Silk Road’s demise paves way for ‘unstoppable’ OpenBazaar’s rise

Federal investigators may have taken down the Silk Road again, but now they face a much more difficult challenge – a decentralized market that has no sole proprietor or owner to arrest.

Silk Roads 1 and 2 both suffered the same fate once investigators found out who was behind them. That’s why many consider this week’s shut down of Silk Road 2.0 to be the beginning of the peer-to-peer OpenBazaar’s rise. The programmers who created and contribute to the open-source OpenBazaar don’t need to hide because, by essentially creating an ecommerce site that users can employ for their own purposes, they didn’t necessarily do anything illegal.

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Network World Colin Neagle