On: Quorum – JP Morgan’s permissioned implementation o...

[csomar]

1. You have no definitive proof for that. If you do, please present it.

2. The amount of Futures contract in Okcoin is around $120million (that's not even capital, but the amount of leveraged futures). The total market cap of bitcoin is $12Bn which 100 times higher than that.

3. GBTC has a market cap of $190m with a 50% premium on bitcoin price. So clearly it's not only the chinese who drives the bitcoin price/economy.

[davidgerard → csomar]

I literally linked my reference. I found similar references. Lowest figure I've seen is 90% Chinese speculators.

edit: if you mean the drug usage as the next biggest: in 2014, darknet markets saw more use than all legitimate payment processors put together. https://www.usenix.org/conference/usenixsecurity15/technical...