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http://www.newscientist.com/blogs/onepercent/2012/08/silk-road-bitcoin-illegal.htmlThe arvix article is not peer-reviewed, raw and in some areas speculative.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.
