Timothy Leary. Shroomery - Magic Mushrooms (Shrooms) Demystified. Bitcoin: the hacker currency that’s taking over the web. Global, private and untraceable, it’s the monetary system of choice for libertarians, geeks, businesspeople and, apparently, drug kingpinsEarlier this week, two senators sent a letter to the US Attorney General, copied to the Drugs Enforcement Agency, alerting them to the existence of an underground website called Silk Road.
Like a lawless eBay, Silk Road users can, according to the senators, “freely purchase and sell illegal drugs . . . from cocaine and heroin, to ecstasy and marijuana”. For this they are using the digital currency Bitcoin.Created in 2009 by an anonymous Japanese computer science student using the pseudonym Satoshi Nakamoto, Bitcoin was initially adopted by hackers as a means of bartering services. Now it is fast becoming the unofficial currency of the web.Anyone can buy virtual “coins” at a variety of online exchanges, using major global currency – but they aren’t just used for drugs.
Unlike traditional national currencies, Bitcoin has no central issuing authority. The Great Big Narcotics Cookbook. Sign up Login Paper Key Courses Members Papers Navigate Most popular Newest Most liked Papers Type All Abstract Article Assignment Book Cheatsheet Exam Lecture Notes Presentation Research Terms Textbook Solutions Go by language All Languages.
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