How many of the early silk road users who were buying using btc for illicit purposes do you think retained any kind of stack?
or do you think most ended up like many early stackers that just sold when btc hit early ATHs?
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152 sats \ 2 replies \ @nullcount 10 Mar
Users who were forced to HODL by being put in a cage (for selling plants and other medicines) might even have more fiat gains than the users who were able to avoid imprisonment and sold the early tops.
One of my fav episodes of the Marty Bent podcast: https://pca.st/episode/ee1dfcf1-4504-4925-afdd-a5e7c7d0b07e
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0 sats \ 0 replies \ @stack_harder OP 12 Mar
nice, ill give it a listen!
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0 sats \ 0 replies \ @DarthCoin 10 Mar
yeah great episode
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65 sats \ 0 replies \ @Aardvark 10 Mar
More than a few I'm sure. At one point 1 btc was dust in a wallet.
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121 sats \ 0 replies \ @DarthCoin 10 Mar
There's no such thing as "Illicit purpose"...
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32 sats \ 0 replies \ @cointastical 11 Mar
Lots of accidental bitcoin rich out there.
I met someone who holds lots of bitcoin today after building a stash of $2 BTC, solely intended for use in settling up when unlucky on poker night.
Another I know of ... I bought BTC from someone who said the BTC was obtained years earlier when her company had gotten hit with ransomware. After missing the first deadline due to a exchange withdrawal delay, they just loaded up with like 3X what they ultimately needed to ensure that no matter what, they would still have enough BTC to regain access to their data. And they did get it. ... and a really nice stash of BTC that they held onto.
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32 sats \ 1 reply \ @k00b 11 Mar
A lot. Lots admit it openly already and I'm sure many won't admit it.
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12 sats \ 0 replies \ @stack_harder OP 12 Mar
i wouldnt admit it, but there would be signs lol
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14 sats \ 0 replies \ @OT 11 Mar
I think very few would have been able too keep any of that. Addiction plus the pump to $1k would have been mind blowing (let alone $20k, then $100k).
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