Schumer and Manchin versus The Silk Road and BitCoin

On June 1st, Gawker published a story that was picked up by Wired about the Silk Road, an online drug emporium hidden by the TOR privacy network and featuring transactions enabled by the BitCoin electronic currency. Now US Senators Schumer and Manchin are on the case and NPR has all of the gory details.

Some great libertarian commentary has already come out on this topic and there will surely be more, some of it from us. At this point, though, let’s pause and consider just one point…

This is a pocketbook issue! They really shouldn’t be deliberately trying to make the business environment difficult at a time like this.

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