Post
Topic
Board Economics
Re: Global economy has made a disappointing start to 2015
by
techgeek
on 29/04/2015, 22:37:09 UTC
it seems that every years is getting worse, now with ISIS bitcoin will suffer too, because they are using it as a payment, which mean more dumping

euro is falling, while usd gained something, so not everything seems to decline

you shouldnt be too pessimistic here. its not as if silkroad was non-existent there will always be some form of illegal transactions used with bitcoin, thats pretty much given based on human history.

you see that not only in bitcoin, but in fiat money as well, so I dont get your point.
This is common that people are being pessimistic about economy everytime we don't see any rapid economic growth, there is nothing wrong with a little economic stagnation. And that news with ISIS using bitcoin as payment method is overhyped by the media and everybody are repeating this over and over again. And we don't know the scale of this. It is probably much less than we expect.

I feel like this whole labeling ISIS is more of a political play for the longest time, keep on labeling things as terrorists.

I just saw a documentary on Vice not long ago on how terrorists are recruited and its often their own farmers since they cant even make money from their land. Forced to join, but it showed how poor they really are.

Id assume the main bitcoin ISIS users would be the people who are at the top selling these guns to neighboring countries.