29 Jul '12, 12am

A very good article on my fave topic - The Silk Road Report | Bitcoin Magazine

A very good article on my fave topic - The Silk Road Report | Bitcoin Magazine

So far, there have been no reports of anyone being arrested as a result of Silk Road activity, and there are good reasons to believe that while the DEA may find Silk Road worth keeping an eye on, they are not actively attempting to identify buyers or sellers. As one Silk Road user, vlad1m1r, who confines himself to the strictly legal activity of selling bitcoins in exchange for cash in the mail in the UK, writes, “I find it implausible that they are monitoring it on a daily basis as it’s simply not an effective use of resources due to the anonymous nature of the Tor network and the use of GPG encrypted messages to exchange personal information. Users occasionally speculate that this vendor or that may be LE (Law Enforcement) but I doubt very much that a Police officer would sell drugs in order to make arrests as this would be textbook entrapment.” The last claim, that a po...

Full article: http://bitcoinmagazine.net/the-silk-road-report/

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