In maybe five to ten years, the internet will effectively split in two. There will be major, commercial service providers such as Facebook-type social media hubs, major news sites but there will also be an invisible internet that is everything internet used to be, and in addition to that encrypted, anonymous, and untraceable. How it shows most prominently at the moment is file sharing. Setting the endless copyright d…
> there will be a major "bazaar" going on underground I thought most people here had heard of The Silk Road onion service: https://en.wikipedia.org/wiki/Silk_Road_%28marketplace%29 > An online bank could very well operate in the anonymous network because the traffic is already cryptographically signed, and users can enjoy strong authentication if they wish to or remain a pair of anonymous public/private keys. Or you…
Bitcoin and the silk road are not the future, but prototypes of it. It will be interesting to see if they become more than that, but they are showing the way forward if society continues to go down the directions currently being perused.