Bitcoin Black Market Competition Heats Up, With Pro Marketing And Millions At Stake

Bitcoin Black Market Competition Heats Up, With Pro Marketing And Millions At Stake

“Watch the cheery video ad for the latest dark-web drug marketplace today, and you’d be forgiven for thinking it was selling a service as mainstream as online dating or car insurance.  Atlantis, which launched in March, is poised to take on the Silk Road, which remains by far the biggest drug sales site, with close to 60,000 unique visitors a day by one researcher’s rough measure and $22 million annual sales according to a study last year. Both run on the anonymity service Tor to hide the location of their servers and the identities of any visitors to their sites, and both accept Bitcoin to avoid having their transactions tracked through bank records.”

http://www.forbes.com/sites/andygreenberg/2013/06/26/bitcoin-black-market-competition-heats-up-with-pro-marketing-and-millions-at-stake/

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