Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Right but if that's all it can be used for, it will eventually settle into a value below its equivalent dollar amount

That I agree with actually! Part of its utility in being used for drug purchases comes from the other uses for BTC meaning that theres liquidity. Without that, it's still useful for black market transcations, but less useful than it is today.



Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: