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2026-06-01 13:14:43 UTC
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Brie on Nostr: 1) the number of dark market tx that Bitcoin is involved in does not define whether ...

1) the number of dark market tx that Bitcoin is involved in does not define whether Bitcoin is a black market mechanism… but let’s just concede your point and say it did… are you the saying the recent Iran + Straight of Hormuz situation was a white market situation?

2) now that I’ve let you have your point let’s dismantle the very idea that allowed it to flourish… Bitcoin is a black market mechanism by the nature of its decentralized, rational marketplace that serves the function of its permissionless, censorship resistant design

When a miner attempts to censor a tx the fee on that tx rises and a value prop is created in that moment… the user is faced with “either I value this tx enough and I pay the higher fee and prioritize this push through or I slow roll and eventually another economically rational miner pushes the tx through and it eventually makes it into a discovered block” - either way, the tx WILL EVENTUALLY verify SO LONG AS it is not a double spend

A permissionless mechanism (like Bitcoin) cannot both be a white market mechanism AND permissionless… these terms are paradoxical thus it is black market money by its very inherent technological function

I didn’t make the rules but the people I’m near directly quoting actually did… ask your boy who created most of the monero darknets 👀 I’m sure he’s watching

3) if you’re still using the darknet to make black market tx in 2026, you’re playing with fire and probably are operating on borrowed time

Again, I didn’t make the rules… the panopticon did