Tagged: bitcoin

Matt Ridley in the Times – Could these weird coins transform our lives?

If you’ve read your Life After The State, you’ll know I’m a huge admirer of Matt Ridley and, in particular, The Rational Optimist.

So I was delighted to read his column in Monday’s Times – Could These Weird Coins Transform Our Lives.

You need to be a subscriber to the Times to read it in full. Now that Monday has passed, I’m sure those in charge will forgive me for posting this jailbroken copy for you to look at in case you’re not –  Could these weird coins transform our lives? | The Times.

Strolling down the Silk Road

The Silk Road was an undercover website where you could buy or sell illegal goods — drugs mainly. I understand passports were changing hands for about $6,000 and weapons too were sold until the spate of shootings in the US over the summer caused the owner to remove this option. The essence of the site was narcotics.

I should say, like our glorious Prime Minister, I may have erred while at university, but now, at age 44, my need for any of the goods offered on Silk Road was pretty much zero. But that didn’t stop my curiosity, and when I first found out about the site a few months back, I went online to take a look … Read on