Unpopular opinion: Those who use bitcoin to buy drugs online are doing more for bitcoin than the vast majority of HODL’s

I’m not the first person to say this and I won’t be the last, treating bitcoin as an investment and leaving it in a wallet for years at a time does nothing for the coin or the community. As much as it puts a bad taste in congressional mouths and casts a dark shadow on bitcoin, people who use it to buy stuff on the dark net are using bitcoin for its intended purposes

You know, as a currency?

Look, I get it, when you buy in at 10 grand you don’t want to buy a hotdog with bitcoin at 4 grand, everybody’s afraid of becoming the next million dollar pizza. But putting the coin in a wallet and doing nothing accomplishes nothing (except for added anxiety)

disclamer I’m not advocating for using bitcoin to buy illegal goods, just stating my thoughts on the matter

submitted by /u/Afrochiken
[link] [comments]
Bitcoin – The Currency of the Internet

Erik Voorhees: “Roger – please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn’t. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.”

Erik Voorhees: “Roger - please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn't. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.” submitted by /u/eragmus
[link] [comments]

Bitcoin – The Currency of the Internet

Majority of US States Has Taken a Stance on Bitcoin and Blockchain (news.bitcoin.com)

Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and the levels of engagement with the underlying technology.
Also read:

Bitcoin

Erik Voorhees, THE MAJORITY OF CRYPTO USERS REFER TO THE AUG 1, 2017 FORK OF BITCOIN SIMPLY AS 'BCash'…NOT BITCOIN CASH. THE MARKET HAS SPOKEN. WILL YOU COMMIT TO REDUCING CONFUSION TO NEW CRYPTO USERS AND DO THE RIGHT THING BY CHANGING ALL REFERENCES F

u/evoorhees

Bitcoin

Study Finds Majority of ICOs Do Not Provide Adequate Information to Investors (news.bitcoin.com)

A study conducted by the University of Luxembourg Faculty of Law, Economics, and Finance, has concluded that the majority of initial coin offerings (ICOs) fail to provide critical information to investors.
Also Read: Fintech and Crypto Regulations Expected to Pass in Mexico on December 15th
The…

Bitcoin