The U.S. Marshals Service announced last Monday that it will be auctioning off 50,000 of the bitcoins it seized from the accounts of Ross William Ulbricht. Ulbricht, who operated under the pseudonym the Dread Pirate Roberts, allegedly operated the first iteration of Silk Road, the online marketplace accessible only through Tor that sold drugs,
The Bitcoin Hype Has Been Spent, So What’s Next?
It may be the case that the cryptocurrency is most valuable as a development platform for other products — products that could ultimately revolutionize the ways we think about and handle data.
