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"Some random thoughts on Bitcoin, the decentralized online currency. Here's something to stir the pot and have some fun:"

Out there on the internet is a place where you can buy and sell anything anonymously using untraceable money. What is mostly being bought and sold in this stealth market right now are recreational drugs -- pot and acid, etc. There has always been black markets in every city of the world, but as underground and out of sight as they might be, you still needed to show up in person to trade. And there has long been outlaw areas of the internet where black markets thrive and you don't need to reveal yourself, but paying without any trace has been a problem. This new online stealthy anonymart, called Silk Road, solves these problems with two existing technologies. Silk Road uses established anonymizing Tor network to trade anonymously, and it employs the new Bitcoin peer-to-peer encrypted payment system to provide untraceable payments, which can in theory be converted to dollars or other national currencies.