AlphaBay Comments on Bitcoin Congestion, Monero Adoption and Zcash Possibilities

AlphaBay Comments on Bitcoin Congestion, Monero Adoption and Zcash Possibilities

While Silk Road popularized the industry back in 2011, AlphaBay is the now the most widely used darknet market in existence. Usage statistics are hard to come by when it comes to Tor hidden services, but in an interview with Deep Dot Web earlier this year, the site’s head administrator claimed many vendors from the now-defunct Evolution marketplace have moved over to AlphaBay. The popularity of AlphaBay is also obvious on the darknet markets subreddit, a popular forum of choice for those who shop on the darknet. Bitcoin Magazine reached out to AlphaBay to get their thoughts on Bitcoin....


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Quotes

So the Bitcoin experience gives us a glimpse of Libertarian paradise: What life would be like with as little government interference as possible, in a market free of burdensome laws and taxes. Unfortunately, that experience looks like a total nightmare. It's characterized by radical instability, chaos, the rise of a boss-class of criminals who assassinate people they don't like, and a mass handover of wealth to a minority even smaller than the 1% that currently

Jim Edwards, Founding editor of Business Insider UK