How Bitcoin Fuels the Dark Web | Blockchain Central

The video explores the dark web, a hidden part of the internet with no regulations, accessed via the Tor browser. It discusses the unique nature of dark web marketplaces, which operate without laws, relying on Bitcoin and escrow for transactions. The video compares these to regular marketplaces like Amazon, highlighting the lack of government oversight. It also covers the legal implications, focusing on the Silk Road case. Finally, it touches on the potential of blockchain technology beyond the dark web.

What is required to access websites on the dark web?

• A special search engine

• A regular web browser

• A VPN service

• The Tor browser

How do dark web marketplaces build trust without laws?

• Through personal recommendations

• Through government regulations

• By using reviews and ratings

• By offering free trials

What is the primary currency used for transactions on the dark web?

• US Dollars

• Bitcoin

• Euros

• Gold

Which dark web marketplace was known for its billion-dollar annual revenues?

• Silk Road

• AlphaBay

• Wall Street Market

• Dream Market

What was a significant real-world use case for Bitcoin as discussed in the video?

• Paying taxes

• Dark web transactions

• Purchasing real estate

• Online shopping on Amazon