"Online black markets are likely to continue to be created and shut down. Yet this trial has also reminded us of the limits of technology. When the Internet was in its infancy, many thought online activity was also beyond the reach of the law. We've seen time and time again this is just not true. Bitcoin is a very powerful and interesting technology, but it is important not to overestimate innovation. It's equally important not to underestimate how our offline actions can make us vulnerable online. Perhaps the most significant impact of this trial is to serve as a reminder not to be overly confident in online anonymity, particularly in the face of substantial resources."
- Date Published:01/21/2015
- Original Publication:Gawker