Dark Net's Top Selling Drug Dealer Is Making $1.5 Million This Year
Patrick O'Neill writes: Behind a wall of anonymity, an American business is selling $1.5 million in medical marijuana products on the Dark Net this year, according to an analysis of publicly available market records. Occupying the top selling spot on the biggest black market around, Medibuds, as the business brands itself, is the biggest business on the Dark Net. The operation ships dozens of deals a day and has endured for three years, outlasting hundreds of markets and competitors.
You know, if you're a supporter of the darknet and the drug marketplace contained within, please stop publishing this shit. Yes, the marijuana laws need to be reformed. Yes, it's only weed. But it's still a crime in most of the world and now with this kind of exposure, you've just put a gigantic red X on some poor bastard's back. DPR thought he could taunt the feds, they got him. I'm sure Medibuds doesn't need the exposure.
The article is rather vague, but a business making $1.5millions in revenue, especially in the grey-drug market, should not be bringing much profit...
I was reading about the Silk Road trial the other day and I was sort of amazed that people would trust sites like this. What is stopping them from running away with all the money stashed in the escrow accounts? Wasn't one of the benefits of bitcoin supposed to be smart contracts? Why aren't smart contracts replacing escrow accounts on these sites?
in all 50 states, and federally, and for recreational use too. like alcohol = anyone over 18 or 21 can buy it, take it home and smoke it or eat it in the privacy of their own home, but NO DRIVING while stoned, no smoking in public places, legal to grow 6 plants to maturity regardless of size of weight,
the US Govt needs to admit the war on marijuana is impractical and oppressive to far too many people that are otherwise law abiding and peaceful people
Politics is Treachery, Religion is Brainwashing
Dark Net's not doing too well.
Being a person whom lives in Humboldt County California, I can tell you flat out $1.5m is NOTHING. There are people that come from LA and spend that much in an hour here. I can't give exacts but by my own estimations I would say a minimum of $1m a week worth of goods probably ship out of this area, and honestly that is probably being very conservative.
Big deal, there a plenty of McDonald's that do more that 1.5 mill a year.
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Because pot plants can be grown by pretty much everybody, it would mean that anyone can have of what is an equivalent of free nontaxable beer tap in their homes.
With some time people will learn that pot has anesthetic properties and other medicinal uses.
Reduction of taxes collected. That just cannot be allowed.
There's no one less genuine than a "medical" marijuana supporter.
so it's a gov agency that's selling this?
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The only reason anyone is making money selling marijuana (more properly cannabis) online is due to federal prohibition. The people want their weed and the US government listing marijuana as a Schedule 1 substance is a mechanism designed to generate money. Government and forfeiture/seizure funds for the self-perpetuating judicial/police/prison infrastructure we built for the drug war and money for suppliers during the prohibition which started in 1937 (Marijuana has only been illegal in the United States for 78 years). Prohibiting alcohol, tobacco or marijuana was not on the agenda of our founding fathers - rather they actively indulged in these substances.
Those of us who live in States with State Constitution authorized legal possession and use of marijuana by adults (such as Washington State) enjoy the individual liberty to possess and consume cannabis. We have a moral obligation to help our fellow American citizens free themselves of this onerous government imposed, politically, racially and economically motivated prohibition. We need marijuana rescheduled to reflect that it has known medical applications. We need to stop arresting and incarcerating individuals for possession and use of marijuana. We need to defund or shut down out of control law enforcement agencies who abuse and violate laws in pursuit of drug prosecutions (D.E.A.). National marijuana legalization should be put on the ballot and the will of the American people should be respected.
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Your comments speak for themselves; a detailed reply would be a waste of space, as you are simply an imbecile who will never learn, and will continue waving your gun around threatening people to do what you say or else, until the day when you personally catch your bullet to the head that you so richly deserve.
Die in a fire, asshole.
No new stories on weekends. I'm not able to get my troll fix.
If only there weren't that damned anonymity then these drug dealers couldn't hide !
Really?
Let me refer you to nation of Mexico, post-NAFTA pre internet. An all-but-failed-state where entire swaths of the cnoutry aren't even under the control of the central government but are in effect narco-states.
Nothing to do with anonymity, everyone knows who they are, and everything to do with the larger but more boring issue of a globally equitable distribution of opportunity, decent wages and working conditions- all things we now know NAFTA blew all to hell .
Economic justice is the foundational justice upon which all others are built. This is exactly what King John had to sign the Magna Carta- because the lords and thanes were sick of living with no hope for lasting economic justice- property rights, a right to accumulate to yourself a measure of economic security that can't be just confiscated by the King,.
Ditto FDRs four basic rights-
1 right to freedom of thought and speech,
2 right to freedom of religion,
3 right to freedom from fear
4. freedom from want- economic security.
Human physiology is what breeds drug addiction- that is demand from drugs. it's just a chink in the evolutionary armour which otherwise protects us against Stuff That Will Kill Us,
But economic injustice is what breeds narco states.
And encryption breeds neither of those things.