In a follow-up to the recent discussions surrounding the Silk Road website bust, we thought it interesting that the FBI finds itself unable to confiscate the Dread Pirate's stash of bitcoins.
In other words, one of bitcoin's main attraction – that it is untraceable like cash and cannot be 'stolen' in the conventional sense by outsiders – remains in perfectly fine fettle. The FBI's inability to seize the Dread Pirate's bitcoin stash is a great PR victory for bitcoin.
As to users inundating the FBI's bitcoin wallet with protests against the drug war, this is an additional irony. Since it is not possible to identify them, they need not fear any reprisals, which is giving them an excellent opportunity to vent their opinion on the senseless 'drug war'. That isn't going to change anything, but we suspect that even within the FBI there are by now many people who are questioning whether the 'war on drugs' makes any sense. As noted previously, after more than 30 years, it has yet to attain a single one of its purported official objectives. That leaves basically only one possibility if one employs Occam's razor in pondering the question why it is continued: the official objectives are not the true objectives. There is a hidden agenda.