After Silk Road 2.0 Bust, Eyes Turn To 'Untouchable' Decentralized Market

apexcp sends this article from The Daily Dot: Following a wave of Dark Net arrests that brought down the famous anonymous drug market Silk Road 2.0, all eyes have turned to a marketplace called OpenBazaar that is designed to be impossible to shut down. Described as the "next generation of uncensored trade" and a "safe untouchable marketplace," OpenBazaar is fundamentally different from all the online black markets that have come before it, because it is completely decentralized. If authorities acted against OpenBazaar users, they could arrest individuals, but the network would survive. "If you're thinking about OpenBazaar as Silk Road 3.0, you're thinking about it much too narrowly," said OpenBazaar operations lead Sam Patterson in an interview last night. "I actually think it's much more powerful as eCommerce 2.0."

Comments

The future of capitalism

[Sir_Eptishous]

After watching the video with the guy from OpenBazaar, and from things I've read lately about where capitalism is going, I have to wonder, where is the end game in all this?

AirBnB threatens the hotel/motel paradigm, Lift and Uber threaten taxis, now OpenBazaar threatens online commerce, bitcoin, etc;
These new services appear to be starting a crack, albeit a small one, in the current model of how money is made and by who.

Re:Yeah, that looks anonymous.

[CaptainDork]

This is why the Gentle User cannot have nice things.

Tor must be implemented with precision. The steps are involved because the theory is involved. Some of the better, well-informed and technically savvy users have been busted.

I am an IT professional and I am not at all comfortable that I could use Tor and guarantee my own anonymity.

I advise people against using Tor in hopes that they will be able to surf without discovery because it can give a false sense of freedom to do as one wishes.