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Raoul Pal: Cryptocurrencies Saving Economies from Monetary Meltdown? w/ Anthony ScaramucciBitcoin has two properties that make it perfect for black market dealing. First, users are anonymous. An item can be sold and purchased without each party. The police hoped that taking down online black markets would chase away criminals. But the amount of Bitcoin spent on illegal purposes has. The cryptocurrency market has diversified considerably over recent years. Bitcoin now shares the market with plenty of other coins, also known as altcoins.