Wednesday, March 1, 2017

Meet The 'Assassination Market' Creator Who's Crowdfunding Murder With Bitcoins

Kuwabatake Sanjuro, the ronin samurai in the film "Yojimbo"  whose pseudonym the Assassination
Market's founder has adopted.
As Bitcoin becomes an increasingly popular form of digital cash, the cryptocurrency is being accepted in exchange for everything from socks to sushi to heroin. If one anarchist has his way, it'll soon be used to buy murder, too.

Last month I received an encrypted email from someone calling himself by the pseudonym Kuwabatake Sanjuro, who pointed me towards his recent creation: The website Assassination Market, a crowdfunding service that lets anyone anonymously contribute bitcoins towards a bounty on the head of any government official--a kind of Kickstarter for political assassinations. According to Assassination Market's rules, if someone on its hit list is killed--and yes, Sanjuro hopes that many targets will be--any hitman who can prove he or she was responsible receives the collected funds.

For now, the site's rewards are small but not insignificant. In the four months that Assassination Market has been online, six targets have been submitted by users, and bounties have been collected ranging from ten bitcoins for the murder of NSA director Keith Alexander and 40 bitcoins for the assassination of President Barack Obama to 124.14 bitcoins--the largest current bounty on the site--targeting Ben Bernanke, chairman of the Federal Reserve and public enemy number one for many of Bitcoin's anti-banking-system users. At Bitcoin's current rapidly rising exchanges rate, that's nearly $75,000 for Bernanke's would-be killer.

Sanjuro's grisly ambitions go beyond raising the funds to bankroll a few political killings. He believes that if Assassination Market can persist and gain enough users, it will eventually enable the assassinations of enough politicians that no one would dare to hold office. He says he intends Assassination Market to destroy "all governments, everywhere."

"I believe it will change the world for the better," writes Sanjuro, who shares his handle with the nameless samurai protagonist in the Akira Kurosawa film "Yojimbo."  (more...)

 The Politics of Bitcoin

H/T to SpitfireList

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