The downfall of Silk Road, and with it, the so-called Dark Net

Xeni Jardin 1:36 pm Tue Oct 8, 2013

From Adrian Chen's Gawker long-read about that recent bust of the web's biggest online illegal drug marketplace:

The lesson of the Silk Road takedown isn't that Ulbricht was sloppy about security. It's that the idea of a world famous, anonymous illegal market is fatally contradictory. Ullbricht made some technical mistakes, but his biggest one was conceptual: buying his own hype that high-tech tricks would let him implement a radical free market fundamentalism that could never work politically.

Read the whole piece. Related: Chen's profile of Ross William Ulbricht.

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