American Kingpin: The Epic Hunt for the Criminal Mastermind Behind the Silk Road
by Nick Bilton
View on GoodreadsThe story of Ross Ulbricht and the Silk Road darknet marketplace — its libertarian-utopian founding, its multi-million-dollar drug-marketplace reality, and the multi-agency federal effort that brought it down.
Core ideas
- The Silk Road was built on a sincere ideological premise (free markets in everything, including drugs, harm-reducing) that decayed under the actual operating realities — including alleged murders-for-hire.
- Two of the federal agents on the case turned out to be stealing Bitcoin from the site — the takedown is half cop story, half corruption story.
- Bitcoin's first sustained mainstream use case was illegal commerce; that history shapes everything about how crypto culture and regulators see each other.
Published2017
Pages328
ISBN9781591848141
ReadDec 2022




