Wednesday, January 14, 2015

In the Silk Road trial, Bitcoin is a cop’s best friend


For years, Bitcoin has been the Silk Road's biggest strength. Escrow wallets let money change hands safely and easily, bitcoin tumblers let users keep drug transactions at arm's length, and, for a while at least, it kept everyone off the radar of law enforcement. In return, the Silk Road gave Bitcoin its first major infusion of die-hard users, a base that would drive the currency higher and higher.


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