Unfiltered

Bitcoin Loved The Dark Web, But Now They Are Breaking Up

As established over the course of the recent posts on the idea of the dark web, all activity there is not illegal. This means a. not all activity is wrong and b. where it is wrong highly depends on the law and laws could be regressive all the times, c. sometimes the bad stuff finds itself a place and just somehow a small portion of the activity happens to be on the dark web.

Now you can buy drugs on the dark web and with coins such as the pot coin but, hey, guess what, you can get yourself some drugs in the real life economy using fiat cash as well! And the numbers are far more high in the fiat currency realms than they can ever be for bitcoin. Encrypted but transparent, the nature of bitcoin makes it easy for the coin to be monitored even when somewhat anonymous, the whole issue around governing it is centered around the fact that Bitcoin is a new concept, been 9 years but cryptos still are. At first the governments did not take it seriously enough, then they became too shocked and then too agitated. Here is the funniest part, they have still yet to find out how to deal with this ever so growing giant.

It is a currency, a fiscal and monetary tool if you will, you can maneuver it to manhandle your economy. It is as simple as that, but this dark web problem is used to cover up the great shortfalls of various global law makers and policy influencers to contain this wildfire activity.

Bitcoin is too volatile, like any currency would be, but demand has to be dynamic to be self adjusting, basic economics but thinkers who oppose cryptos can not let it go because of their minds being rooted in the traditional debitage of yester-economies and the nostalgia of 2008.

Even though the truth is that Bitcoin has been a ray of hope for people to save economies from the likes of the housing bubble and unemployment recessionary waves. The currency changes so much because now banks are out of the equation, it is you and your finances face to face!

Banks fear the loss of huge business and the global trend to cut the middle men, this has also cause a lot of drama for the cryptos, until the time this year and also in the ones before that cryptos began to impress these banks and they wanted to become intermediaries yet again once more!

Whether the banks make it or not, whether governments like it or not, whether criminals love it or hate it, the crypto use and sphere is only expanding by the day. And this is the anti-thesis of all anti-change people who love to comment, curtail and cauterize.

Khunsha Javed

A Filmmaker, PR enthusiast & Editor of BlockPublisher-Unfiltered. I like things that make my brain tingle. Email: khunsha@blockpublisher.com or editor.unfiltered@blockpublisher.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.