties. the reason it was so profitable to the mob was because of the oppressive taxation of a popular consumer good. if the taxes were low the mob would never have even bothered because it is more expensive to ship grain alcohol across the atlantic than it is to distill and produce it not far from where the ingredients are grown.
the mob became a profitable enterprise because of the restrictions imposed by the state, and the mobsters were the only ones countering it.
September 02, 2012, 11:33:45 PM
That's exactly how it works. Corruption at the top causes the the bottom to rot as well.
September 02, 2012, 10:55:40 PM
The various dissident enterprises that form from the Bitcoin underworld will eventually overthrow those in power bringing things back to equilibrium.
I have a feeling you're not far wrong.
September 02, 2012, 10:27:52 PM
The various dissident enterprises that form from the Bitcoin underworld will eventually overthrow those in power bringing things back to equilibrium.
http://www.youtube.com/watch?feature=player_detailpage&v=QAJwINlqvyI#t=987s
http://www.youtube.com/watch?feature=player_detailpage&v=QAJwINlqvyI#t=987s
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