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4,400BTC (~$2.7M) stolen from Silk Road 2.0 escrow account
Posted on 2/13/14 at 2:50 pm
Posted on 2/13/14 at 2:50 pm
LINK
This will undoubtedly speed up the development of built in escrow.
This will undoubtedly speed up the development of built in escrow.
This post was edited on 2/13/14 at 3:29 pm
8
Posted on 2/13/14 at 2:51 pm to joshnorris14
yowsers.
Posted on 2/13/14 at 2:54 pm to C
Don't need no stinking regulation or security. Pft
Posted on 2/13/14 at 2:55 pm to joshnorris14
This is not good for the bitcoin backers right? I have no idea what a silk road is.
Posted on 2/13/14 at 2:57 pm to joshnorris14
EL OH EL
Posted on 2/13/14 at 2:57 pm to OnTheBrink
quote:
This is not good for the bitcoin backers right?
This is like a poker table field pros and marks. The pros keeping suckering in the marks and cleaning them out.
Posted on 2/13/14 at 3:00 pm to JayDeerTay84
What regulations do you propose for a black market hosted on an anonymizing network (Tor) that facilitates pseudonymous transaction?
Posted on 2/13/14 at 3:02 pm to joshnorris14
quote:
What regulations do you propose for a black market hosted on an anonymizing network (Tor) that facilitates pseudonymous transaction?
This post was edited on 2/13/14 at 3:03 pm
Posted on 2/13/14 at 3:02 pm to OnTheBrink
The Silk Road is the online bazaar for illegal goods. This is certainly not good for the Dread Pirate Roberts but shouldn't have a lasting impact on the economy
Posted on 2/13/14 at 3:03 pm to JayDeerTay84
Answer the question please.
Posted on 2/13/14 at 3:05 pm to joshnorris14
quote:
Answer the question please.
Hold on looking for a link to explain my answer.
Posted on 2/13/14 at 3:06 pm to JayDeerTay84
From the Dread Pirate Roberts:
No marketplace is perfect. Expect any centralized market to fail at some point. This is precisely why we must unite in the decision to decentralize.
No marketplace is perfect. Expect any centralized market to fail at some point. This is precisely why we must unite in the decision to decentralize.
Posted on 2/13/14 at 3:07 pm to JayDeerTay84
A link would suffice
Posted on 2/13/14 at 3:07 pm to joshnorris14
quote:
This is certainly not good for the Dread Pirate Roberts
I think he has more pressing matters to attend to at this time....seems somewhere along the line the ole boy forgot about NAP.
Posted on 2/13/14 at 3:08 pm to joshnorris14
quote:
Silk Road 2.0 operators.......are simply using this transaction malleability bug as a cloud of smoke to run off with 88,000 BTC.
What?!? A enterprise specializing in the trafficking of illegal goods might have dishonest people operating it!?!
I'm shocked!!
Shocked I tell you!!
Posted on 2/13/14 at 3:10 pm to joshnorris14
So a little less than one percent of all currently mined bitcoins were stolen in one swoop from a single website?
So, the question becomes: How much of Silk Road 2.0's stash did that account for?
If ten plus percent of all mined bitcoins are being used on a website to buy and sell illicit goods, that kind of explains bitcoin's real appeal in a nutshell, doesn't it? And it has nothing to do with democratizing the concept of money or any other similarly lofty goals.
So, the question becomes: How much of Silk Road 2.0's stash did that account for?
If ten plus percent of all mined bitcoins are being used on a website to buy and sell illicit goods, that kind of explains bitcoin's real appeal in a nutshell, doesn't it? And it has nothing to do with democratizing the concept of money or any other similarly lofty goals.
This post was edited on 2/13/14 at 3:11 pm
Posted on 2/13/14 at 3:15 pm to Walking the Earth
It wasn't SR2s stash. According to DPR3 it was 100% of consumer funds in escrow.
Posted on 2/13/14 at 3:16 pm to joshnorris14
Nah don't need a link.
I can't explain what went right over your head.
I can't explain what went right over your head.
Posted on 2/13/14 at 3:18 pm to cwill
quote:
I think he has more pressing matters to attend to at this time....seems somewhere along the line the ole boy forgot about NAP.
I'm talking about the current DPR not Ross Ulbricht.
Also, Ross isn't being charged with murder-for-hire crimes
This post was edited on 2/13/14 at 3:21 pm
Posted on 2/13/14 at 3:19 pm to JayDeerTay84
You shouldn't opine on subjects that you don't understand.
The regulations that will counter this will be built in escrow.
The regulations that will counter this will be built in escrow.
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