What’s the difference between the black market and the “white” market?


Some days I daydream this:

I open my bankname.com account, click to view my investment accounts, and toggle “View Black Markets” to “on”.
The investment (and feature) possibilities could be placing bets on fights and games, investing in fighters or athletes, trading futures on drug prices, or a kiva-funds-death-and-destruction section I could offer loans to military groups, unlicensed/unapproved business ventures, pirates, pornographers, maybe drug-runners.

I often wonder if there will be a future when what we now consider the “black” market is an arcane term of the middle days of human civilization worldwide. Years after the major world governments legalize narcotics in favor of regulating them and stealing the power from druglords. Years after we still look like ourselves now. It would be fun to see that.
Maybe that’s why I keep daydreaming it.

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