Bitcoin on the Dark Web: The Facts

Just how much do we know about new underground economies? Here's what available data can tell us about bitcoin on the Dark Web.

AccessTimeIconSep 23, 2015 at 4:44 p.m. UTC
Updated Sep 11, 2021 at 11:53 a.m. UTC

Bitcoin has been the de facto currency of the Dark Web – the 'hidden' Internet accessible only by Tor – since the pioneering marketplace Silk Road, the 'eBay of drugs', arrived in 2011.

But just how much do we know about these new underground economies? Who is buying and selling – and what? Here's what available data can tell us about bitcoin on the Dark Web.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.