Black Market Drug Site 'Silk Road' Booming: $22 Million In Annual SalesAndy GreenbergForbes Aug. 08, 2012 |
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...What surprised Christin most was the high level of customer satisfaction: 97.8% of customers gave sellers positive reviews, despite the fact that Silk Road’s use of Tor’s IP-masking abilities and Bitcoin makes it nearly impossible for anyone who uses the site to identify anyone else. “On a site like Silk Road, where…most of the goods sold are illicit, one would expect a certain amount of deception to occur. Indeed, a buyer choosing, for instance, to purchase heroin from an anonymous seller would have very little recourse if the goods promised are not delivered,” Christin writes. “Surprisingly, though, most transactions on Silk Road seem to generate excellent feedback from buyers.” Read More |