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solumunustoday at 7:32 AM1 replyview on HN

This utility is what helps stabilise its value, but the side effect of that is that it is a good store of wealth. These two facts make BTC go up. People say Bitcoin isn’t used for anything when in reality it’s being used every day to store and move wealth between big financial players (many of them being organised crime). Why wouldn’t they continue using this useful technology and therefore why won’t its value hold/increase? Is it moral to piggy back off this? That’s for you to decide. It’s worth considering that many major banks have been involved with organised crime since forever…


Replies

npoctoday at 10:16 AM

You could also say that the bad guys are "piggy-backing" off the good people who hold it.

What should you do? Censor their transactions? Who gets to say who gets censored?

Like democracy, bitcoin is for everyone, including your enemies.