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Topic: is the only point of bitcoin drugs?? (Read 6467 times)

sr. member
Activity: 433
Merit: 250
BTG CEO
January 11, 2015, 03:23:14 PM
#55
No you can pay a hooker in Bitcoin, finished by the time it confirms Cheesy
legendary
Activity: 1246
Merit: 1000
January 11, 2015, 02:29:39 PM
#54
cause if it is.  i think we should stop fighting.  and use the US dollar instead..

At first, I tried to see if this was a necro-thread which had been bumped up.
Might have made sense to discuss this in 2013, not so in 2015.
legendary
Activity: 1344
Merit: 1000
January 10, 2015, 10:24:42 PM
#53
cause if it is.  i think we should stop fighting.  and use the US dollar instead..

this is from the usual bunch of social rejects that post these types of threads
full member
Activity: 411
Merit: 100
January 10, 2015, 10:10:46 PM
#52
i cant beleive things like this, this question is abstract, because:

  • can you tell me how many drugs have been buying with usd?
  • or how many weapons?
  • or how many corrupt politicians have been payed?

etc etc etc... and i dont see anybody saying that usd is bad because of that, i think that ppl who made those questions only want to fu*k BTC and are really scared about the potencial of the BTC.

Let them continue with this stupid war, they already loose it...

Yes but it is mostly a question of the % of the currency used for illegal activity. The percentage of % used for drugs is very low.
The percentage of bitcoin related transactions used for illegal drugs is higher then the percentage of transactions used for illegal drugs with dollars. However the overall value value of the illegal transactions used for dollars greatly outweighs that of bitcoin
hero member
Activity: 1022
Merit: 500
January 09, 2015, 03:55:02 PM
#51
i cant beleive things like this, this question is abstract, because:

  • can you tell me how many drugs have been buying with usd?
  • or how many weapons?
  • or how many corrupt politicians have been payed?

etc etc etc... and i dont see anybody saying that usd is bad because of that, i think that ppl who made those questions only want to fu*k BTC and are really scared about the potencial of the BTC.

Let them continue with this stupid war, they already loose it...

Yes but it is mostly a question of the % of the currency used for illegal activity. The percentage of % used for drugs is very low.
legendary
Activity: 1401
Merit: 1008
northern exposure
January 09, 2015, 10:08:34 AM
#50
i cant beleive things like this, this question is abstract, because:

  • can you tell me how many drugs have been buying with usd?
  • or how many weapons?
  • or how many corrupt politicians have been payed?

etc etc etc... and i dont see anybody saying that usd is bad because of that, i think that ppl who made those questions only want to fu*k BTC and are really scared about the potencial of the BTC.

Let them continue with this stupid war, they already loose it...
hero member
Activity: 518
Merit: 500
Hodl!
January 09, 2015, 09:33:51 AM
#49
I am of the opinion that active pedos are rapists pure and simple. However, when the only outlet at all is child rape, then society is failing those encumbered with this "mental" problem and their victims.

While society is definitely failing their victims, I have absolutely no sympathy for rapists and child molesters. I don't care what kind of "mental" problem they have.

Well I put mental in quotes, since psychotherapy is the only "treatment" which if pedo is a hardwired sexual orientation might be as effective as "praying the gay away". It's possible that it could be effective in the situation of an abused child becoming an abuser though.

I think we only have studies done on actual abusers, which is something of a problem, since to my mind there could be three classes, "hardwired", "abused" and "amoral psycho who just didn't care victim was a child". 3rd class there is a complete wildcard, hopefully rare, no measures will be effective. However, within the first two classes, we just don't know how many turn into actual abusers, and how many are possessed of enough self control and social responsibility never to act on the urges they have. What I would expect, is that if victimless material is available, more of them would be empowered to self regulate vs the sealed pressure cooker effect. Possibly the second class, could "work through their demons" themselves somewhat. Which may be necessary, because I have heard that in some areas, it's impossible to get "treatment" for pedophilia, without actually being convicted of doing the act. Anyway, we've practically made pedophilic tendencies a "thought crime", you have those thoughts, you are evil, hammer that idea home long enough and someone cursed with it will have their ego shatter and reconstitute itself with "Yah, I'm evil then, so what, means it's not my fault, can do what I want". You can see where that leads. I would think the better message to be "Acting on those thoughts is evil"

