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> but you can’t trade anywhere

Just trade on all the other less regulated exchanges. Or localbitcoin. Or, you know, buy stuff.

> and speculation is crypto’s only use case today.

Or you buy stuff... For example:

* Webhallen (huge Swedish online shop)

* scan.co.uk (uk based computer online shop)

* purse.io (buy stuff from amazon)

* fastmail (emails)

* VPN/VPS/domains from various providers

* darknetmarkets



Why the hell would I buy Bitcoin to buy stuff on Amazon through a proxy site that sells my BTC for me instead of just... buying on Amazon like a normal person? BTC will be way slower and more expensive than just using my credit card... Plus Visa will refund me in the case of fraud.

Like I side, speculation is the only thing you buy BTC for (moon!!!111), and the exchanges will prevent you from doing this if you are related to blacklisted accounts.


> Why the hell would I buy Bitcoin to buy stuff on Amazon through a proxy site

Because they give discounts up to 15%.

I'm sorry it doesn't fit your narrative but there are reasons to prefer cryptocurrencies.


Like a lot of the crypto currency space purse.io is shady and likely promoting thinly veiled money laundering.

Ask yourself if the discount is worth the risk of experiences like this:

https://www.reddit.com/r/Bitcoin/comments/4zczow/my_experien...


15% sounds about right to offset the fraud risk, volatility risk, exchange fees, network fees, network congestion, transfer delays, fork risk, catastrophic bugs, and theft risk :)

We all have narratives, buddy. Mine just doesn't hinge on gambling and crypto-anarchic utopia.


Why are they giving such a big discount? The transaction fees are nowhere near that high. Could it be that they're reselling fraudulent giftcards?


> Like I side, speculation is the only thing you buy BTC for

You've ignored the rest of the list in the comment you’re replying to.


If they don't use the blacklist, will they get added to the blacklist? (Is it viral?)


Yes. This is what Chainalysis does, among many other things — track tainted coins that people are intentionally obscuring the origin of.




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