Episode 563 • •
563: Law of the Jungle
Bitcoin Price Surge, Silk Road 2.0, Senate Homeland Security Hearings
Bitcoin prices have surpassed $300 following endorsements from institutional investors and acceptance by Chinese firms like Baidu. The launch of Silk Road 2.0 occurred just one month after federal agents shuttered the original site, prompting Senator Tom Carper of the Senate Homeland Security Committee to call for adaptive federal policies. Skepticism remains regarding the legitimacy of the new marketplace due to unrealistic drug pricing displayed in media reports.