Silk Road Founder Ross Ulbricht, Who Proved the Case for Bitcoin, Can Do So for NFTs

Silk Road Founder Ross Ulbricht, Who Proved the Case for Bitcoin, Can Do So for NFTs
Ross Ulbricht, the founder of Silk Road online marketplace that hosted everything from children’s books to ketamine, is selling a non-fungible token (NFT) with the proceeds going to his legal fund and children of incarcerated parents.Founded in 2011, Silk Road is often cited as the first true “use case” of bitcoin. It proved that fully decentralized digital money could be used reliably and without being censored. The marketplace became something of a media curiosity – drugs were being sold quite openly – and was shut down by the feds.This article is excerpted from The Node, CoinDesk’s daily roundup of the…