Legal News

The Future is Here! Virtual Currency to Home-delivery of Drugs on the Silk Road
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

It might seem futuristic, if not outright sick, but the truth is out: Drugs are being sold openly through an underground internet portal called the “Silk Road” and home-delivery is receiving five stars from elite customers who claim to be liberal anarchists.

The currency used on the Silk Road is called Bitcoin, and bought from dealers of this virtual currency on the portal. As long as both purchasers and vendors agree to honor the system, there is little any government can do about it short of deploying military intelligence onto the scene. Civil authorities are plainly unable to track transactions as there is no exchange of known currency, and it is difficult to trace.

Similar to Amazon and eBay, Silk Road has user rating systems and vendors receiving ratings and feedbacks from satisfied or dissatisfied customers.
Going by the nature of the merchandize that ranges from Afghan hashish to Ecstasy, customers are more than ecstatic on their reviews, usually being high and happy. However, it leaves law enforcement coffers high and dry.
The digital black market has its own rules and prohibits the sale of weapons of mass destruction, or asking for contract killings or anything which has the purpose to harm or defraud like stolen credit cards.

  
What
Where


The Silk Road is not directly accessible, but one has to get entry through TOR, a client designed to protect online privacy. A quick look at the website answers the question of who uses TOR, and the answer on their sidebar include “Friends and family,” “Media,” “Military and Law Enforcement,” whistleblowers and activists against corruption etcetera, etcetera. Of course, it does not mention that drug dealers constitute a major portion of the users – what use a user puts the power of TOR rests solely with the user.
The anonymous administrator of Silk Road, also known as Silk Road, is reported to have recently addressed the media on an email saying “Our community is amazing…They are generally bright, honest and fair people, very understanding, and willing to cooperate with each other.”

Since transactions on Silk Road take place through crypto-currency of Bitcoins, the rate fluctuates frequently, in fact changing every day. Silk Road members are apparently followers of the philosophy of Agorism, a philosophy that sees the State as an evil that maintains a system of exploitation by criminalizing and permitting things at the discretion and interests of a ruling oligarchy.

As recently expressed by the administrator of Silk Road, “The state is the primary source of violence, oppression, theft and all forms of coercion,” and to fight such injustice Silk Road raised the call in a written email, “Stop funding the state with your tax dollars and direct your productive energies into the black market.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!





And if you need to be delusional to do that, you now know where to find the mind-altering stuff.





 

RELEVANT JOBS

Organizational and Digital Transformation Lead

USA-CA-San Francisco

JOB TITLE: Organizational and Digital Transformation Lead AGENCY: State Bar of California LOC...

Apply now

Paralegal

USA-NC-Fayetteville

The Charleston Group is seeking a civil litigation paralegal.  A Certified North Carolina paral...

Apply now

Associate Criminal Defense Attorney

USA-CA-Los Angeles

Skills and Qualifications: Experience: 4-10+ years of Criminal Defense experien...

Apply now

Assistant Attorney General - Child Support Enforcement

USA-IL-Joliet

The Child Support Enforcement Division of the Illinois Attorney General’s Office is seeking an...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top