Silk Road forums

Discussion => Silk Road discussion => Topic started by: opi on July 08, 2012, 02:07 am

Title: The Silk Road Report - Article from Bitcoin Magazine.
Post by: opi on July 08, 2012, 02:07 am
The Silk Road Report

URL: http://bitcoinmagazine.net/the-silk-road-report/

For better or for worse, Silk Road has been a fixture in the Bitcoin economy ever since the currency first caught the attention of the mainstream media in early 2011. The service is an online black marketplace for goods such as drugs, pirated digital goods, books on topics such as computer hacking and drug manufacture, counterfeits and forgeries, complete with an Ebay (or Bitmit)-style user interface, an escrow system and a Bitcoin wallet that mixes all incoming and outgoing coins so as to obscure their origin. It operates completely anonymously, existing to the outside world only as a so-called “hidden service” on the Tor network, run by a user who is known to others only as “Dread Pirate Roberts”. It maintains the secrecy of its operators and location by combining two technologies: Tor, the largely US military-funded internet anonymizing service intended to help dissidents in authoritarian regimes evade the prying eyes of their governments, and Bitcoin. The former makes it extremely difficult to trace buyers and sellers’ communications, and the latter, combined with Silk Road’s proprietary mixing system, their financial trail.[/font][/size]
Silk Road attracts people for many reasons. Some are simply interested in having a safe and easy place to buy and sell illegal items, of which drugs are by far the largest category. Others cite costs as a factor. One writer, Gwern, claimed in his review of Silk Road that he was able to find Adderall on sale for a “price per pill far superior to that I was quoted by one of my college-age friends (less than 1/3 the price) and also better than the Adderall price quote in the New Yorker (http://www.newyorker.com/reporting/2009/04/27/090427fa_fact_talbot?currentPage=all), $15 for 20mg”. For others, Silk Road is an ideological mission far more than it is about the goods. Dread Pirate Roberts frequently promotes libertarian political principles on his own forum, and there is a common consensus that fining and imprisoning people for putting substances into their own bodies is morally wrong. The crypto-anarchist movement, which seeks to remove the potential for individuals and institutions to exert power over others by moving key social institutions onto mathematically secured, and often anonymous, internet-based protocols, also finds the service attractive. As governments continue attempting to push restrictive internet legislation such as SOPA and ACTA into law, the allure of using Tor to make such government machinations simply irrelevant will only continue to increase. Finally, there are some legal products available for sale on Silk Road, and even for those who are not interested in using Silk Road to circumvent the law the service provides an active community in which entrepreneurs can nurture their online business and potentially develop a second income from the comfort of their own homes.[/font][/size]
Silk Road first truly broke into the public view on June 1, 2011, when an article on gawker.com (http://gawker.com/5805928/the-underground-website-where-you-can-buy-any-drug-imaginable) made a detailed review of the service, and membership quickly jumped by an order of magnitude to over ten thousand. A few days later, the US government caught on, and senators Charles Schumer and Joe Manchin called for (http://www.huffingtonpost.com/2011/06/05/senators-internet-narcotics-_n_871466.html) the website to be shut down immediately, proclaiming that “Never before has a website so brazenly peddled illegal drugs online” and “by cracking down on the website immediately, we can help stop these drugs from flooding our streets.” Since this brief spark, however, Silk Road has faded somewhat into the background. On June 9, the Bitcoin price bubble finally popped, and attention quickly turned to first this, then to further negative attention on Bitcoin’s economic properties, and finally asecurity crisis (http://bitcoinweekly.com/articles/the-bitcoin-security-challenge-part-i) involving a series of unrelated events in late June, continuing in August as bitomat.pl was hacked and the first online Bitcoin wallet, MyBitcoin, disappeared with 51% of its users’ deposits.[/font][/size]
Silk Road suffered as the price fell from $31 to $2 between June and November, making it difficult for sellers to make money, but the service retained a loyal following and its users were eventually rewarded with the price rebounding and stabilizing in early 2012. The number of accounts is currently at about 22000, and the largest number of people online at any given time is 126 – a stable community, but much smaller than those who see Silk Road as being the single shadowy force keeping up the Bitcoin economy behind the scenes imagine. About three quarters of its users are from the United States, although British and European users are a sizeable minority. One reason for this is the relative ease of buying bitcoins in the US, as well as the higher interest in drugs (http://www.buzzfeed.com/blanca/drug-use-by-country) there, but the divide is also because Silk Road does little to cater to its non-US customers. For example, Silk Road users have the option of seeing prices in BTC or USD, but not any other currency. This is particularly of concern for non-US sellers, because they, unlike sellers who are based in the US, do not have the choice of setting a price for their goods that is fixed in their local currency. Language is another concern; foreign language support is nonexistent, and even dedicated subforums for second-tier languages are lacking.[/font][/size]
