Hearn: The resolution of the Bitcoin experiment
Hearn: The resolution of the Bitcoin experiment
Posted Jan 18, 2016 18:12 UTC (Mon) by Cyberax (✭ supporter ✭, #52523)In reply to: Hearn: The resolution of the Bitcoin experiment by spaetz
Parent article: Hearn: The resolution of the Bitcoin experiment
Do you have problems with logic? The fact that there are SOME legitimate businesses does not mean that most of the transactions are legal.
The state of Bitcoin is summed up here: http://www.coindesk.com/5-facts-from-the-q3-2015-state-of...
> Let me trump yours: Here is my estimate: 92% of all cash transactions are funneled through illicit businesses. There you go: By some estimates, the illicite bussines are responsible for more than 91% of all cash transactions. Beat that :)
Let's eliminate cash, then.
