With the use of cryptocurrencies increasing on the dark web, we explore what the possible long-term effects this type of usage will be on the adoption front.
Crypto in Shadows
One of the most fascinating concepts on the internet is the dark web. For most, the dark web has the same appeal as creepypastas in the sense of it existing as somewhat of an internet urban legend and has become the focus of morbid attention. It has inspired games, videos, and even a popular horror movie in which a character comes across a laptop that has been used to browse the dark web, and they are subsequently harassed by dark and dangerous figures from that side.
So what is the dark web exactly?
Essentially it is a part of the internet that is inaccessible to typical browser software and instead, can only be accessed by special software and is largely untraceable, offering an unprecedented amount of privacy. As a result of this privacy, the dark web has become a hub for illegal and shady activity, and there are even marketplaces that thrive and specialize in drugs and weapons, it is even rumored that human trafficking takes place over the dark web. This explains why people are fascinated by it and why law enforcement dedicates significant resources to staying on top of it and cracking down on the activities that take place there.
If the rest of the internet is a busy commercial street, then the dark web is the underground establishment where creatures of the night come out to play, and now it would seem that the creatures of the night have a new tool with which to carry out their activities – crypto.