“The currency used on the site is called Bitcoin — a digital currency that makes it nearly impossible for authorities to follow the money trail. One Bitcoin currently converts to just over C$11. Christin suggested in his study that destabilizing the digital currency may be one of the only ways to take down the website. ‘It’s the only currency that is used there and it’s already fairly volatile,’ he said. ‘This is the type of thing that could potentially be an impediment to transactions taking place on the Silk Road.'” [Sorry, boys, but such coup d’état & financial manipulation tactics are so 20th Century…]
Related posts:
Trump Unleashes CIA Kill Teams In Afghanistan
Revel casino's bankruptcy threatens plans to make Atlantic City a gambling-plus destination
California Judge Throws Out Teacher Tenure
Hungarian savers say government is stealing their pensions
Puerto Rico in default after measly payment
Spain bans e-cigarettes in public spaces
Woman scams metal buyers out of thousands with fake silver bars
Parents Furious After Boys Suspended For Using Fingers As Guns
Craigslist has cost U.S. newspapers $5 billion
World Watches as Danes Venture Below Zero
Have Bitcoin To Burn? Next Stop Could Be The Farm
Japan Firm Told Workers To Lie About Radiation Dose
Police Chief Arrested After Soliciting Cop Posing Online As 14-Year-Old
Russians prepare to quit Cyprus; Northern European bankers descend
Jim Rogers: China to be most important country in 21st century