Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: coinhunter on October 20, 2017, 10:12:44 AM
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Several month ago many of the cryptos were used as currencies, and mostly bitcoin and Monero.
They were used on the dark web, on marketplaces like alphabay, and before it the Silk Road
http://technews.techfact.org/post/163051106270/the-darknet-marketplace-alphabay-shutdown-and
http://technews.techfact.org/post/63076057938/silk-road-drug-marketplace-taken-down-and-founder
Now with main marketplaces shutdown, these cryptos are behaving more like stocks, which make it difficult to use them as currencies.
Because :
1- Owners will hesitate to use them, for fear of regrets in the future.
2- Businesses will hesitate to accept them due to high fluctuations.
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It's true, many entrepreneurs and business are skeptical about cryptocurrencies because of their volatility and uncertainty in the legal plan. Everything is so unpredictable that no one knows what will happen tomorrow with their price and their legal status. People engaged in business are accustomed to count and plan, and with cryptocurrencies it is difficult to do, at least for now.