
“The FBI admitted that Silk Road vendors provided high quality drugs. And the prices were far below the street. Based on advanced Internet technologies, it was able to create a protected market that kept money out of the hands of violent street gangs and international criminal syndicates. It also protected buyers (lots of US citizens) from the poisons that adulterate street drugs. If it had grown large enough, Silk Road, or a collection of similar online services, would have begun to seriously challenge the revenues of local and international mobsters on a scale that the war on drugs has consistently failed to do.”
http://www.zdnet.com/silk-road-and-the-potential-to-disrupt-a-truly-evil-industry-7000021498/
Related posts:
China's banks imperiled as property binge fuels mortgage fraud frenzy
Why Does The Government Treat Immigrant Kids Cruelly? Because It Can
Miami, Okla., police officers, OHP trooper sued in excessive force case
Aussie car start-up hits the road with Bitcoin
Seven killed, hundreds injured in new round of dueling protests in Egypt
Egypt’s army threatens to ‘intervene’ if unrest continues
Judge sets $10,000 bond for cop, former deputy and civilian accused in cocaine payoffs
A Finicky Thief of the Finest Silver Is Arrested Again
Jamie Dimon labels bitcoin users 'stupid' as price heads to $10,000
Iran Tanker Owner Seen Expanding Fleet by IHS Amid Sanctions
Federal court rules Facebook ‘Likes’ are protected by First Amendment
FBI: Louisiana woman staged racist attack
Maduro’s ‘occupy retail’ cry comes as Christmas gift
Majority of Dutch also want referendum on EU membership
More Americans Want Less Strict Gun Laws