Silk Road showed people that bitcoin could be effectively used as a medium of exchange on an open marketplace. This is an opinion editorial by Jacob Kozhipatt, a YouTuber and writer. For the uninitiated, The Silk Road was a darknet marketplace where users bought and sold all manner of products, including those considered illegal — most often drugs. Supporters argued that the Silk Road leveraged technology to create markets necessarily divorced from the corruption of governments and big banks. For critics, the marketplace was an enemy of The State, that facilitated the sale of illegal s ...
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