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Bitcoin Used For the Narcotics Trade

Posted by samzenpus on from the this-is-your-brain-on-virtual-currency dept.

An anonymous reader writes "A story on Aljazeera tells how bitcoin is being used to pay for cocaine, marijuana and other drugs at various eBay style drug websites. From the article: 'Two US senators are asking federal authorities to crack down on an online narcotics market that accepts "virtual" currency. The "Dark Web," an anonymous and secretive online community that trades in heroin, cocaine and methamphetamines among other drugs, has been operating unhindered for months.' Who said bitcoin is not used in the real world?"

1 of 535 comments (clear)

  1. I'm not an expert, but... by jonescb · · Score: 1, Offtopic

    I'm pretty sure Marijuana isn't a narcotic. And I don't think cocaine is either.
    A narcotic would be like morphine or heroin.

    Narcotics are specific, not a generalization for all drugs.
    If you're going to post Slashvertisements, at least get some of your facts straight.