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Eagle Scout. Idealist. Drug Trafficker?
New York Times, by David Segal

Original Article

Posted By:Judy W., 1/19/2014 6:29:57 AM

Ross Ulbricht’s last moments as a free man were noisy enough to draw a crowd. Employees at the Glen Park branch of the San Francisco library heard a crashing sound and rushed to the science fiction section, expecting to find a patron had hit the floor. Instead, they found a handful of federal agents surrounding a slender 29-year-old man with light brown hair and wearing a T-shirt and jeans. The goal of the arrest, at 3:15 p.m. on Oct. 1, 2013, was not simply to apprehend Mr. Ulbricht, but also to prevent him from performing the most mundane of tasks:

      


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Reply 1 - Posted by: TunnelRat, 1/19/2014 7:52:10 AM     (No. 9697622)

Great story. Good writing.

Sadly, the source makes it nearly impossible to believe a word of it.

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Reply 2 - Posted by: BcdErick, 1/19/2014 8:10:27 AM     (No. 9697636)

I agree with #1. Where did this kid get all these drugs? The story does not make sense. But it reads OK.

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Reply 3 - Posted by: The Other Guy, 1/19/2014 8:22:14 AM     (No. 9697647)

He didn´t supply the drugs, he just arranged the sales/transfers of drugs between dealers and customers. He was a middle man, a broker in essence.

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Reply 4 - Posted by: BcdErick, 1/19/2014 8:43:18 AM     (No. 9697665)

I obviously understand that´s what the article says. But they´re talking big money. I grew up in Venice, CA. I´ve met a drug dealer or 2 in my time. This seems highly implausible to me. And I can assure you, "idealists" don´t peddle drugs. Just like pimps aren´t helping working girls who just need a job. These people are predators, plain and simple.

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Reply 5 - Posted by: secondtimelucky, 1/19/2014 8:44:41 AM     (No. 9697666)

Last week´s Person Of Interest used the ´´Silk Road/Bitcoin millionaire under arrest´´ story line as part of the episode. Most interesting tale...

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Reply 6 - Posted by: FL_Absentee_Voter, 1/19/2014 12:36:23 PM     (No. 9697896)

8-15% of each and every transaction funneled through his website would mean big money in a fairly short amount of time. Bitcoin = "prosecution futures." Clever.

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Reply 7 - Posted by: jglas, 1/19/2014 1:49:15 PM     (No. 9697975)

They missed the most important conclusion to be had from all that: his scheme was working and he was right when he said:

For centuries, consumers have been taxed by governments or overlords of one type or another, rendering unto Caesar for as long as there have been Caesars. But if Silk Road were scalable, that era was over. Or at least imperiled. Anyone would have the option to sell goods undisturbed by regulations and without sharing a percentage of revenue with the state. And why stop at drugs? The system would work for legal products, too. The tools are there for a kind of subterranean Amazon.com.

“It could literally change the world as we know it,” D.P.R. wrote of Silk Road in an online exhortation.


If he hadn´t been dealing in drugs how likely is it he would have been shut down? Like Bitcoin has been a successful private currency an encrypted internet could be a true tax free market and so very profitable. Would government be able to shut it down? Probably only by broadening the powers of the NSA (or equivalent) to inspect every package, letter, phone call and e-mail everywhere and at all times, which would be totally unconstitutional.

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