|
Title: 2012-08-06 newscientist.com - Silk Road sells $2m worth of drugs a month Post by: ben-abuya on August 06, 2012, 05:33:08 PM Quote New analysis of the anonymous online marketplace Silk Road suggests that purveyors of illegal drugs and other black-market goods are raking in the equivalent of nearly $2 million of Bitcoins per month, which is roughly 20 per cent of exchanges from Bitcoins to US dollars that take place on the online currency's main exchange, Mt. Gox. http://www.newscientist.com/blogs/onepercent/2012/08/silk-road-bitcoin-illegal.html Title: Re: 2012-08-06 newscientist.com - Silk Road sells $2m worth of drugs a month Post by: marcus_of_augustus on August 07, 2012, 01:26:54 AM Quote New analysis of the anonymous online marketplace Silk Road suggests that purveyors of illegal drugs and other black-market goods are raking in the equivalent of nearly $2 million of Bitcoins per month, which is roughly 20 per cent of exchanges from Bitcoins to US dollars that take place on the online currency's main exchange, Mt. Gox. http://www.newscientist.com/blogs/onepercent/2012/08/silk-road-bitcoin-illegal.html The arvix article is not peer-reviewed, raw and in some areas speculative. Interesting that these science rags have globbed onto this with such willingness, slow news day? climate change getting old? Also makes you wonder about a 'security professor' who has bots that crawl Silk Road daily ... makes great cover for a potential Silk Road participant, just saying. Title: Re: 2012-08-06 newscientist.com - Silk Road sells $2m worth of drugs a month Post by: cst on August 11, 2012, 12:32:59 PM It's even in the paper issue. Just under the Knight Capital Group loss of $440m due to automated stock trading software fail news. I find it a bit ironic ;)
Title: Re: 2012-08-06 newscientist.com - Silk Road sells $2m worth of drugs a month Post by: deeplink on August 11, 2012, 01:14:29 PM The name NewScientist is misleading, because there is nothing scientific about their biased Bitcoin articles.
http://www.newscientist.com/cgi-bin/mt/mt-search.cgi?blog_id=386&tag=Bitcoin It is a commercial media company and their customers are the general public. So what you get are popular/hyped, easy to digest articles with some sensational value added to it. |