We’ve written on the hyperdeflation problem before. Basically, with Bitcoin prices surging, nobody wants to buy anything, you just want to hold onto your Bitcoins. Conversely, when they collapse, nobody wants to sell. So volatility means nobody wants to transact in Bitcoins, because there’s a good chance that the next day someone will feel like a fool.Read more »
At 6am this morning, I got an email from one of my sleazier contacts. It simply said "looks like Silk Road has collapsed". I fired the Tor browser you need to connect to the site and, indeed, it wasn't there.Read more »
NYC Assemblyman voted against medical marijuana. Now hypocrite caught in traffic stop with pot. Fashions self a drug warrior.Read more »
Fox News is blaming the problems of synthetic weed on the synthetic weed. It couldn't possibly have anything to do with the fact that the natural marijuana is illegal... could it?Read more »
Retired Rhode Island Congressman Patrick Kennedy is leading a group called Project SAM (Smart Approaches to Marijuana) that opposes legalization and seeks to rise above America's culture war over pot with its images of long-haired hippies battling law-and-order conservatives. Project proposals include increased funding for mental health courts and treatment of drug dependency, so those caught using marijuana might avoid incarceration, get help and potentially have their criminal records cleared.Read more »
"We've got bigger fish to fry," Obama told ABC News' Barbara Walters. "It would not make sense for us to see a top priority as going after recreational users in states that have determined that it's legal."Read more »
Cracked.com article about legitimate medical uses for illegal drugs.Read more »
Elderly farmer, accidently plants 1000 marijuana plants, thinking he was planting sunflowers.Read more »
The DEA employed an informant, the driver, and the truck of his employer to pose as a marijuana trafficker to catch other traffickers. The employer, who owns the truck, didn't know. Driver gets killed, truck shot up. Out of control DEA. Seriously. For pot.Read more »
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