So far, there have been no reports of anyone being arrested as a result of Silk Road activity, and there are good reasons to believe that while the DEA may find Silk Road worth keeping an eye on, they are not actively attempting to identify buyers or sellers. As one Silk Road user, vlad1m1r, who confines himself to the strictly legal activity of selling bitcoins in exchange for cash in the mail in the UK, writes, “I find it implausible that they are monitoring it on a daily basis as it’s simply not an effective use of resources due to the anonymous nature of the Tor network and the use of GPG encrypted messages to exchange personal information. Users occasionally speculate that this vendor or that may be LE (Law Enforcement) but I doubt very much that a Police officer would sell drugs in order to make arrests as this would be textbook entrapment.” The last claim, that a police officer selling drugs constitutes entrapment, is a legally complicated one; USLegal defines entrapment (http://definitions.uslegal.com/e/entrapment/) as being “when [a person] is induced or persuaded by law enforcement officers or their agents to commit a crime that he had no previous intent to commit”; someone actively searching drug listings on Silk Road would likely not fall under the definition. Nevertheless, the argument that it’s not worth it to spend the resources going after Silk Road is a valid one, and law enforcement officials who are more interested in mitigating the social consequences of drug sellers and gangs on the streets than in pursuing a prohibitionist agenda as an end in itself may well decide to leave Silk Road alone simply because buying drugs on the internet is much safer than the alternative.[/font][/size]
The relationship between Silk Road’s users and its management tends to be a positive one. As vlad1m1r describes it, “we do get the occasional malcontent who complains that their thread was arbitrarily deleted or that the creator of Silk Road himself DPR hasn’t deigned to address their particular concern, but people are generally polite when asking for new products or help with using the site, and the admins largely reciprocate.” One of the factors contributing to Silk Road’s cohesive community is the high level of trust. Scams are a serious problem on the darknets because of the anonymity of the participants and the fact that going to the police for help necessarily implies confessing to a crime, and Silk Road is one of the few places that attempts to counteract this with a reputation system and a built-in escrow service.[/font][/size]
However, there are problems. One major controversy among the service’s users is that of morality. There have been instances of people putting up images which constitute child pornography in some jurisdictions but are acceptable in others, and the Silk Road administration tends to stick to its own moral philosophy in such cases, not taking down consensual images which are slightly underage but strictly prohibiting products of genuine abuse. There have also been requests for credit card skimming devices, which are not allowed under Silk Road law, but which some people believe are no more immoral than counterfeits and drugs. Weapons were another concern, and Dread Pirate Roberts eventually resolved that particular concern with the middle-of-the-road option of banning them from Silk Road itself but allowing them on a specifically designed sister site called The Armory. Services such as theft and contract killing are banned from Silk Road and The Armory entirely, although some Silk Road users point buyers interested in such goods to a competing site with no moral restrictions at all, Black Market Reloaded.[/font][/size]
The other issue, although not a controversy, revolves around the escrow system. The default way of making transactions in Silk Road is for the buyer to send his funds not to the seller directly, but to the escrow system, which notifies the seller that it received and is holding the funds. When the buyer receives his product, he notifies the escrow system that the transaction was successful, and the seller gets his money. Some sellers, however, ask their buyers to bypass this mechanism and send directly to them for convenience, a practice which is heavily frowned upon by the Silk Road administration and community, but is nevertheless sometimes done. On April 20, many sellers on Silk Road celebrated the service’s first birthday by hosting special sales of their products at reduced prices, and one established vendor, Tony76, used the opportunity to sell a large number of orders and ran off with the money. There is some speculation as to just how much Tony76 was able to steal, but it is known that he transferred at least $30,000 worth of bitcoins off the site. Since then, the use of escrow has gained in popularity once again, and the possibility of making escrow mandatory, while not currently implemented, is always under discussion.[/font][/size]
Outside opinion on Silk Road is split. Some believe that the Bitcoin economy would be better off without such services tarnishing its reputation, as it would be better able to market itself as a currency with legitimate uses, while others openly embrace the underground economy either seeing its liberation as an end in itself or respecting its potential to act as a bootstrapping mechanism for Bitcoin. In terms of its size, Silk Road is currently Bitcoin’s largest e-commerce platform, having about twice as many products as its largest legal competitor, bitmit.net (http://www.bitmit.net/), but it is far from being Bitcoin’s economic powerhouse, a title to which businesses like Butterfly Labs and BitInstant hold a much greater claim. Both supporters of Silk Road’s particular brand of crypto-anarchic freedom and people concerned with Bitcoin’s public image can rest assured that Silk Road is nowhere near taking over the Bitcoin economy, but neither is it going away.[/font][/size]

