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Author Topic: I don't think the black market ever needed Bitcoin...  (Read 3537 times)
Anonymous
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July 23, 2011, 07:12:35 AM
 #1

I've been surfing through the Tor underweb and all I can say is wow. Murders for US Dollars are conducted daily. Just now are you seeing a sprinkle of Bitcoin offers every now and then. Widespread theft and suppliers of automatic weapons and bombs scour every continent, all transacted over the internet.

To those who say Bitcoin enables crime especially over the internet...

It's been here and would be here otherwise.
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July 23, 2011, 07:15:25 AM
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wonder how many bitcoins that guy in norway was askin.
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July 23, 2011, 08:17:18 AM
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I've been surfing through the Tor underweb and all I can say is wow. Murders for US Dollars are conducted daily. Just now are you seeing a sprinkle of Bitcoin offers every now and then. Widespread theft and suppliers of automatic weapons and bombs scour every continent, all transacted over the internet.

To those who say Bitcoin enables crime especially over the internet...

It's been here and would be here otherwise.

Got links? I've seen LOTS of talk on Tor, and very little real action.

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July 23, 2011, 10:45:35 AM
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I've been surfing through the Tor underweb and all I can say is wow. Murders for US Dollars are conducted daily. Just now are you seeing a sprinkle of Bitcoin offers every now and then. Widespread theft and suppliers of automatic weapons and bombs scour every continent, all transacted over the internet.

To those who say Bitcoin enables crime especially over the internet...

It's been here and would be here otherwise.

Got links? I've seen LOTS of talk on Tor, and very little real action.

The worst black market traffic going on there is images of child abuse and various drugs by a core group of a few thousand people participating across all of those message boards and markets

The vast majority is 'normal' people just trying to see if there's really anything repulsive in there & people genuinely concerned with their safety or simply unable to connect to the real internet otherwise (oppressed people in China, law enforcement agents or soldiers in foreign nations)

You will be very hard pressed to find real, functioning assassination markets there. Even if you did, they would likely be TOR hidden services only circulated among a few anonymous people who have various means of contacting each other.

Nobody is going to take offers from random people joining a message board.

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July 23, 2011, 10:57:09 AM
 #5

I believe the solid links that do things are onion links hand written or printed and passed to people.   But something as big and as 'basic' in function as Silk Road smacks that theory in the face.   Browsing on tor is the new black, I hope it continues to get use and attention so it either gets better or worse, I don't mind the old web looks of the sites on it, but the 56k speed needs to go.

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July 23, 2011, 11:40:08 AM
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I believe the solid links that do things are onion links hand written or printed and passed to people.   But something as big and as 'basic' in function as Silk Road smacks that theory in the face.   Browsing on tor is the new black, I hope it continues to get use and attention so it either gets better or worse, I don't mind the old web looks of the sites on it, but the 56k speed needs to go.

Due to the way HTTP functions, and the way in which TOR works, you're probably not going to get it any faster unless there's some breakthrough in protecting anonymity at some point in the future.

^_^
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July 23, 2011, 01:24:45 PM
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Thank you Atlas for sharing this "news" and your wonderful opinion full of insight.  Cheesy
kiko
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July 23, 2011, 01:59:47 PM
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Murders for US Dollars are conducted daily.

So the job is posted anonymously, but how do they collect the dollars in a secure way? Any sort of dead-drop is still subject to a stakeout.  Looks like bitcoin is exactly what is needed for a black market; It's the last link that completes the transaction.
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July 23, 2011, 05:41:34 PM
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I believe the solid links that do things are onion links hand written or printed and passed to people.   But something as big and as 'basic' in function as Silk Road smacks that theory in the face.   Browsing on tor is the new black, I hope it continues to get use and attention so it either gets better or worse, I don't mind the old web looks of the sites on it, but the 56k speed needs to go.

Due to the way HTTP functions, and the way in which TOR works, you're probably not going to get it any faster unless there's some breakthrough in protecting anonymity at some point in the future.

Not MUCH faster. But you can always help by running an exit node.

Murders for US Dollars are conducted daily.

So the job is posted anonymously, but how do they collect the dollars in a secure way? Any sort of dead-drop is still subject to a stakeout.  Looks like bitcoin is exactly what is needed for a black market; It's the last link that completes the transaction.

Bitcoin, ironically, makes black markets safer by solving this problem of making payment securely. It does nothing for ensuring that you get the product you paid for, of course. Currencies are incapable of this; it's the services built on those currencies, such as escrow, Silk Road, etc., which do this.

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