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Why is Ross Ulbricht's name frequently mentioned in discussions about NFTs?

avatarIqmalrDec 25, 2021 · 3 years ago1 answers

What is the connection between Ross Ulbricht and NFTs that leads to his name being frequently mentioned in discussions?

Why is Ross Ulbricht's name frequently mentioned in discussions about NFTs?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    Ross Ulbricht's name is often mentioned in discussions about NFTs due to his involvement with the Silk Road. The Silk Road was an underground marketplace where people could buy and sell various goods, including illegal substances. Ulbricht, also known as Dread Pirate Roberts, was the mastermind behind the Silk Road and used Bitcoin as the primary currency for transactions. The association between Ulbricht, Bitcoin, and illegal activities has led to his name being frequently referenced in conversations about cryptocurrencies, including NFTs. It highlights the historical connection between cryptocurrencies and the dark web, serving as a reminder of the challenges and controversies surrounding the industry.