“When you couple the eBay-style reputation engine with the relative anonymity of a black market, you get what we might call a ‘gray market.’ And that gray market allowed those determined to buy certain items — illegal drugs, etc. — to do so in a far, far safer way than ever before. Silk Road and dark websites like it remove commercial activity from the hands of violent cartels fighting over territory, from the gangland districts of US cities, and from dodgy dealings behind shady buildings. Second, in a pragmatic sense, the apprehension and sentencing of Ulbricht has not deterred these grey market entrepreneurs.”
http://fee.org/anythingpeaceful/detail/ross-ulbricht-fool-martyr-or-trailblazer
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Life in the Emerging American Police State: What’s in Store for 2014?
JPMorgan To Exit Foodstamp, Other Prepaid Cards Business
NSA; The Not Secure Agency
New exploit leaves most Macs vulnerable to permanent backdooring
Leaked Documents: U.S. Framed Syria in Chemical Weapons Attack
National Security Letters are now constitutional, judge rules
Math Advances Raise the Prospect of an Internet Security Crisis
The Horror Every Day: Police Brutality In Houston Goes Unpunished
Then They Came For the Prosecutors....
The Best Way to Profit From Private-Equity Crowdfunding
Liberty Dollar relaunches as silver-backed cryptocurrency
Write A House Is Giving Writers Free Homes In Detroit
Bank of Canada Holds Swiss, Dutch, Swedish Gold
Energy harvester that creates power from ambient vibrations comes to market
India Bank Adviser Proposes Regular, 'Surprise' Cash Bans