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How Silk Road carved the fault line that separates ‘bitcoin’ and ‘crypto’

This is a segment from the Supply Shock newsletter. To read full editions, subscribe.

Greetings, and happy 41st birthday to Ross Ulbricht!

By now, rehashing the Silk Road timeline — from a secret psychedelics lab in an off-the-grid Texas cabin to a global clandestine operation with half a dozen employees — doesn’t seem totally useful.

Besides, long-time Bitcoin History readers have already walked through the events that led to Ulbricht’s dramatic 2013 arrest in a San Francisco public library.

Anyone who missed our email from last year can find it in our archives — it’s definitely still worth the read!

Keep in mind, though: That telling of the story misses…

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