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This article is pretty damn well done, but fuck I hate seeing article on SR... Like shit leave it alone already not everyone and their dog needs to know about it..
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Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: sdesu on July 08, 2012, 03:11 am
Finally, a well written article.
Thanks for posting.

sdesu
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: BonesJones42 on July 08, 2012, 03:36 am
One writer, Gwern, claimed in his review of Silk Road that he was able to find Adderall on sale for a “price per pill far superior to that I was quoted by one of my college-age friends (less than 1/3 the price)...

I call bullshit.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: blackend646 on July 08, 2012, 03:46 am
Now THAT is journalism I can respect.

I definitely do wish the media in general would shut up about it already, but realistically anyone who reads Bitcoin magazine likely knows about Silkroad already.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: thereisnospoon on July 08, 2012, 06:24 am
go vlad?

it's always interesting to see who's mentioned. appreciate the info shared. I just keep waiting for global consensus to change to one's own body being their own. but I guess they can't keep the game moving without the ownership of fresh hot bodies hmm?

Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: Vladimir on July 08, 2012, 07:27 am
I definitely do wish the media in general would shut up about it already, but realistically anyone who reads Bitcoin magazine likely knows about Silkroad already.

even if this wasn't Bitcoin Magazine, why are you so afraid of the heat? like someone can bring us down... ;D
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: blackend646 on July 08, 2012, 08:22 am
I'm not so much afraid of the heat as I am afraid of opening facebook one day to find a bunch of retards going "JUST M@DE MA FIRST SR ORDA #YOLO".

That would certainly be bad for everyone..
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: Vladimir on July 08, 2012, 09:23 am
I'm not so much afraid of the heat as I am afraid of opening facebook one day to find a bunch of retards going "JUST M@DE MA FIRST SR ORDA #YOLO".

That would certainly be bad for everyone..

more buyers, more sellers, cheaper prices, wider range, much bigger and a much more active community. i fail to see how this is bad :)
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: vlad1m1r on July 08, 2012, 10:32 am
go vlad?

it's always interesting to see who's mentioned. appreciate the info shared. I just keep waiting for global consensus to change to one's own body being their own. but I guess they can't keep the game moving without the ownership of fresh hot bodies hmm?

