The founder of the darknet marketplace Silk Road which dealt exclusively with Bitcoin, Ross Ulbricht, recently announced that he had spent 10 years in prison. Despite his fraudulent actions, Ulbricht is a popular figure in the crypto community as he is believed to have contributed to the accelerated adoption of the flagship cryptocurrency, Bitcoin.
Silk Road And Bitcoin Adoption
Silk Road was an online black platform that was used to facilitate illegal activities, including drug trade and money laundering. Interestingly, Bitcoin was the only currency used to facilitate these transactions, as Ulbricht is said to have been a huge proponent of the flagship cryptocurrency.
According to Ulbricht’s mother, her son created the Silk Road with the intention of providing a “truly free market.” She said he used Bitcoin as the platform’s currency because he believed in the “monetary freedom” that the currency provided.
His actions undoubtedly helped to increase Bitcoin’s utility
We współpracy z: https://bitcoinist.com/ross-ulbricht-silk-road-bitcoin/
