Bitcoin is used by terrorists to fund their murder and kidnappings, child molesters their child pornography, drug heads their poison. The only practical use for bitcoin is highly illegal and immoral activity that no mainstream bank would want anything to do with for legal liabilities. But bitcoiners don't understand cost benefit analysis which is why many of them end up in jail or broke with a condo full of fried GPU's. Anything practical or productive done with bitcoin can be done with currencies (actual money) at 1/1000th of the transaction cost (or zero) and 1000X the security and fraud protection. Bitcoin, the currency for suckers and criminals, which one are you? Cheers!
hahahaha ... yeah .. like this quote ... sums it up very well ... the basic purpose for an anonymous currency (or even a semi-anonymous identity obfuscating currency) is to conduct illegal activity ... period ... you know it i know it everyone knows it , its inherently obvious to anyone who's not fucking stupid ... having known about bitcoin for the last 2 years and been involved in speculative trading over that time frame and having made money doing so , i personally have never bought a single item using bitcoin ... it's wayyyy harder to actually conduct normal purchase business with bitcoin than simply using dollars via plastic numbers or even bank transfers ... the value sub 100 was driven almost exclusively by the silk road (drugs, assassins, pedophilia, supporting of terrorism, whatever other depraved horrific shit one could want) and the runup from 100 to 1200 was accomplished by mtgox using a *billion* fake non-existent dollars injected into their fraudulent exchange to steal something to the tune of 650,000 btc over the course of two months ... nevermind the literally hundreds perhaps thousands of scams thefts and "hacks" aka inside theft jobs of services and exchanges that have involved bitcoin ... it doesn't have a black eye ... it's a stroked out blind deaf dumb paraplegic with full blown aids ...