As soon as you make it illegal the blackmarket and other countries will look at it with further interest. Making weed illegal and all of the money that was spent on that really did wonders. Feds burn our money in stupid things all the time and when an alternative is found they decide they want to stamp it out? Revolutions have been started for less. Even small and relatively peaceful ones can be very very

expensive.

but that is if it ever came to that. Hopefully it never does and hopefully an ingenious solution is created to make the concern null and void. Much smarter people than I will have to work on that sadly.

ganro: What's the margin of a drug dealer?

Grossly speaking here, what does it cost you to buy a kilogram of cocaine on the black market (wholesale), and how much can you sell a gramme of cocaine for to end users?

Helpfully, the UN have already compiled this data for us - I really would like to know how.

The "Euro-inflation-adjusted weighted* average, in 2017 Euro per gram" for 2017 comes to EUR 73

And for wholesale, EUR 37

Giving a gross margin of 49.3%

Now tell me, what would be the margin of a Monero dealer? What would the spreads be like?

that market will be blackmarket and blackmarket is the only freemarket!

seriously why do the UN compile a list of cocain prices in various countries

is there some guy there whose specific job description is keeping the list of which places have the best coke up to date?

newyearday: yeah but he wouldn't make any profit

Probably to measure the effect of various policies.

Possibly also to deduce changes in actual supply.

fair point

So how? Do they have a guy tasked with travelling around the world trying out their coke?

Do your government not?

I would expect data comes from many people, rather than one travelling.

Most of the governments are doing yearly reports, also the EU is doing one.

ganro: you're saying I could apply to be the coke guy?

So maybe they use government data. Government knows from police.

Good point. The police are always high since they tend to beat the wrong people, so they must know street price well.

yanmaani: Applyin in the first place loses you the chance for the job.

selsta: possibly, but how can they get the data for places like Mauritania? ($21,195,4/kg)

it seems like the data is from different sources

but I am still intrigued - it looks like they have several different samples

like I want to know how that study was conducted

Also it is fair to assume they their data is wrong or even falsified. Having faith in the state rarely pays off.

"Hello Sir, we are doing a government study, you wouldn't happen to know where I could buy some cocaine?"

"Sure, see your son".

They would buy the coke and test its purity. Maybe even get a wholesale cost.

"Oh."

ganro: right but do they like ask the study author's friends? that seems like it could get awkward fast

If anything the state sets the prices themselves

There is also things like legal drug testing in some countries. They also share their data on purity and price.

"We placed enquiries with informal associates of the authors of this study. In total, seven were issued, and two responses were obtained, for a response rate of 28.6%. We further analyze this discrepancy in Appendix B"

Also keep in mind there are plenty of 'illegal' drugs that are used in the manufacture of 'legal' drugs.

brb

I mean yes selsta it probably it is something mundane like that

but I want to believe there's one guy who travels the world with the stated mission of trying out coke for the UN

anyhow, drug margins are 50%, and a 50% margin for Monero means the spread is quite bad

clear

Is there an easy way to buy XMR using PayPal!

?*

paypal will close your acct if they find out you try to use it to buy crypto

so no, there are no easy ways

hello

Mr fluffypony how have you been sir?

Glad to hear. Take care

hello