Crypto Pioneer Ross Ulbricht Wishes Bitcoin a “Happy Birthday” From Prison

in #news5 years ago

 This week, Bitcoin passed its  tenth anniversary, leaving many who are interested in the technology to  reflect on the past decade of growth in the industry. As many of us  shared stories and posted on social media about the wild ride we have  been taken on, one of the people who made it all possible sat behind  bars. Ross Ulbricht, the man who was  charged and convicted for his role in the Silk Road marketplace,  recently began to reconnect with the outside world after spending his  first few years behind bars in silence as he tried to appeal his  charges. Over the summer, Ulbricht opened a Twitter account to keep up  with his supporters and show his true personality after years of slander  from corporate media. As Bitcoin turned ten years old  this week, Ulbricht wrote a sort of open birthday card to the currency,  expressing how he felt like an estranged father, unable to watch his  child grow up. Ulbricht writes: 

"Bitcoin is turning ten, and like many of us, I feel like a proud  parent, having watched it grow into its potential over the years. I  guess I’m the estranged father in prison though, who can’t be there to  help raise his kid. Bitcoin as a 10-year-old kid is not a bad analogy.  The technology is still very young, still growing. It’s been shooting up  like a weed and been through some growing pains, but it’s barely a  pre-teen and has the rocky road of adolescence still ahead. It’s  something we all have to go through to mature into adults, to discover  who we are, and Bitcoin is no different. We will see in the years ahead  what Bitcoin is capable of, how it will be used, and the impact it will  have on our world. I have high hopes that our gifted child will exceed  everyone’s expectations and go on to greatness, but it is still a child  that must be nurtured and protected."   

The analogy of father is no  exaggeration, Ulbricht is arguably second only to Satoshi when it comes  to figures who laid the foundation for Bitcoin. The Silk Road was the  first major use case for Bitcoin and is largely the reason for the  cryptocurrency's initial rise in popularity. On the Silk Road, drug  users and vendors were able to trade anonymously using Bitcoin, making  it one of the first blockchain commerce platforms. 

Even though Ulbricht did nothing  but create a website, just like the famous billionaires Mark Zuckerberg  or Jeff Bezos, he was treated like El Chapo in court so an example would  be made for anyone who sought to take his place. Despite the politics  of fear surrounding the dark web, drug marketplaces continue to flourish  and are now more abundant than they were in the days of the Silk Road,  so the intimidation tactics have obviously failed. This constant reinvention of the  Silk Road brand and the myriad of spin-off marketplaces is reminiscent  of the battle that took place between online file sharing websites and  the global record and film industries. 

Whenever the government took down  a file-sharing site, ten more would spring up in its place, making it  very difficult for authorities to keep up with the overgrowing  connectivity that the internet provides. One important point that was  often overlooked by the media during the Ulbricht trial was the fact  that the Silk Road actually made the world a safer place by undermining  prohibition. 

Even though drugs are illegal, large numbers of people  still use them on a regular basis, and these people are often put into  dangerous situations because of these prohibitions. The Silk Road allowed people to  purchase drugs from the comfort of their living room to avoid the risk  of getting mugged in a dark alleyway. It also allowed them to read  reviews of the products that their potential dealer was selling, saving  them from tainted drugs and dirty batches that could put their lives at  risk. 

In his recent letter, Ross warned  his supporters that cryptocurrency and blockchain technology has  incredible potential to change the world in positive ways if leaders in  the space can stay firm to their principles. Ulbricht concluded: 

Bitcoin needs us to continue guiding it with the values it was  founded on, that gave it its potential. We must keep our focus on  decentralization, privacy and empowering individuals. We are Bitcoin’s  advocates and representatives. How far it goes and what it becomes in  the crucial years ahead will depend on us. It is a technology with the  power to make abstractions like peace and equality into reality. But  it’s up to us to embody such ideals and be role models for the  ever-growing Bitcoin community and for Bitcoin itself. I’m so excited  for what’s to come in the next ten years, for Bitcoin and all of its  crypto cousins. I just hope I can come home and make up for these lost  years and show everyone where my heart truly is.   

A petition to pardon Ulbricht has reached over 90,000 signatures and is growing by the day. 

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My cousin was caught up in the fall of the Silk Road and has many of the same thoughts on Bitcoin.

I thank your cousin for his service and his sacrifice :(

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