Anyway, hauling it back round to how bitcoin might have anything to do with that, is, if tightly repressed as a "thought crime" in all regards, those with pedo tendencies might have a high chance of "blowing up" and acting, say 50%. If instead allowed victimless outlets,  art, sex dolls, stories, that bitcoin might allow them to buy without stigma, then the chance of acting against a child may be significantly reduced, say down to 10%. If in the random course of life, I knew my children were 10% likely to come across a pedo, I would far rather that it then be 1% likely that he harmed them, than 5% likely... Whatever the figures may be, bigger figure bad, smaller figure better. Since child abuse may have a snowball effect if unchecked due to some abused becoming abusers, even small reduction is going to be very beneficial in reduction in future generations. While I would find it distasteful if a public figure was outed as having a child sized sex doll, I would be hopeful that meant that that had kept him a functioning respectful contributor to society otherwise, and not an active abuser.

All in all, we either have freedom of expression or we don't. If "just this one thing" is a thought crime, pretty soon it will have company. To be completely clear for those who might get all emotive and go off on one, I am not advocating child abuse, photos using actual children or anything like that. Why do I seem to be engaged in the topic? Well let's just say that circumstances occurred several years ago where I had to do a hell of a lot of real world practical thinking about it.
member
Activity: 64
Merit: 10
January 09, 2015, 08:45:56 AM
#48
Bitcoin has a multitude of purposes but personally I like that it was first adopted by drug dealers and people who want to buy drugs. If you want them you should be able to buy them and the government shouldnt be able to stop you.
hero member
Activity: 1022
Merit: 500
January 09, 2015, 08:37:54 AM
#47
The point of Bitcoin is to have a decentralized mean of payment and store of wealth. It is working well and adoption is increasing.
full member
Activity: 137
Merit: 100
January 09, 2015, 07:56:46 AM
#46
What about child pornography gangs? I don't think there are any, but honestly, I've never seen an actual drug gang either. -Or pimps for adults. Pimps are usually violent in movies -- well, not porn movies, cause porn studios have a reputation to uphold, obviously. .... Roll Eyes

I don't know where you live, but I spent most of my life living in and around Los Angeles and I can assure you, drug gangs and pimps exist. Before I moved out of the city and into a more rural part of the So Cal desert I'd see them all the time. When I was a kid there was a drive-by shooting in my neighborhood at least once a week, all drug related gang activity. Child pornography gangs, on the other hand, are something I've never seen or heard of.

I am of the opinion that active pedos are rapists pure and simple. However, when the only outlet at all is child rape, then society is failing those encumbered with this "mental" problem and their victims.

While society is definitely failing their victims, I have absolutely no sympathy for rapists and child molesters. I don't care what kind of "mental" problem they have.

In as much as bitcoin supports victimless freedom of expression and victimless freedom of lifestyle, I support bitcoin's enabling of those.

+1

That reminds me of the guy who put his DNA sequence on some kind of blockchain...  In the future, I'd guess assassins could send you DNA proof in the form of something much smaller than a severed head which you could compare against their public DNA sequence. ..... .... You know, with that DNA sequencer you had made up at the local bitcoin-accepting 3D printer rental outlet at the strip mall.

Please tell me you write SciFi and have several novels available already!

If you don't, then please start writing today.  Bitcoin's concepts offer up some areas of thought that even Arthur C. Clarke couldn't have thought of.

+1 again, I'd buy that book.. and probably the movie too.
full member
Activity: 127
Merit: 100
January 09, 2015, 07:00:24 AM
#45
That reminds me of the guy who put his DNA sequence on some kind of blockchain...  In the future, I'd guess assassins could send you DNA proof in the form of something much smaller than a severed head which you could compare against their public DNA sequence. ..... .... You know, with that DNA sequencer you had made up at the local bitcoin-accepting 3D printer rental outlet at the strip mall.