Well this is very flattering, I didn't think I'd get a chance to read the article as for obvious reasons I can hardly subscribe to the magazine! Many thanks to the OP.

V.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: vlad1m1r on July 08, 2012, 10:37 am
I'm not so much afraid of the heat as I am afraid of opening facebook one day to find a bunch of retards going "JUST M@DE MA FIRST SR ORDA #YOLO".

That would certainly be bad for everyone..

more buyers, more sellers, cheaper prices, wider range, much bigger and a much more active community. i fail to see how this is bad :)

Another Vlad, that makes three of us now! Just remember I'm the one with the numbers.

Vlad1m1r :-D

V.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: vlad1m1r on July 08, 2012, 10:41 am
The Silk Road Report

URL: http://bitcoinmagazine.net/the-silk-road-report/

For better or for worse, Silk Road has been a fixture in the Bitcoin economy ever since the currency first caught the attention of the mainstream media in early 2011. The service is an online black marketplace for goods such as drugs, pirated digital goods, books on topics such as computer hacking and drug manufacture, counterfeits and forgeries, complete with an Ebay (or Bitmit)-style user interface, an escrow system and a Bitcoin wallet that mixes all incoming and outgoing coins so as to obscure their origin. It operates completely anonymously, existing to the outside world only as a so-called “hidden service” on the Tor network, run by a user who is known to others only as “Dread Pirate Roberts”. It maintains the secrecy of its operators and location by combining two technologies: Tor, the largely US military-funded internet anonymizing service intended to help dissidents in authoritarian regimes evade the prying eyes of their governments, and Bitcoin. The former makes it extremely difficult to trace buyers and sellers’ communications, and the latter, combined with Silk Road’s proprietary mixing system, their financial trail.[/font][/size]
Silk Road attracts people for many reasons. Some are simply interested in having a safe and easy place to buy and sell illegal items, of which drugs are by far the largest category. Others cite costs as a factor. One writer, Gwern, claimed in his review of Silk Road that he was able to find Adderall on sale for a “price per pill far superior to that I was quoted by one of my college-age friends (less than 1/3 the price) and also better than the Adderall price quote in the New Yorker (http://www.newyorker.com/reporting/2009/04/27/090427fa_fact_talbot?currentPage=all), $15 for 20mg”. For others, Silk Road is an ideological mission far more than it is about the goods. Dread Pirate Roberts frequently promotes libertarian political principles on his own forum, and there is a common consensus that fining and imprisoning people for putting substances into their own bodies is morally wrong. The crypto-anarchist movement, which seeks to remove the potential for individuals and institutions to exert power over others by moving key social institutions onto mathematically secured, and often anonymous, internet-based protocols, also finds the service attractive. As governments continue attempting to push restrictive internet legislation such as SOPA and ACTA into law, the allure of using Tor to make such government machinations simply irrelevant will only continue to increase. Finally, there are some legal products available for sale on Silk Road, and even for those who are not interested in using Silk Road to circumvent the law the service provides an active community in which entrepreneurs can nurture their online business and potentially develop a second income from the comfort of their own homes.[/font][/size]
Silk Road first truly broke into the public view on June 1, 2011, when an article on gawker.com (http://gawker.com/5805928/the-underground-website-where-you-can-buy-any-drug-imaginable) made a detailed review of the service, and membership quickly jumped by an order of magnitude to over ten thousand. A few days later, the US government caught on, and senators Charles Schumer and Joe Manchin called for (http://www.huffingtonpost.com/2011/06/05/senators-internet-narcotics-_n_871466.html) the website to be shut down immediately, proclaiming that “Never before has a website so brazenly peddled illegal drugs online” and “by cracking down on the website immediately, we can help stop these drugs from flooding our streets.” Since this brief spark, however, Silk Road has faded somewhat into the background. On June 9, the Bitcoin price bubble finally popped, and attention quickly turned to first this, then to further negative attention on Bitcoin’s economic properties, and finally asecurity crisis (http://bitcoinweekly.com/articles/the-bitcoin-security-challenge-part-i) involving a series of unrelated events in late June, continuing in August as bitomat.pl was hacked and the first online Bitcoin wallet, MyBitcoin, disappeared with 51% of its users’ deposits.[/font][/size]
Silk Road suffered as the price fell from $31 to $2 between June and November, making it difficult for sellers to make money, but the service retained a loyal following and its users were eventually rewarded with the price rebounding and stabilizing in early 2012. The number of accounts is currently at about 22000, and the largest number of people online at any given time is 126 – a stable community, but much smaller than those who see Silk Road as being the single shadowy force keeping up the Bitcoin economy behind the scenes imagine. About three quarters of its users are from the United States, although British and European users are a sizeable minority. One reason for this is the relative ease of buying bitcoins in the US, as well as the higher interest in drugs (http://www.buzzfeed.com/blanca/drug-use-by-country) there, but the divide is also because Silk Road does little to cater to its non-US customers. For example, Silk Road users have the option of seeing prices in BTC or USD, but not any other currency. This is particularly of concern for non-US sellers, because they, unlike sellers who are based in the US, do not have the choice of setting a price for their goods that is fixed in their local currency. Language is another concern; foreign language support is nonexistent, and even dedicated subforums for second-tier languages are lacking.[/font][/size]
