Authors > Ross Ulbricht

Ross Ulbricht Quotes

Just as slavery has been abolished most everywhere, I believe violence, coercion and all forms of force by one person over another can come to an end.
Source: LinkedIn [link] #176

About Ross Ulbricht

(From Wikipedia)
Ross Ulbricht

Ross William Ulbricht (born March 27, 1984) is an American who created and operated the darknet market website Silk Road from 2011 until his arrest in 2013. The site used Tor for anonymity and bitcoin as a currency and facilitated the sale of narcotics and other illegal sales. One of Ulbricht's online pseudonyms was "Dread Pirate Roberts" after the fictional character in the novel The Princess Bride and its film adaptation.

In February 2015, Ulbricht was convicted of conspiracy to commit money laundering, conspiracy to commit computer hacking, conspiracy to traffic fraudulent identity documents, and conspiracy to traffic narcotics by means of the internet. In May 2015, he was sentenced to a double life sentence plus forty years without the possibility of parole. Ulbricht's appeals to the U.S. Court of Appeals for the Second Circuit in 2017 and the U.S. Supreme Court in 2018 were unsuccessful. He is currently incarcerated at the United States Penitentiary in Tucson.

Ulbricht attended the University of Texas at Dallas on a full academic scholarship, and graduated in 2006 with a bachelor's degree in physics. He then attended Pennsylvania State University, where he was in a master's degree program in materials science and engineering and studied crystallography. By the time Ulbricht graduated, he had become interested in libertarian economic theory; he adhered to the political philosophy of Ludwig von Mises, supported Ron Paul, promoted agorism, and participated in college debates to discuss his economic views. Ulbricht graduated from Penn State in 2009 and returned to Austin. He tried day trading and started a video game company; both ventures failed. He eventually partnered with his friend Donny Palmertree to help build an online used book seller, Good Wagon Books.

Palmertree eventually moved to Dallas, leaving Ulbricht to run Good Wagon Books by himself. Around this time, Ulbricht began planning Silk Road (initially named Underground Brokers). In his personal diary, he outlined his idea for a website "where people could buy anything anonymously, with no trail whatsoever that could lead back to them." Ulbricht's ex-girlfriend said, "I remember when he had the idea ... He said something about ... Silk Road in Asia ... and what a big chain it was ... And that's what he wanted to create, so he thought it was the perfect name." Ulbricht alluded to Silk Road on his public LinkedIn page, where he discussed his wish to "use economic theory as a means to abolish the use of coercion and aggression amongst mankind," and claimed, "I am creating an economic simulation to give people a first-hand experience of what it would be like to live in a world without the systemic use of force."

Silk Road ran on Tor, a network which implements protocols that encrypt data and routes internet traffic through intermediary servers that anonymize IP addresses before reaching a final destination. By hosting his market as a Tor site, Ulbricht could conceal its IP address. Bitcoin, a cryptocurrency, was used for transactions on the site. While all bitcoin transactions were recorded in a public log called the blockchain, users who avoided linking their identities to their online "wallets" were able to conduct transactions with considerable anonymity. Ulbricht used the "Dread Pirate Roberts" username for Silk Road, although it is disputed whether he was the only one to use that account. Ulbricht attributed his inspiration for creating the Silk Road marketplace to the novel, Alongside Night, and the works of Samuel Edward Konkin III.


Additional Resources

FreeRoss.org
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