One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month #bitcoin #Tor

One Per Cent: Online shop Silk Road sells $2m worth of drugs a month

One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month #bitcoin #Tor

Jacob Aron, technology reporter (Image: Adrianna Williams/The Image Bank/Getty) New analysis of the anonymous online marketplace Silk Road suggests that purveyors of illegal drugs and other black-market goods are raking in the equivalent of nearly $2 million of Bitcoins per month, which is roughly 20 per cent of exchanges from Bitcoins to US dollars that take place on the online currency's main exchange, Mt. Gox . Try flogging narcotics on eBay and you will quickly be shut down, banned and possibly visited by your local law enforcement agencies. Silk Road gets away with its illicit trade because buyers and sellers can connect to the site only through the anonymising Tor network , also used by the likes of Wikileaks and political dissidents, and can make purchases using only Bitcoin. Security researcher Nicolas Christin at Carnegie Mellon University in Pittsburgh, Pennsylva...

Full article: http://www.newscientist.com/blogs/onepercent/2012/08/silk...

Tweets

@yom » 25 Aug '12, 5pm
Ⓢ One Per Cent: Online shop Silk Road sells $2m worth of drugs a month [link]
@denfri » 13 Aug '12, 10am
RT @astridmn: Tor-network bliver brugt til online narkohandel via Silk Road. [link]
@astridmn » 13 Aug '12, 10am
Tor-network bliver brugt til online narkohandel via Silk Road. [link]
@pro2rat » 11 Aug '12, 12pm
New Scientists road [link]
@wcserf » 08 Aug '12, 4am
RT @ChuckBaggett: One Per Cent: Online shop Silk Road sells $2m worth of drugs a month [link]
@HostelVegan » 07 Aug '12, 10pm
Online shop Silk Road sells $2m worth of drugs a month: Silk Road gets away with its illicit trade because buyer... [link]
@riotta » 07 Aug '12, 9am
RT @psaffo: Silk Road sells $2m/month of illicit drugs online - just like eBay or Amazon: [link]
@mollysnuffy » 07 Aug '12, 9am
RT @Talkingdrugs: Online shop Silk Road sells $2m worth of drugs a month [link]
@I_COM » 07 Aug '12, 9am
The black market and drugs trade gets an ecommerce platform [link] via @newscientist
@psaffo » 07 Aug '12, 5am
Silk Road sells $2m/month of illicit drugs online - just like eBay or Amazon: [link]
@ManifestStefany » 07 Aug '12, 3am
Online shop Silk Road sells $2m worth of drugs a month: New analysis of the anonymous online marketplace Silk Ro... [link]
@nc2y » 06 Aug '12, 8pm
RT @Ayy_Dub: @nc2y The article doesn't explain what security threats or risks #SilkRoad or #Bitcoin present. Can you elaborate? [link]
@Ayy_Dub » 06 Aug '12, 7pm
@nc2y The article doesn't explain what security threats or risks #SilkRoad or #Bitcoin present. Can you elaborate? [link]
@BitcoinOz » 06 Aug '12, 3pm
Online shop Silk Road sells $2m worth of drugs a month: New analysis of the anonymous online marketplac... [link] #bitcoin
@SingleTaxAnarch » 06 Aug '12, 2pm
RT @BitCoinReporter: Online shop Silk Road sells $2m worth of drugs a month - New Scientist (blog) [link] #bitcoin
@CryptoCurrent » 06 Aug '12, 2pm
Online shop Silk Road sells $2m worth of drugs a month [link] #cryptocurrent
@BitCoinReporter » 06 Aug '12, 2pm
Online shop Silk Road sells $2m worth of drugs a month - New Scientist (blog) [link] #bitcoin
@cliffsull » 06 Aug '12, 1pm
"@oscli: Online shop Silk Road selling at least $2m worth of drugs a month [link]"
@koshmarketolog » 06 Aug '12, 1pm
Про такие стартапы на саммитах не говорят. Почему-то. Online shop SilkRoad selling at least $2m worth of drugs a month [link]
@MattPotter » 06 Aug '12, 1pm
Interesting: how the online trade in #cocaine & other narcotics is limited by the volatility of the currency: [link]
@niallfirth » 06 Aug '12, 1pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@newscientist » 06 Aug '12, 1pm
One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@Trainsniffings » 06 Aug '12, 7pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@0NC3 » 06 Aug '12, 3pm
RT @BitCoinReporter: Online shop Silk Road sells $2m worth of drugs a month - New Scientist (blog) [link] #bitcoin
@TheMaher » 06 Aug '12, 3pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@TRAVi5TY » 06 Aug '12, 3pm
RT @BitCoinReporter: Online shop Silk Road sells $2m worth of drugs a month - New Scientist (blog) [link] #bitcoin
@kim_harding » 06 Aug '12, 3pm
[link] Online shop Silk Road sells $2m worth of drugs a month
@on_shop » 06 Aug '12, 2pm
Online shop Silk Road sells $2m worth of drugs a month - New Scientist (blog) [link]
@landfillpoet » 06 Aug '12, 2pm
RT @BitCoinReporter: Online shop Silk Road sells $2m worth of drugs a month - New Scientist (blog) [link] #bitcoin
@badjerry » 06 Aug '12, 2pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@NicholasAylward » 06 Aug '12, 2pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@eleztor » 06 Aug '12, 2pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@rpluvina » 06 Aug '12, 2pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@alfamale156 » 06 Aug '12, 2pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@Imy_K » 06 Aug '12, 1pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@falcos2012 » 06 Aug '12, 1pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@emp0wer » 06 Aug '12, 1pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@oscli » 06 Aug '12, 1pm
Online shop Silk Road selling at least $2m worth of drugs a month [link]
@aimperial » 06 Aug '12, 1pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@Praedor » 06 Aug '12, 1pm
RT @newscientist: One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor
@croor » 06 Aug '12, 1pm
RT @newscientist One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month [link] #bitcoin #Tor