So far, there have been no reports of anyone being arrested as a result of Silk Road activity, and there are good reasons to believe that while the DEA may find Silk Road worth keeping an eye on, they are not actively attempting to identify buyers or sellers. As one Silk Road user, vlad1m1r, who confines himself to the strictly legal activity of selling bitcoins in exchange for cash in the mail in the UK, writes, “I find it implausible that they are monitoring it on a daily basis as it’s simply not an effective use of resources due to the anonymous nature of the Tor network and the use of GPG encrypted messages to exchange personal information. Users occasionally speculate that this vendor or that may be LE (Law Enforcement) but I doubt very much that a Police officer would sell drugs in order to make arrests as this would be textbook entrapment.” The last claim, that a police officer selling drugs constitutes entrapment, is a legally complicated one; USLegal defines entrapment (http://definitions.uslegal.com/e/entrapment/) as being “when [a person] is induced or persuaded by law enforcement officers or their agents to commit a crime that he had no previous intent to commit”; someone actively searching drug listings on Silk Road would likely not fall under the definition. Nevertheless, the argument that it’s not worth it to spend the resources going after Silk Road is a valid one, and law enforcement officials who are more interested in mitigating the social consequences of drug sellers and gangs on the streets than in pursuing a prohibitionist agenda as an end in itself may well decide to leave Silk Road alone simply because buying drugs on the internet is much safer than the alternative.[/font][/size]
The relationship between Silk Road’s users and its management tends to be a positive one. As vlad1m1r describes it, “we do get the occasional malcontent who complains that their thread was arbitrarily deleted or that the creator of Silk Road himself DPR hasn’t deigned to address their particular concern, but people are generally polite when asking for new products or help with using the site, and the admins largely reciprocate.” One of the factors contributing to Silk Road’s cohesive community is the high level of trust. Scams are a serious problem on the darknets because of the anonymity of the participants and the fact that going to the police for help necessarily implies confessing to a crime, and Silk Road is one of the few places that attempts to counteract this with a reputation system and a built-in escrow service.[/font][/size]
However, there are problems. One major controversy among the service’s users is that of morality. There have been instances of people putting up images which constitute child pornography in some jurisdictions but are acceptable in others, and the Silk Road administration tends to stick to its own moral philosophy in such cases, not taking down consensual images which are slightly underage but strictly prohibiting products of genuine abuse. There have also been requests for credit card skimming devices, which are not allowed under Silk Road law, but which some people believe are no more immoral than counterfeits and drugs. Weapons were another concern, and Dread Pirate Roberts eventually resolved that particular concern with the middle-of-the-road option of banning them from Silk Road itself but allowing them on a specifically designed sister site called The Armory. Services such as theft and contract killing are banned from Silk Road and The Armory entirely, although some Silk Road users point buyers interested in such goods to a competing site with no moral restrictions at all, Black Market Reloaded.[/font][/size]
The other issue, although not a controversy, revolves around the escrow system. The default way of making transactions in Silk Road is for the buyer to send his funds not to the seller directly, but to the escrow system, which notifies the seller that it received and is holding the funds. When the buyer receives his product, he notifies the escrow system that the transaction was successful, and the seller gets his money. Some sellers, however, ask their buyers to bypass this mechanism and send directly to them for convenience, a practice which is heavily frowned upon by the Silk Road administration and community, but is nevertheless sometimes done. On April 20, many sellers on Silk Road celebrated the service’s first birthday by hosting special sales of their products at reduced prices, and one established vendor, Tony76, used the opportunity to sell a large number of orders and ran off with the money. There is some speculation as to just how much Tony76 was able to steal, but it is known that he transferred at least $30,000 worth of bitcoins off the site. Since then, the use of escrow has gained in popularity once again, and the possibility of making escrow mandatory, while not currently implemented, is always under discussion.[/font][/size]
Outside opinion on Silk Road is split. Some believe that the Bitcoin economy would be better off without such services tarnishing its reputation, as it would be better able to market itself as a currency with legitimate uses, while others openly embrace the underground economy either seeing its liberation as an end in itself or respecting its potential to act as a bootstrapping mechanism for Bitcoin. In terms of its size, Silk Road is currently Bitcoin’s largest e-commerce platform, having about twice as many products as its largest legal competitor, bitmit.net (http://www.bitmit.net/), but it is far from being Bitcoin’s economic powerhouse, a title to which businesses like Butterfly Labs and BitInstant hold a much greater claim. Both supporters of Silk Road’s particular brand of crypto-anarchic freedom and people concerned with Bitcoin’s public image can rest assured that Silk Road is nowhere near taking over the Bitcoin economy, but neither is it going away.[/font][/size]

