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  • Silk Road

    02/07/2018 6:26:29 AM PST · by Kaslin · 16 replies
    Townhall.com ^ | February 7, 2018 | John Stossel
    Ross Ulbricht was a quiet nerd -- an Eagle Scout who never cursed. Then he became a libertarian, and he decided, "I want to use economic theory as a means to abolish the use of coercion." By coercion, Ulbricht meant force. He viewed laws against drugs as coercion -- government force that stops people from living the way they want. So he created a website called Silk Road. Silk Road let people buy and sell contraband -- mostly drugs -- using bitcoin. The site became successful quickly. It soon carried a billion dollars in transactions. Because Silk Road didn't use...