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Crypto was good for blackmarket transactions.


Still probably is!


Not now that companies like chainalysis exist: the transactions are on a public ledger. Monero was designed for private payments, and its value hasn't exploded like Bitcoin or Eth...


People this uninformed are somehow the vocal majority of blockchain talk on HackerNews. What a seriously embarrassing misconception which demonstrates ignorance on a fundamental level.


I've been in this space since very early on. I've yet to see another problem that crypto solves other than pseudo anonymous transactions, mostly valuable in the black market space.


Wait, what misconception? That crypto is good for black market transactions? You assert that it isn't?




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