The War On Online Drugs Will Be Finally Won in 2340

The War On Online Drugs Will Be Finally Won in 2340

Andrew Barisser, one ofmy favorite Bitcoin opinion writers, has written a delicious short story set in a dystopian (but sadly plausible) future. It's the year 2340 and Silk Road 317.0, the infamous drug and thought-crime exchange website, has been shut down by United Earth Federation authorities. The story includes snippets of triumphant press releases and declarations, for example: "This is a final, conclusive win for law enforcement. The threat of free exchange between consenting individuals has been ended, for good this time." The tone and wording of the fictional statements are very,....


Related News

Report: Netherlands Dominates the Darknet Drug Trade

A new report has found that when it comes to selling drugs online, the Netherlands is one of the leading countries selling drugs through darknet vendors. The report, Internet-facilitated drugs trade [pdf] was undertaken by the Dutch justice ministry and looked at the size, scope, and the role the Netherlands plays in the online drugs trade. The role of the Internet as an avenue for people to utilize to buy and sell drugs first gained attention during Silk Road. However, even though it was taken down by the FBI in October 2013, it wasn’t long before replicas replaced it. According to the....

Spanish Resident Arrested for Selling Illegal Drugs Procured Using Bitcoin

Law enforcement authorities in Spain have arrested a man who was selling drugs procured from the deep web. Bitcoin and drugs are known to go well together. While there is some truth to it, the media has portrayed digital currency as the preferred currency for buying and selling illegal drugs, contraband and weapons. But again the definition of “Illegal Drugs” vary from place to place. The law enforcement authorities in A Coruna province recently arrested a man who was selling drugs over the internet in the region. According to the police, the perpetrator used to place online advertisements....

Darknet Purchases Increasing as Drug War Continues to Fail

Shopping for drugs on darknet marketplaces is growing despite authorities’ concerted efforts to shut them down, according to a new survey. The Darknet Lives. The Global Drug Survey 2016 (GDS) reports that almost one in 10 participants (9.3 percent) have purchased drugs on the internet at least once — up from 6.7 percent in 2015 and 4.5 percent in 2014.....

Why Financial Privacy Is About More Than Using Bitcoin to Buy Drugs on the Internet

When a random person on the street in the United States is asked about bitcoin, he or she will usually respond that it is some sort of internet currency used to buy drugs online — if they’ve heard of it at all. While bitcoin is far from anonymous and private in its current form, the desire for enhanced privacy features is not just about buying drugs from AlphaBay. In a recent presentation at the Coinbase headquarters in San Francisco, California, Monero developer Riccardo “FluffyPony” Spagni described a variety of situations where financial privacy is desirable outside of breaking the law.....

Juvenile Ran Online Drug Empire From Bedroom, Got Paid In Bitcoin

A German court has sentenced a young man to seven years' juvenile detention for running a multi-million-euro online drug business from his bedroom in his mother's apartment, according to The Guardian, the London, U. K. -based newspaper. The man sold nearly one ton of drugs on the Darknet and the open Internet, taking payment in bitcoin and delivering drugs by registered mail. Police described the operation as highly sophisticated. The man, referred to as Maximilian S, rented computer servers in the Netherlands and used IP addresses throughout Germany. He also encrypted his email, took....