9cc27c5d4610.html.
70
“Everywhere I looked I saw the
State”: Dread Pirate Roberts to
SRF, March 20, 2012.
70
Initially, he called the project
Underground Brokers: RUTE GX
240A.
71
he soon had big black trash bags
full of them: Richard Bates,
RUTT, January 22, 2015.
72
“either don’t want the spouse to
see it on the bill”: Satoshi
Nakamoto to BTCF, September
23, 2010.
73
“I felt ashamed of where my life
was”: RUTE GX 240A.
73
he had, by his own accounting,
gone through $20,000: RUTE GX
250.
73
By the end of February, twenty-
eight transactions: silkroad to
BTCF, March 1, 2011.
CHAPTER 7
75
“i’m so stressed! i gotta”: Richard
Bates, RUTT, January 22, 2015.
75
“Free Talk Live, who was
broadcasting live at the time”:
FreeTalk Live, March 16, 2011,
https://www.freetalklive.com/content/podcast_
2011_03_16.
76
“my site had a 40 minute spot on a
national”: RUTE GX 1002.
77
he was sentenced to ten months in
prison: Information on the case is
available
at
http://www.justice.gov/criminal/cybercrime/pressreleases/2002/verPlea.htm.
80
“Law-abiding citizens can carry
on their affairs”: Jerry Brito,
“Online Cash Bitcoin Could
Challenge Governments, Banks,”
Techland blog, Time, April 16, 2011.
80
“cuts
across
international
boundaries, can be stored”: Andy
Greenberg, “Crypto Currency,”
Forbes,
April
20,
2011,
http://www.forbes
.com/forbes/2011/0509/technology-
psilocybin-bitcoins-gavin-
andresen-crypto-currency.html.
82
“This was—of course—denied”:
Mark Karpeles to BTCF, May 1,
2011.
83
Silk Road now had over a
thousand people registered: Eileen
Ormsby, Silk Road (Sydney: Pan Macmillan Australia, 2014).
83
“Updating a live site to a whole
new version is no easy task”:
RUTE GX 240B.
83
Gawker published an in-depth
story about Silk Road: Adrian
Chen, “The Underground Website
Where You Can Buy Any Drug
Imaginable,” Gawker, June 1,
2011,
http://gawker.com/the-
underground-website-where-you-
can-buy-any-drug-imag-
30818160.
83
over a thousand new people were
registering for Silk Road: Ormsby.
84
“online form of money laundering
used to disguise”: “Schumer
Pushes to Shut Down Online Drug
Marketplace,” June 5, 2011,
http://www
.nbcnewyork.com/news/local/Schumer-
Calls-on-Feds-to-Shut-Down-
Online-Drug-Marketplace-
123187958.html.
85
earning $17,000 from the sale of
his mushrooms, and $14,000 from
commissions: RUTE GX 250.
85
“I was mentally taxed, and now I
felt extremely vulnerable”: RUTE
GX 240B.
86
15,000 new people joined the
forums: Data on forum usage
available
at
https://bitcointalk.org/index.php?
action=stats.
86
He said he had long avoided
determining: Martti Malmi to
BTCF, June 11, 2011.
CHAPTER 8
90
The
selling
continued
until
260,000 Bitcoins were purchased:
IRC, June 19, 2011.
95
appeared briefly, via Skype, on
The Bitcoin Show: Episode 25, June
19,
2011,
https://www.youtube.com/watch?
v=Ye_81RH6wiI.
95
“Ready guys?”: An archived
version of this chat is available at
http://pastebin.com/d7vp06hL.
96
“it’s likely to go the way of
other”: Peter Cohan, “Can Bitcoin
Survive, Is It Legal?” Forbes, June
28,
2011,
http://www.forbes.com/sites/petercohan/2011/06/28/can-bitcoin-survive-is-it-legal/.
CHAPTER 9
97
the founder of a small Polish
Bitcoin
exchange,
Bitomat,
announced: Kyt Dotson, “Third
Largest Bitcoin Exchange Bitomat
Lost Their Wallet, Over 17,000
Bitcoins Missing,” Silicon Angle, August
1,
2011,
http://siliconangle.com/blog/2011/08/01/third-largest-bitcoin-exchange-bitomat-
lost-their-wallet-over-17000-
bitcoins-missing/.
98
The founder of the site, a man
who called himself Tom Williams,
was
unresponsive:
Adrianne
Jeffries, “Search for Owners of
MyBitcoin
Loses
Steam,”
BetaBeat, New York Observer,
August
19,
2011,
http://observer.com/2011/08/search-
for-owners-of-mybitcoin-loses-
steam/.
102 “I know for sure attendees are
flying in”: Bruce Wagner to
BTCF, July 27, 2011.
104 “You can call me an idiot and
yeah”: Gavin’s presentation is
viewable
at
https://www.youtube.com/watch?
v=0ljx4bbJrYE.
104 “be making a HUGE HUGE
HUGE announcement at the
Conference”: Bruce Wagner to
BTCF, August 14, 2011.
104 “If that’s not enough”: Wagner’s presentation
is
viewable
at
https://www.youtube.com/watch?
v=pv0SdUNcBKc.
CHAPTER 10
110 The announcement from the Free
State Project: Erik Voorhees to
BTCF, October 8, 2011.
111 The people who had been
attending the New York Bitcoin
Meetup: Disposition to BTCF,
October 4, 2011.
112 “the sanctity of the individual, the priority”: Mark Lilla, “The Truth
About Our Libertarian Age: Why
the Dogma of Democracy Doesn’t
Always Make the World Better,”
New Republic, June 17, 2014, http://www.newrepublic
.com/article/118043/our-
libertarian-age-dogma-democracy-
dogma-decline.
112 “libertarian, going to replace all other currencies”: Jed McCaleb to
BTCF, May 16, 2011.
114 MyBitcoin users went to the
FBI’s cybercrime unit: Adrianne
Jeffries, “MyBitcoin.com Is Back:
A Week After Vanishing with at
Least $250 K. Worth of BTC, Site
Claims It Was Hacked,” BetaBeat,
New York Observer, August 5, 2011,
http://observer.com/2011/08/mybitcoin-
disappeared-with-bitcoins/.
CHAPTER 11
115 “Have you ever thought about
doing”: Richard Bates, RUTT,
January 22, 2015.
115 “I’m sure the authorities would be
very interested”: Richard Bates,
RUTT, January 22, 2015.
116 He lied to Richard as one part of his effort to cover his tracks:
RUTE GX 226D.
116 the site had generated $30,000 in commissions: RUTE GX 250.
116 in September Ross hired his first staff member: RUTE GX 250 and
GX 240B.
117 he sold his pickup truck and
moved to Sydney, Australia:
David Kushner, “Dead End on
Silk Road: Internet Crime Kingpin
Ross Ulbricht’s Big Fall,” Rolling