Discuss the significance of Bitcoin in darknet marketplaces.
How Bitcoin Fuels the Dark Web | Blockchain Central
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Business, Information Technology (IT), Architecture, Social Studies
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Hard
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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.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What lessons can be learned about the dark net's operation compared to traditional online marketplaces?
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