09 Aug '12, 2pm

The Silk Road Report: Part II | Bitcoin Magazine

The Silk Road Report: Part II | Bitcoin Magazine

Soon after, Dread Pirate Roberts, the mastermind behind Silk Road, announced that Silk Road’s illegal gun-selling sister site The Armory would be closing . To justify the decision, Roberts wrote in a post on the Silk Road forums (original accessible only through Tor) that it simply was not popular enough to justify the expense; in his own words. “The volume hasn’t even been enough to cover server costs and is actually waning at this point. I had high hopes for it, but if we are going to serve an anonymous weapons market, I think it will require more careful thought and planning.” Unlike its larger cousin Silk Road, the Armory was never well received by the Bitcoin community or the media; many to whom the thought of legalizing all drugs is not even controversial, particularly those in Europe, find the prospect of psychopaths being able to anonymously buy guns much more worr...

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

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