The Abstractable Podcast

24 : Nick Bilton – the Silk Road’s Criminal Mastermind


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We tell the story of the ultimate free market, launched by a 26 year old programmer. It is both an incredible manhunt and a look at the inner workings of a global criminal business.


Today’s episode is inspired by book American Kingpin by Nick Bilton. 

[34:52] Kickstarting the Silk Road Marketplace - Below a threshold of participants, networks and markets don’t work. So how did the digital silk road kick owner build its traffic to kick start the engine, whilst still remaining anonymous?

 [1:02:55] Finding an invisible and anonymous master criminal Finding criminal master minds takes some serious problem solving. What better way to solve a problem than to think laterally and look for similar cases. The answer, in this case, comes from a curious IRS agent - and it’s not for tax fraud! 

[1:22:14] The slow decay of ethics as power increases - This story fits the historical mould for someone becoming what they set out to stop. History continually repeats itself and this is no exception - what happens in the relentless pursuit of idealism.

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As with each episode, we pluck out what most resonated from the book and how we would like to bring it into our lives.

Show notes, books mentioned and all episodes can be found at: http://abstractable.co/ 

We hope you enjoy.

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The Abstractable PodcastBy Ryan Griffin & Lachlan Smith


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