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nosnostr
npub1wmt…jhzg
2025-01-22 00:18:07
in reply to nevent1q…7yfe

nosnostr on Nostr: Ulbricht, a former Eagle Scout and materials science graduate, founded the Silk Road ...

Ulbricht, a former Eagle Scout and materials science graduate, founded the Silk Road marketplace in 2011. He was 26 at the time and built Silk Road as an underground e-commerce platform that enabled then-anonymous transactions using Bitcoin.

In October 2013, he was arrested at a San Francisco public library, where FBI agents seized his laptop while it was still connected to the site's administration panel.

The Silk Road operated as the first modern darknet marketplace, facilitating $1.2 billion in Bitcoin transactions before its shutdown and establishing new patterns for anonymous online commerce.

Ulbricht received two life sentences plus 40 years without parole in 2015, convicted of money laundering, computer hacking, and narcotics trafficking charges.

The use of bitcoin as a p2p payment includes what ulbrich did. Their freedom is important so that we have monetary freedom as a value in itself.
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