I have to say… even with the Elon influence, I didn’t see that one coming. Ulbricht stole capital from the rich and enabled stuff including human trafficking considered evil by the religious right. But I guess he also stuck it to The Man, for which he is being rewarded.
And it was still quite literally used by 10,000’s of vendors to sell illegal drugs?
I dont think it would have even been a thing if it was as easy as you suggest to catch people selling drugs on it. Sure, with enough resources, a dedicated law enforcement team can likely bust a drug dealer using BTC; but like with most things involving drugs and Neo-liberalism, the prisons are all full, the police are underfunded and can only occasionally make token arrests and the people who arent low hanging fruit get in and out without any interaction with the police.
I have to say… even with the Elon influence, I didn’t see that one coming. Ulbricht stole capital from the rich and enabled stuff including human trafficking considered evil by the religious right. But I guess he also stuck it to The Man, for which he is being rewarded.
Human trafficking? Stealing from the rich?
He pioneered an online marketplace for drugs and also tried to have people assassinated (allegedly)
Human trafficking was not allowed. Not even CCs were allowed. Silk road didn’t let you sell anything that harmed others.
Also, how did Ulbricht steal from the rich?!?
If anything he made it easier for the rich to wash their money and buy ketamine
The site operated on bitcoin. How did it help people wash money?!? Bitcoin is more easily traced than cash. Its a public ledger
And it was still quite literally used by 10,000’s of vendors to sell illegal drugs?
I dont think it would have even been a thing if it was as easy as you suggest to catch people selling drugs on it. Sure, with enough resources, a dedicated law enforcement team can likely bust a drug dealer using BTC; but like with most things involving drugs and Neo-liberalism, the prisons are all full, the police are underfunded and can only occasionally make token arrests and the people who arent low hanging fruit get in and out without any interaction with the police.
He’s also partially responsible for why cryptocurrency has any worth at all.
Human trafficking is considered evil by everyone unless you’re a pedo/psychopath
now we know why he was pardoned
Did he human traffic? From what I read years ago he didn’t allow CP, fake passports, or other things he deemed “unethical”, broad statement I know
He did not. This is misinformation. He also didn’t sell drugs, other than maybe some mushrooms in the very first days