Small businesses that only sells ethical products?
They will refuse to accept certain BTC with a history of being used to buy illegal or immoral goods.
2/🧵.
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Small businesses that only sells ethical products?
They will refuse to accept certain BTC with a history of being used to buy illegal or immoral goods.
2/🧵.
Why? They all accept cash that has been used for the same things and even have drugs physically on them. I doubt any of these will be an issue.
You really can't see a situation where 'tainted' Bitcoin, such as those linked to public wallets used by drug cartels, would be worth less than others?
I thought you, Mr Negativity himself, would 100% agree with this
You're a strange one.
Common sense is simply common sense. Did you know that most of our money supply has traces of cocaine on it? Priests still use it though.
I did.
But your cash doesn't have an easily accessible public ledger that traces the identities of which drug mule has used it to test his product.
As a result of transactions being private, cash USD is more fungible than $BTC.
I see what you're saying and I doubt BTC will become a main currency. #BTC is the start of something, but I'm sure it's hardly the final product. Without any real privacy, it's not ideal for freedom lovers.
I agree :)
No way, LMAO