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"Now in the past 2 weeks we've seen its value appreciate by 50%"

Wouldn't surprise me if it crashes again after Burning Man.




What do you think burning man has to do with this?


Allegedly people do a lot of drugs at Burning Man, and one of the popular uses for Bitcoins is purchasing drugs without the traceability of a credit card.


I think that you're dramatically overestimating the amount of drugs that people do at burning man.

On top of that: if you're bringing drugs to Black Rock City, you probably do drugs in default world anyway, and have a dealer back there for them.


I'm not estimating anything. I'm just explaining what was most likely meant by the reference to Burning Man.




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