Yes, this is based solely on the illicit drug market. It is basically pricing it as if there were no other use cases or adoptions for the coin
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Yes, this is based solely on the illicit drug market. It is basically pricing it as if there were no other use cases or adoptions for the coin
The illicitness would mean a massive crime across the globe. I believe that just like gold or other pegged fiat currencies. This has come into being but internet based hence its value is realized through the exchange conversion widely acceptable.