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This article is pretty damn well done, but fuck I hate seeing article on SR... Like shit leave it alone already not everyone and their dog needs to know about it..
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Thanks OPI,

With regard to the point I made about entrapment, English law has a much broader definition of this than US law. Generally speaking people do have far more civil liberties in the US and I'd much rather face American Justice but in this instance it would be just as illegal for a Police officer to sell drugs online as it would be for anyone else - possession of controlled substances is a crime in and of itself. How this works for stings and undercover operations where Officers are posing as drug dealers I'm not sure but since intent to supply controlled drugs is an offence, they could probably nab someone that way - of course I'm not a lawyer/Solicitor this is just my opinion and I wouldn't want anyone to be any less vigilant because of it!

V.



Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: opi on July 08, 2012, 10:49 am
come on man, no need to make 3 posts + quote the big ass article!!

one of my biggest forum pet peeves is when people quote the OP and its either a huge text post or a huge string of pictures.... soo annoying/pointless
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: Kappacino on July 08, 2012, 10:56 am
Probably the first well written article I've read on SR that didn't resort to sensationalism and outright lies.

Still, I'm not for assuming that LE aren't pursuing us. Even if they aren't, and every logical argument points to the fact that it is a waste of their time/money/manpower to do so, it would be unwise to ever let that assumption affect our actions. Our actions must always reflect the belief that we ARE being pursued, and that LE are trying to bring us down.

That is, if we want SR to live. I'm certain the SR admins act under that assumption too. Any other attitude than that is irresponsible.

