Bitcoins and Drug Deals

has been skyrocketing in popularity since it’s arrival. The new form of currency aka cryptocurrency allows people to purchase items online opening up different channels of purchasing.

Digital currency was created in 2009 by Satoshi Nakamoto, well that’s their alibis at least, and since cryptocurrency has entered the market the value of it has only gone up.

The value of a single bitcoin is reaching towards 10,000 dollars and there are other digital currencies (lite coin and Ethereum) that are following suit. Investors are able to buy pieces of a bitcoin itself rather than buying a whole coin.

Many have used bitcoin for both drug dealing and money laundering with the ease of the web at one’s fingertips, it makes it convenient to walk around the lines of the law. The use of online sales eases the process of covering up one’s identity.

Sites such as silk road act as a virtual black market allowing these anonymous transactions to occur as long as people are able to create a private network connection.

While the use of digital currency can be useful in terms of paying for items and subscriptions without the need of a credit card, this, however, can lead to people buying addictive drugs in a convenient way.

Opioids, stimulants, and other substances can be obtained through the use of online black markets and bitcoin.

Sadly, with the safety involved with online black markets the risk of obtaining a substance that is laced with other chemicals that can do more harm increases. Opioids and other synthetic drugs are now easier to obtain for dealers to sell in their local areas.

The use of bitcoin can be a convenient way to make purchases and provides new economic channels. However, these channels open up new ways for people to obtain addictive substances that can come from shady practices. Addiction can come from anywhere whether from downtown or on the web.

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Medical disclaimer:

Sunshine Behavioral Health strives to help people who are facing substance use disorder, addiction, mental health disorders, or a combination of these conditions. It does this by providing compassionate care and evidence-based content that addresses health, treatment, and recovery.

Licensed medical professionals review material we publish on our site. The material is not a substitute for qualified medical diagnoses, treatment, or advice. It should not be used to replace the suggestions of your personal physician or other health care professionals.

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