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by ufmace 4636 days ago
Maybe in some rhetorical sense, but not in any measurable way. Silk Road was enormous for what it was, but it's nowhere near even a tiny fraction of the global drug market. It's probably still tiny compared to the drug market in any large city.
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Worldwide global drug market is estimated to be around $350B/year. SR did around 1.2B over 2.5 years. So yeah a tiny amount, but a huge amount considering it just started couple years back and needed technical sophistication of bitcoin + tor + pgp to use.