Bitcoin: Apparently Valued for Much More Than Buying Illegal Things Online

As the private digital currency Bitcoin rose to prominence, it could not escape having its reputation tied in with the now-shuttered-by-the-Feds darkwebsite Silk Road, which scared many people because it allowed peaceful and satisfying transactions involving mostly things that some government said you couldn’t do. (Substitutes for Silk Road already existed, and new ones have arisen since the takedown.)

Bitcoin Magazine

So some thought that when Silk Road went down, Bitcoin would too. And it did, for little bit.

Read the rest via Bitcoin: Apparently Valued for Much More Than Buying Illegal Things Online – Hit & Run : Reason.com.

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