10 years since his arrest, Ross Ulbricht may be behind bars, but his story continues to shape the Bitcoin and internet freedom movements.
It has officially been a decade since Ross Ulbricht, the man behind the popular online marketplace Silk Road, was sentenced to life in prison without the possibility of parole. His crime: enabling free people to freely trade.
In 2014, Ulbricht was arrested and accused of running Silk Road, a clandestine online marketplace that allowed users to buy and sell a wide range of goods, including drugs, using Bitcoin as the primary currency. His arrest was a pivotal moment in the history of Bitcoin, highlighting both its potential for censorship resistance and its association with illicit activities.
"The early adopters of Bitcoin had no way of knowing what we do now. All they had was a dream, a conviction and enough infectious enthusiasm to bootstrap a digital contrivance into a multi-billion-dollar phenomenon we are only beginning to see the effects of," he wrote just last year.
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