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Fri, Oct 4, 2013 -- 9:00 AM

FBI Shuts Down Silk Road, but the 'Deep Web' Lives On


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It sounds like a Hollywood movie: A 29-year-old in San Francisco calling himself "Dread Pirate Roberts" masterminds an online black market for drugs and other illicit goods, allegedly hires a hit man to take out someone threatening to expose him, and the FBI swoops in and arrests him at a local branch library. That's the story of Silk Road, a sort of eBay for illicit goods, which only accepted the open-source electronic money, Bitcoin. We discuss the Silk Road bust and the "deep web" of sites that give its users anonymity, and what implications this will have for Bitcoin.

Host: Rachael Myrow

Guests:

  • Andy Greenberg, staff writer for Forbes, covering data security, privacy and hacker culture
  • Jerry Brito, senior research fellow and director of the Technology Policy Program at the Mercatus Center at George Mason University
  • Parker Higgins, activist for the Electronic Frontier Foundation

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