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Author Topic: You know what would bring about the destruction of Bitcoin? Underage pornography  (Read 2756 times)
gabgab
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June 06, 2011, 03:20:30 PM
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news of drug trade do not register on most people's mind, so when bitcoin is linked to that area most people just shrug their shoulders - they just think it is something that happens to other people.

but when something is linked to underage pornography, society gets very, very emotional (whether that is appropriate, is another debate).

sooner or later, if not already, bitcoins will be used by some people in the trade and making of underage pornography. and when that happens, expect bitcoins to be attacked with overwhelming forces by governments and law enforcements and lobby groups alike.

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a transaction fee.
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June 06, 2011, 03:44:38 PM
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news of drug trade do not register on most people's mind, so when bitcoin is linked to that area most people just shrug their shoulders - they just think it is something that happens to other people.

but when something is linked to underage pornography, society gets very, very emotional (whether that is appropriate, is another debate).

sooner or later, if not already, bitcoins will be used by some people in the trade and making of underage pornography. and when that happens, expect bitcoins to be attacked with overwhelming forces by governments and law enforcements and lobby groups alike.
Freenet is full of the stuff (unfortunately) and that the powers that be haven't yet cracked down on Freenet. Still flying below the radar? I don't think so.

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TraderTimm
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June 06, 2011, 03:53:10 PM
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I hear you can buy that stuff with dollars green toilet paper too.

Bitcoin will share the same problems that cash has, but at least it won't suffer under the same incompetent management. (Central banks, politicians, etc..)

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June 06, 2011, 03:58:21 PM
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news of drug trade do not register on most people's mind, so when bitcoin is linked to that area most people just shrug their shoulders - they just think it is something that happens to other people.

but when something is linked to underage pornography, society gets very, very emotional (whether that is appropriate, is another debate).

sooner or later, if not already, bitcoins will be used by some people in the trade and making of underage pornography. and when that happens, expect bitcoins to be attacked with overwhelming forces by governments and law enforcements and lobby groups alike.
meh

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June 06, 2011, 04:54:59 PM
 #5

The world market for commercial CP is rather small because it's, well, a "niche product", and most producers of CP are sadists who don't do it for commercial gain.

commercial CP will only ever constitiute a tiny, negligible part of the Bitcoin economy.

once the low-hanging fruit have been picked by law enforcement, CP trading is probably going to happen over extremely secretive darknets and friend-to-friend networks, where it's out of sight, out of mind, as far as politicians and mainstream media are concerned.

That's why I don't think it's going to destroy Bitcoin.

Also, there is probably tons of CP bouncing around the Tor network and that hasn't brought about its destruction.

GPG ID: FA868D77   bitcoin-otc:forever-d
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