
“Over the last month, two of the dark web markets selling an anonymous, mail-order catalog of narcotics and other contraband have begun supporting darkcoin transactions. On a site called Nucleus, visitors can now use darkcoin to buy LSD, MDMA, and marijuana. On the competing market Diabolus, dealers accept it for cocaine, synthetic stimulants like ethylone and alpha-PVP, and even counterfeit Euros. Those two markets still represent only a tiny fraction of the growing dark web drug economy—most of which uses bitcoin exclusively. But darkcoin’s entrance could signal a new means of transaction in that underground industry, and one that’s far harder for law enforcement to trace.”
http://www.wired.com/2014/11/darkcoin-and-online-drug-dealers/
Related posts:
The U.S. blacklist of Russian oligarchs: what is the real impact?
Feds reveal the search warrant used to seize Mt. Gox account
Buffett to Berkshire Shareholders: Be Prepared to Lose Half Your Money
Decentralised Digital Asset Registers: Mastercoin
America Is a Tax Haven…and That’s a Very Good Thing
Russia may counter sanctions with foreign real estate ban for officials
The Government Plans DNA Tracking Of Those We Are Related To
Leaked paper: EU wants 'guaranteed' access to US oil and gas
"Justice" in Amerika: Two Years for Rape, Ten Years for Hacking
The UN Declares War on Katanga -- Again
Israeli Regulators Take “Wait and See” Approach on Digital Currencies
Bitcoin Goes to Washington
Google confirms critical Android crypto flaw used in $5,700 Bitcoin heist
Senator Patrick Leahy: ‘Our law is clear,’ U.S. must cut off aid to Egypt
State of Emergency Declared in Michigan City After Lead Found in Children’s Blood