Bitcoin on the Dark Web: The Facts

Bitcoin on the Dark Web: The Facts

Bitcoin has been the de facto currency of the Dark Web - the 'hidden' Internet accessible only by Tor - since the pioneering marketplace Silk Road, the 'eBay of drugs', arrived in 2011. But just how much do we know about these new underground economies? Who is buying and selling - and what? Here's what available data can tell us about bitcoin on the Dark Web. Bitcoin on the Dark Web: the Facts


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Quotes

You'll hear the word 'decentralized' thrown around a lot when talking about Bitcoin. The reason for this is that Bitcoin is a decentralized asset that no one entity has control over. This might not seem important, but think about the people who live in places where that central entity that controls your currency is corrupt or unstable.

Melanie Shapiro, Founder/CEO of Case Wallet, PhD in Consumer Behavior