FBI closes Silk Road, arrests Dread Pirate Roberts

I've taken Tor highway to Silk Road a few times to see what the hubbub was about. Highly interesting place.

Haven't quite figured out the whole Bitcoin thing. Doubt I would've tried buying anything but you never know.

http://www.dailydot.com/crime/silk-road-dread-pirate-roberts-arrested-shut-down/

 

Have read the story and still have no idea what silk road is.

Perhaps it's the converse of hershey highway.

 

Silk Road is the name of the website.

 

When I read that big magazine article about him a couple of months ago, I wondered when the FBI would bust him.

 

I don't think there is any part of that article that I understand 10 consecutive words.

But Bitcoin sounds great. A completely unregulated currency exchange with no idea who is on the other side of the trade, what could possibly go wrong?

 

It's one of those things that only make sense if you are mentally ill and/or a libertarian.

 

Hey, now, what's this "and/or" nonsense!

 

I'm pretty sure that clicking on that link has landed me on some sort of watchlist.

 

Finally figured out through this story what Silk Road was. Essentially it was a internet site to buy illegal drugs. Matched buyers and sellers.

http://mashable.com/2013/10/02/silk-road-drug-dealer-interview/

Seem inevitable the the FBI would shut it down sooner or later.

 

Megan McArdle* weighs in re: Bitcoin:

http://www.bloomberg.com/blogs/view/megan-mcardle/

*With whom I become more and more impressed. Agree with her or not, she cranks out A TON of pretty thoughtful pieces.

 

No. 2 joins him:

Silk Road’s Second-in-Command, Variety Jones, Gets 20 Years in Prison