posted by O-Trap

I think I might have just red-pilled this dude...
I swear, the people that buy into these crypto MLMs are some of the lowest-watt bulbs.

Hilarious.  And as with any "trading scheme for sale", if it actually worked would you be selling it for a few hundred bucks each?  No, you'd have it under lock and key in a hidden safe room secured by a retina scan :).

Friend's building had a maintenance guy that was heavily into crypto (around peak bitcoin)....Found out later he had been convicted of a couple of scams (after he ripped them off on a project).  So, sure, it has support for transactions from the criminal element, but not nearly enough for liquidity or a base for broader adoption.

posted by gut

Hilarious.  And as with any "trading scheme for sale", if it actually worked would you be selling it for a few hundred bucks each?  No, you'd have it under lock and key in a hidden safe room secured by a retina scan :).

Friend's building had a maintenance guy that was heavily into crypto (around peak bitcoin)....Found out later he had been convicted of a couple of scams (after he ripped them off on a project).  So, sure, it has support for transactions from the criminal element, but not nearly enough for liquidity or a base for broader adoption.

I actually have a friend who entered a contest a few years ago that was sponsored by B of A (I think ... it was one of the big investment banks).  It was for coding ForEx trading bots.  Top prize was some absurd payout, but B of A got to keep sole rights to the bot, and you bet your ass that thing's under lock and key.

Don't get me wrong, I was excited to see BTC jump so high in late 2017, and like Justin, I do still think there is the possibility for it to become an actual competing currency long-term.  Because of that dark web element (not all of which is technically criminal, for the record), there will always be SOME market for it, but it will definitely require a shift in the dominant consciousness when it comes to the privacy of transactions (distrust of banks and their oversight superseding the convenience factor, I'd wager).  Until then, the current system is just too convenient.