I'm just saying, because I don't want people to suddenly think it's all fine and dandy, and vendors stop washing their coins and people stop researching security flaws, and everyone get complacent and then all of a sudden people start getting busted. Remember, it wouldn't even need to be the whole site that got brought down to affect us. If just a couple of major Sr vendors were brought down based off of bitcoin analysis or something, it would damage the trust in Sr's system.. Not to mention it wouldn't even be clear how they got busted, and other vendors would start to get spooked as to potential security flaws in the site even if it was nothing to do with that

SR is built around faith in the system. If that goes, the reputation crumbles. Vendors disappear, buyers lose faith, scammers come out of the woodwork.. We just don't want that. Noone get complacent.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: Gupta on July 08, 2012, 12:56 pm
One writer, Gwern, claimed in his review of Silk Road that he was able to find Adderall on sale for a “price per pill far superior to that I was quoted by one of my college-age friends (less than 1/3 the price)...

I call bullshit.

I want that hookup, lol. I call BS as well.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: ZenAndTheArt on July 08, 2012, 01:48 pm
That's definitely the most balanced report so far, and STILL no mention of Limetless armoured car, lol!  ;D
Go Vlad! Happy you made it in!
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: Vladimir on July 08, 2012, 02:24 pm
Another Vlad, that makes three of us now! Just remember I'm the one with the numbers.

Vlad1m1r :-D

V.

bratja po orujiu :)
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: vlad1m1r on July 08, 2012, 06:28 pm
Another Vlad, that makes three of us now! Just remember I'm the one with the numbers.

Vlad1m1r :-D

V.

bratja po orujiu :)

братья по оружию действительно :)

V.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: vlad1m1r on July 08, 2012, 06:36 pm
come on man, no need to make 3 posts + quote the big ass article!!

one of my biggest forum pet peeves is when people quote the OP and its either a huge text post or a huge string of pictures.... soo annoying/pointless

You'd better get used to it, as you've seen from the article, I'm rather talkative! :-)

V.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: vlad1m1r on July 08, 2012, 06:39 pm
Probably the first well written article I've read on SR that didn't resort to sensationalism and outright lies.

Still, I'm not for assuming that LE aren't pursuing us. Even if they aren't, and every logical argument points to the fact that it is a waste of their time/money/manpower to do so, it would be unwise to ever let that assumption affect our actions. Our actions must always reflect the belief that we ARE being pursued, and that LE are trying to bring us down.

That is, if we want SR to live. I'm certain the SR admins act under that assumption too. Any other attitude than that is irresponsible.

I'm just saying, because I don't want people to suddenly think it's all fine and dandy, and vendors stop washing their coins and people stop researching security flaws, and everyone get complacent and then all of a sudden people start getting busted. Remember, it wouldn't even need to be the whole site that got brought down to affect us. If just a couple of major Sr vendors were brought down based off of bitcoin analysis or something, it would damage the trust in Sr's system.. Not to mention it wouldn't even be clear how they got busted, and other vendors would start to get spooked as to potential security flaws in the site even if it was nothing to do with that

SR is built around faith in the system. If that goes, the reputation crumbles. Vendors disappear, buyers lose faith, scammers come out of the woodwork.. We just don't want that. Noone get complacent.

Wise words Kappacino +1 - Price of freedom eternal vigilance and so on.

V.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: RetinaBlast on July 08, 2012, 06:43 pm
That's definitely the most balanced report so far, and STILL no mention of Limetless armoured car, lol!  ;D
Go Vlad! Happy you made it in!

LAULZ!!! I bet he's scoffing.
Title: Re: The Silk Road Report - Article from Bitcoin Magazine.
Post by: vlad1m1r on July 08, 2012, 07:12 pm
That's definitely the most balanced report so far, and STILL no mention of Limetless armoured car, lol!  ;D
Go Vlad! Happy you made it in!

LAULZ!!! I bet he's scoffing.

This was actually what got Lim and I talking - I was more than a little surprised he had an armoured car for sale as I doubted this was the kind of thing you could simply get from your local Ford dealership - suffice it to say he knows people who know people! If I ever retire I think I'll buy it by way of a nest egg, better to have it and not need it then need it and not have it, right? :-D

V.