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Bitcoin on the Dark Web: The Facts
Just how much do we know about new underground economies? Here's what available data can tell us about bitcoin on the Dark Web.
By Grace Caffyn
Updated Sep 11, 2021, 11:53 a.m. Published Sep 23, 2015, 4:44 p.m. 1 min read
Bitcoin has been the de facto currency of the Dark Web – the 'hidden' Internet accessible only by Tor – since the pioneering marketplace Silk Road, the 'eBay of drugs', arrived in 2011.
But just how much do we know about these new underground economies? Who is buying and selling – and what? Here's what available data can tell us about bitcoin on the Dark Web.
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CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.
What to know:
- Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
- A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.
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