TLDR; The drug marketplaces are now using Monero instead of Bitcoin because of its proven privacy features.
As an old-timer I found this article's comparison to the early days of Bitcoin very compelling, if not perfect.
https://darknetbible.info/news/how-monero-replaced-bitcoin-on-the-darknet/
Posted by eXch-Affiliates
8 Comments
No paywall, but here is an archive copy for those who may not want to visit a website with drug related content:
[https://archive.is/9wma8](https://archive.is/9wma8)
This article is how I found out about bitcoin (which was posted to reddit all those years ago).
https://web.archive.org/web/20160407165324/http://gawker.com/the-underground-website-where-you-can-buy-any-drug-imag-30818160
The good old days. BTC could have changed the world.
tldr; Monero (XMR) has replaced Bitcoin as the preferred cryptocurrency on the internet’s underground due to its privacy-focused features. Unlike Bitcoin, Monero is untraceable, using ring signatures and stealth addresses to ensure transaction anonymity. It has become the dominant currency on Darknet Markets, where Bitcoin is no longer widely accepted. Despite regulatory challenges and exchange delistings, Monero’s demand and value have steadily increased, solidifying its position as a reliable and private digital currency for illicit and privacy-conscious users.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
So are the child porn marketplaces
Now?
I dont need absolute anonymity; just general. It’s something that should only be undone with a bit of effort.
I dont always agree with the law, and the same laws dont work for everyone. It’s complicated.
Now? Monero replaced Bitcoin like 8 years ago
What happened to the corporation that decided to attack Monero by using a fuck ton of hashrate? Was it successful or was it just FUD?