"Bitcoin is no longer considered a safe way to buy drugs."
This is not true. While it's not a good idea to waltz in naively and buy drugs without educating yourself, most people I know strongly prefer the dark markets to buying on the street.
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The big trend is that the hype has died and that people have largely stopped using Bitcoin for things that it is not really good at. Growth is up though. People use it for its strengths more, many more people have heard of it, and overall Bitcoin is seeing a lot of traction.
As Greece demonstrated, it's really nice to be in control of your money. At current volatility, Bitcoin is more of a contingency plan than a savings strategy , but its core strengths are just as relevant as ever.
This is not true. While it's not a good idea to waltz in naively and buy drugs without educating yourself, most people I know strongly prefer the dark markets to buying on the street.
---
The big trend is that the hype has died and that people have largely stopped using Bitcoin for things that it is not really good at. Growth is up though. People use it for its strengths more, many more people have heard of it, and overall Bitcoin is seeing a lot of traction.
As Greece demonstrated, it's really nice to be in control of your money. At current volatility, Bitcoin is more of a contingency plan than a savings strategy , but its core strengths are just as relevant as ever.