All white market transactions are irrelevant when it comes to permissionless money because they are all permissioned.
Regulators can set any arbitrary rule on Bitcoin transactions there, up to, and including, banning them.
Black markets (AKA actual free markets), which darknets are a subset of, are the only real metric for Bitcoins value prop (permissionless transactions)
Bitcoin was the first mover and had the largest network effect on DNMs. That Monero is single-handedly taking over, despite that huge advantage, should tell you something.
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-06-30 17:27:00
in reply to nevent1q…248w
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2024-06-30 17:27:00Event JSON
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"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1719761220,
"kind": 1,
"tags": [
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"content": "All white market transactions are irrelevant when it comes to permissionless money because they are all permissioned.\n\nRegulators can set any arbitrary rule on Bitcoin transactions there, up to, and including, banning them.\n\nBlack markets (AKA actual free markets), which darknets are a subset of, are the only real metric for Bitcoins value prop (permissionless transactions)\n\nBitcoin was the first mover and had the largest network effect on DNMs. That Monero is single-handedly taking over, despite that huge advantage, should tell you something.",
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