29.05.2017 Views

34856893457934

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Chapter 23<br />

ROSS, HANGED OR HOME<br />

Ross’s fingers throbbed as he typed. The red edges along the rims of his nails were nearly<br />

bleeding from his constant, savage biting. The problem was, he didn’t know how to stop<br />

himself. Anxiety would course through his body and the chewing would begin.<br />

It was a pattern that was developing and Ross had no idea how to end it. One minute the site<br />

would be expeditiously moving along, as smooth as water to a stone, and then out of nowhere<br />

—BOOM!—some sort of cataclysmic event would occur. Server crashes, hackers trying to break into<br />

the Bitcoin bank, bad code that needed replacing, good code that needed updating, conflicts between<br />

drug buyers and drug dealers, lost packages, scam artists, and stolen Bitcoins. While these issues<br />

were understandable given the nature of his work, they would come out of nowhere and Ross was<br />

forced to fix them immediately, no matter where he was.<br />

Sometimes these problems were easily resolvable (like plugging holes in the ship when hackers<br />

attacked). Other problems had been plaguing the site since it began (like finding where those holes<br />

were before the hackers found them). And yet occasionally, a problem arose that would cost Ross<br />

tens of thousands of dollars in a matter of minutes. For example, in a single day recently, he had found<br />

out, someone had managed to steal $75,000 in Bitcoins because of some second-rate programming<br />

Ross had written. Those were the days that he would begin incessantly biting his nails.<br />

Luckily for Ross, losing $75,000 wasn’t going to bankrupt him. He was now making so much<br />

money from the site that he was having trouble laundering it into physical cash. Back in December the<br />

Silk Road had been processing $500,000 in drug sales each month. Now, in late March, the site was<br />

doing $500,000 in sales a week. When Variety Jones looked at the growth charts, his response to the<br />

Dread Pirate Roberts was apropos: “Fuck me,” he wrote. “I mean, in my mind I knew it, but seeing<br />

the graph, well . . . fuck me!” The graph he was referring to was of a yellow line that illustrated<br />

growth and profits on the site and pointed straight upward to the right and all the way off the page.<br />

Variety Jones took a few minutes to do some math. His calculations predicted that, at the current<br />

growth rate, sales would be up to $1 million a week by April, just a month from now, and double that<br />

by midsummer. He told Ross that in the worst-case scenario 2012 would end up being a $100 million<br />

year for the site. And if things stayed on the current trajectory, by the end of 2013 the Silk Road<br />

would be processing nearly $1 billion a year in drug sales.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!