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Comment by aaomidi | Hacker News Reader

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aaomidi·

And Legalize drugs so crypto market dies off.

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Drugs are not the primary use case any more (if ever), time to move beyond that talking point to something credible.

There are other good reasons to legalize drugs

> Drugs are not the primary use case any more (if ever), time to move beyond that talking point to something credible

If you’re willing to dismiss the argument so vehemently, then it would also be good to follow up with a justification for your dismissal.

Aside from pure speculation, which is fine by me, I really don't know what else they're used for significantly.

What goods or services are regularly purchased in crypto?

Ransomware is the other big area where bitcoin is used for payment.

This I suspect is a large(st) use case, also NK (others?) may be using it to circumvent sanctions.

Bitcoin was as created to resist censorship— hence Wikileaks was able to raise money after visa et al banned them. It was created to resist debasement- as a result it maintains its value as inflation ramps up.

Thus you would actually not want to buy things with bitcoin, and instead spend rapidly depreciating USD.

That didn't answer my question at all.

Bitcoin is a tool for turning coal into evading CCP capital controls and financial repression, with the externalities of pollution and emboldening libertarians

The main crypto to goods and services market is drugs.

Everything else is a consequence of the value that family of transactions have added.

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