tango wrote:Atlas_ wrote:
Trust me on this guys, the "deep dark web" will rip you off every time. The silk road has always seems super sketchy to me.
These dark web sites seem like a playground for the geeks and folks who want to feel like they're part of the in-crowd. I hadn't even heard of Silk Road until it made the news, but have followed its off-springs for a while, on various forums. The conversations seem to be centered around online anonymity (or the illusion of it), mostly ignoring the part where you pick up your drugs at the post office.
Also, to justify their use of these sites, people work hard to convince themselves and each other that real life transactions are very much like the bloody confrontations between drug cartels, as seen on TV. What's needed is a marketing campaign promoting the image of your friendly neighborhood dealer, peacefully going about business in his riced out Honda Civic.
It's looking likely that this was a scam put together by SR administrators and not actually an attack on the bitcoin protocol itself.
In a way, that's desirable, as it means that the currency itself is still likely secure, although it's also a reminder that in an unregulated market, there's not much recourse against scammers.
Honestly, I never understood why users of the SR were comfortable with a centralized escrow system, given that the whole point of the crypto-anarchy movement has been the decentralization of information and control. I imagine that whatever they next generation of black market websites are will do away with that. Multi-sig transactions might be a good jumping off point.
Similarly, I'm sure that there are people right now feverishly working on building a new cryptocurrency that doesn't have the risk of transaction malleability.
TL;DR - this blows for the people who lost money, but in the long-run, it's a good learning experience of the market and will only prompt the development of better services.
Blessings
~ND
EDIT: I hope none of that violated the 'no selling talk.'
"There are many paths up the same mountain."