Libertarian Dream? A Site Where You Buy Drugs With Digital Dollars


Silk Road is a peer-to-peer commerce website like eBay, with a few important differences: it's only accessible through the anonymous network Tor, purchases can only be made with the digital currency Bitcoin, and much of the trade is in drugs. In a revealing piece for Gawker, Adrian Chen explored the underground site. It's worth reading the whole piece, but here's a key snippet:
Sellers feel comfortable openly trading hardcore drugs because the real identities of those involved in Silk Road transactions are utterly obscured. If the authorities wanted to ID Silk Road's users with computer forensics, they'd have nowhere to look. TOR masks a user's tracks on the site. The site urges sellers to "creatively disguise" their shipments and vacuum seal any drugs that could be detected through smell. As for transactions, Silk Road doesn't accept credit cards, PayPal , or any other form of payment that can be traced or blocked. The only money good here is Bitcoins.

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