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Author Topic: 2012-09-12 dailybeast.com - The dangerous websites google keeps hidden  (Read 4283 times)
julz
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September 14, 2012, 06:35:56 AM
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The dangerous websites google keeps hidden
It has different names – the Dark Net, the Deep Web – but they mean the same thing: the websites no mainstream search engine will let you see. Author Cole Stryker gives a tour of this underworld of purported killers and drug dealers.


Cole Stryker author of 'Hacking the Future'
2012-09-12

http://www.thedailybeast.com/videos/2012/09/12/cole-stryker-on-the-dark-net.html (video)

...
here we've got.. Bitcoin marketplace, which is an anonymous currency that's used to trade in illicit goods.
...

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September 14, 2012, 09:41:46 PM
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that's used to trade in illicit goods
Shocked

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September 14, 2012, 09:43:22 PM
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which is an anonymous currency that's used to trade in illicit goods.
Of course far more illicit goods dealers prefer dollar bills.

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September 14, 2012, 09:44:26 PM
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which is an anonymous currency that's used to trade in illicit goods.
Of course, far more illicit goods dealers prefer dollar bills.

But, as a percentage of total transactions using each currency, Bitcoin illicit goods trading takes the cake.
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September 15, 2012, 06:15:43 AM
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But, as a percentage of total transactions using each currency, Bitcoin illicit goods trading takes the cake.
Since I consider all tax collected by the state illicit maybe also in this case the $ has the largest share Wink

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September 15, 2012, 10:01:14 AM
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But, as a percentage of total transactions using each currency, Bitcoin illicit goods trading takes the cake.

Evidence, to back up this hand-waving?


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September 19, 2012, 11:38:22 AM
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But, as a percentage of total transactions using each currency, Bitcoin illicit goods trading takes the cake.
Since I consider all tax collected by the state illicit maybe also in this case the $ has the largest share Wink

Most insightful.  Most government income should probably be categorized under "extortion", since little (none?) of it is obtained via voluntary transactions.
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September 19, 2012, 05:30:47 PM
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But, as a percentage of total transactions using each currency, Bitcoin illicit goods trading takes the cake.

Evidence, to back up this hand-waving?
I'm too lazy, sorry.  It'll just have to stay at hand-waving.  But I will say that known silk road traffic adds up to a significant percentage of overall Bitcoin transactions, and likely that alone as a percentage exceeds the percentage of illicit goods trading done in USD.  Wink
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