http://www.zerohedge.com/news/2013-...owing-us-government-seizure-silk-road-website interesting read, if you dont know what silk road is, google it + Forbes for a write up
pretty encompassing read here.. http://www.reddit.com/r/SilkRoad/comments/1nl7p9/sr_shutdown_fallout_discussion/
Ok, I don't have much time..will someone please tell me what this Silk Road site was? I feel like I missed out on something good here...will read link in full later. Disregard just read it couldn't resist.
Its amazing that Forbes estimated at the time that the Silk Road was earning between $30 and $45 million in annual revenue. seo agency dubai | hotelskualalumpur.org | plagiarism
Basically a black market website in which you could buy anything you wanted from weed to guns etc... They are now saying they think he used his own website to hire a hit man and kill a person that was trying to black mail him. This dude was a straight up evil genius! (with the exception of getting caught) It always happens that way.... the evil doers get greedy and that's when they get caught. They're reporting that he made well over $100 million with his website.
remember when they shut down nabster and then file sharing via torrents became the norm? More sites like this will pop up, but will be harder to shut down. maybe they wont be US based
ehh i don't know. ask the guys at atlantis how that went. the kid was kinda sloppy in how he handled his identity online. he used TOR/Onions sites but cros contaminated accounts with usernames that weren't as secure as they should have been.
No. This was a one time deal. You could buy guns, hookers, cocaine (in weight), hitmen and anything in between. And it was all "encryption" based. Thats a joke. The NSA rat just exposed the US government for basically knowing and monitoring EVERYTHING in the world. Phone call. texts, Emails. Everything. The website in question was so ambitious and so ahead of its time, that is the only reason it lasted as long as it did. They had this guys M.O. a while ago and finally took him out. This guy was a mad-man. Seriously. To think the U.S. government can't break your sh**y encryption is a joke. They can crack sh** in a few days where people think the algorythms would be running for years to break it. This is just the U.S. Gov not showing its hand. They say they caught him because of linkden accounts and crap. Not true. They found him a while back and finally struck. They sat there monitoring all the activity on that site for probably, a year or so. Checks and balances. They monitored this stuff until they got all they could from it and finally cuffed this idiot. I mean, this moron exposed a large percentage of the "underworld" by letting them think it was safe. If you think uncle sam just finally found out and shut it down, that is crazy.... The site became useless to them anymore and they stopped it. I mean, it had publicly cited how to vacuum seal drugs and weapons for delivery through the US postal service.... Remember how much money we spend on counter-terrorism... This site was the motherload... for IDIOTS. I mean really, you bought a hitman off the web? Its almost too ridiculous to be true. Im no conspiracy theorist, but I would not be surprised if this dude was staged by the feds to begin with. Talk about shooting fish in a barrel. Lets make a website that Drug dealers, pimps and murderers can use to conduct illegal business on a huge scale. Something was rotten in Denmark. for sure.,
while you seem to make sense, you cant exactly prove the hypothesis. Snowden may be a plant as well, where does then paranoia end? I have a really hard time seeing how copycats arent going to jump on this. Its kinda like saying since the neighborhood weed dealer got popped no one else will jump in the spot And bitcoin is still functioning, it didn't make a rollercoaster like this spring after the ECB grabbed all those cypriot deposits, it went from $40>$260>$100 in a week or two if I remember correctly
Like I said, I'm not ruling anything out. But to hear that a system like this was in place on American soil for so long is a big red flag to me. I just think generally, American citizens underestimate the power and corrupt capabilities of our government. No ones encryption, when publicly used is stronger than the .gov . I just think the story stinks of irony and this is just story. Uncle Sam doesn't let 10$ go untaxed so to think they say around while hundreds of millions were made and exchanged is unrealistic. Bit coin was just part of it. Shutting down but coin would be like penalizing PayPal if the mob was using them. I understand that part of it. Just saying that is super fishy
yea if you're the NSA or some other evil Acronym, Why shut a site like this down early?...sit on it for a while, monitor it, and let all the people you'd like to catch come to YOU...hell it was probably all CIA anyway... F%ck is the sh%t getting deep or what!?
Zach, You are right on for the most part I do want to say a few things.... 1) Up untill the mid 90's heavy encryption was considered 'military hardware/munitions' despite it being software, so one of two things happened, they couldn't keep the genie in the bottle, or they have methods of cracking everything...for that they would have to have a quantum computer, which likely doesn't exist yet And a 1024 bit key would take the combined computing power of the world several decades to break So I think the Genie/bottle route is correct, hence lava bit and cryptohippie being SHUT DOWN, they cant peek in and grab what they want, and privacy is being demonized these days 2) bitcoin is decentralized, impossible to 'shut down' due to thousands of copies of the blockchain (but can be made illegal, but so is (your fav substance here) )but people can be skeered and retreat from that method of exchange if its seen to not have the ability to trade for goods and services. Paypay is centralized and subject to the FINcen douches and totally able to be shut down while I get what you are saying, there is a bit of a difference making the analogy not apt 3) and the honey pot (if it was one) went for a while, maybe they had enough badgers in there to make it worthwhile to close.....and maybe they will start another one BBG it is getting deep, makes my head hurt, have a good weekend yall
silk road is back b!tchez http://www.zerohedge.com/news/2013-11-06/silk-road-20-has-been-born-new-website-mocks-feds
spying has a chilling authority on free speech.............so chilling you are scared to read something. there is something wrong with that
its not despite freedom, its that the freedom is an illusion, Frank Zappa said it best: The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.
