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Silk Road: The Dark Side of Cryptocurrency
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A community for discussion of the history of & research on the now-defunct darknet markets Silk Road 1 & 2, and topics such as arrests of their users, Ross Ulbricht's legal case, the status of Blake Benthall, privacy etc. Post non-SR reviews, crypto or anonymity, or specific site questions to their respective subreddits. Noobs please check out our FAQ/sidebar before posting, as well as /DarkNetMarketsNOOBS. Attempts to purchase or or offer for sale product is *strictly* forbidden.
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
What happened to the rest of the Silk roads bitcoin?
I’ve looked for a few articles on this topic, but it seems only 144k btc were ever collected. The site collected 600k+ according to its back end? It’s stated that Ross Ulbricht, the guy found logged in moved btc a week prior to getting caught on another computer that’s never been found. I find it hard to believe this guy just had one or two stashes. Anyone have any legit theory’s not just conspiracy theories or is this guy just sitting on some massive hidden stash that neither he or his family can’t touch?
Silk Road operated from 2011-2013 and transacted BTC 9.52 million. Although darknet activity comprises only a minuscule fraction of Bitcoin volume in 2018, back when Silk Road rose to prominence, it has been speculated that a large amount of Bitcoin’s price rise and adoption was driven by illicit trading there. Bitcoin price plummets after Silk Road closure FBI struggles to seize 600,000 Bitcoins from alleged Silk Road founder Having seized 26,000 Bitcoins belonging to site users, authorities battle to ... Bitcoin gained a great deal of importance and attention when a web page called The Silk Road, that was shut down for illegality in 2013, initially showed up. This is a long long time ago. No web page is started or is inherently illegal, its services and what it offers may be though. Following Ross Ulbricht’s arrest in October 2013, Silk Road 2.0 was temporarily re-opened by administrators of the original site. Silk Road 2.0 survived for about a year until it too was shut down and the alleged operator arrested. Further iterations of Silk Road have appeared, as well as other sites offering similar services. Nearly six years later, an Ohio man was arrested Thursday on charges of trying to launder more than $19 million worth of bitcoin he allegedly earned via drug deals on Silk Road.
Silk Road Shut Down and FBI Bitcoin Bust - YouTube
On the Silk Road: the Dark Side of Cryptocurrencies In 2009, the mysterious and pseudonymous Satoshi Nakamoto launched Bitcoin, the world's first online cryptocurrency. Silk Road- the eBay for illegal things and more - has been shut down by the feds and the FBI is accused of taking millions of dollars in Bitcoins from site u... Check out this Crypto Rap Remix of "Old Town Road" by Lil Nas X ft. Billy Ray Cyrus - Performed by @Chris Record Raps! If you enjoyed this video be sure to s... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. The Silk Road Charter Silk Road is a global enterprise whose purpose is to empower people to live as free individuals. We provide systems and platforms that ...