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re: Here's why Bitcoin is the future of money

Posted on 5/1/13 at 12:05 pm to
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 5/1/13 at 12:05 pm to
quote:

And don't give me the crap about it'll only be used for illegal activities.

It will be the cash-equivalent to today's shadow economy. The same one that has existed for 100 years.


Doesn't the shadow economy exist mainly for tax evasion, which is illegal?

ETA: Not saying that it's necessarily a bad thing. Doc Fenton raised some good points yesterday about the utility of a shadow economy. But the activity that drives it is still largely illegal no?
This post was edited on 5/1/13 at 12:08 pm
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
40061 posts
Posted on 5/1/13 at 1:05 pm to
Well, there's that part. Oops.
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