Please tell me you write SciFi and have several novels available already!

If you don't, then please start writing today.  Bitcoin's concepts offer up some areas of thought that even Arthur C. Clarke couldn't have thought of.
donator
Activity: 1218
Merit: 1015
January 09, 2015, 01:00:22 AM
#44
-Or the assassin market. How many people wanted to hire assassins but were assassinated upon payment before crypto-escrow? I bet more than one.

Someone needs to start a legitimate darkmarket for this. I'd have the OP killed...but probably only receive "proof" photos from an FBI agent.
That reminds me of the guy who put his DNA sequence on some kind of blockchain... In the future, I'd guess assassins could send you DNA proof in the form of something much smaller than a severed head which you could compare against their public DNA sequence. ..... .... You know, with that DNA sequencer you had made up at the local bitcoin-accepting 3D printer rental outlet at the strip mall.

Or maybe the government "assassins" would just synthesize matching skin samples in the FBI vat labs. Shocked ETA: To clarify, the latter definitely doesn't exist. No, sir.
legendary
Activity: 4396
Merit: 4755
January 08, 2015, 07:31:19 PM
#43
The world market for drugs is $6 trillion.

The Bitcoin market cap is $4 billion.

If Bitcoin was only used for drugs Bitcoin would only make up .07% of all of the drug trade.

If Bitcoin was used more than other currencies for drugs (>51%), every Bitcoin would be worth $230,000.

$6 trillion? I don't think so. It's around $400 billion

valence your talking about the legitimate pharmaceutical companies... which are estimated at $400 billion
http://www.who.int/trade/glossary/story073/en/

as for all illegal trade that happens in the streets of red light districts, under developed cities like detroit, etc.. the illicit trade is much more.

but the amount of trade on online blackmarkets such as silk road was much much much smaller then real world trade.

and then when you compare the fact that blackmarket trade of drugs was mainly on 1 website. and the fact that there are over 100,000 legitimate business selling legitimate products and services for bitcoins on their own websites.. you will all come to realise that bitcoins drug stigma is less intoxicating than you think.

but of course media spoonfeeding you lies always out wins the truth because the truth involves people actually researching, rather then just watching tv

newbie
Activity: 28
Merit: 0
January 08, 2015, 04:31:23 PM
#42

If Bitcoin was used more than other currencies for drugs (>51%), every Bitcoin would be worth $230,000.


Then imagine your wallet with 10 or 20 BTC Cheesy
newbie
Activity: 3
Merit: 0
January 08, 2015, 03:33:35 PM
#41
Nah there are plenty of uses. It's magic internet money.
sr. member
Activity: 560
Merit: 250
January 08, 2015, 03:14:51 PM
#39
Gambling credit Smiley
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
January 08, 2015, 02:34:08 PM
#38
I recall a similar debate when Bittorrent got started.

There were several people who would not use it because it was being used to send child porn.

Bittorrent is still going so I guess it was not boycotted by everyone.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
January 08, 2015, 02:06:18 PM
#37
Sure, if we can agree that the only point of dollars is violence.
sr. member
Activity: 252
Merit: 250
January 08, 2015, 02:05:31 PM
#36
Being able to do something illegal and get away with it shows that the currency would even be useful under a tyrannical government.

OK, score one.  Good point.

But it's still a very bad idea for bitcoin to be known as the medium of exchange for illegal drugs.  It's like painting a bullseye on it and daring Congress to outlaw, regulate or tax it in some very egregious way.

Bitcoin enables freedom.  But a lot of lawmakers and policy makers hate freedom and don't need much excuse to curtail it anyway they can.

Surely this is one of the major problems of Bitcoin. Difficult to solve.
But think on the bright side, with Bitcoin you break boundaries and shun corrupt governments
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