Uploaded August 2021 | Updated September 2026, 2 hours ago

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On the fourth episode of Coins, the blockchain podcast, we discuss the darknet marketplace, The Silk Road, and its founder Ross Ulbricht, now serving 2 life sentences plus 40 years in federal prison.

Watch COINS | Episode 5 | The New Banks
youtu.be/lLLcTyOS-k4
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On the fourth episode of Coins, the blockchain podcast, we discuss the global darknet marketplace, The Silk Road, the epicenter of a massive online drug and criminal underworld back in the early 2010s. This marketplace proved the first use case for bitcoin and left a legacy cemented by its founder Ross Ulbricht, now serving 2 life sentences plus 40 years in federal prison.

0:00 Intro
2:31 Silk Road Legacy And Influence
8:06 Silk Road Story
10:29 Why Did Ross Created Silk Road?
11:43 Ross Early Days
15:16 Freedom In Buying And Selling
16:58 Ross Evolution
17:43 When Did Lyn Heard For Silk Road?
19:00 Details Of The Arrest
21:15 Anyone Running Silk Road With Ross?
21:30 Explaining DPR - Dread Pirate Roberts Pseudonym
27:39 General Public Is Misinformed
30:25 Double Life Sentence
33:39 Constitutional Violations
35:31 Violations In The Fourth Amendment
38:42 Strength Of The Sentence
41:56 Life In Prison
44:35 Message To Baiden
46:15 Is Bitcoin A Success?
47:35 Bitcoin Growth
50:19 Ending And Episode 5 - Robbery

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Guests:
Lyn Ulbricht, CEO at Ross Ulbricht Defense
Twitter:Free Ross: twitter.com/Free_Ross
Twitter Free Ross 2: twitter.com/RealRossU

Erik Voorhees, CEO Co Founder at ShapeShift
Twitter Erik Voorhees: twitter.com/ErikVoorhees

Roger Ver, Founder of Bitcoin.com
Twitter Roger Ver: twitter.com/rogerkver

Charles Hoskinson, Founder at Cardano
Twitter: twitter.com/IOHK_Charles

Bill Barhydt, CEO at Abra
Twitter Bill Barhydt: twitter.com/billbarhydt

Mark Yusko, Managing Director & CIO Morgan Creek Digital Assets
Twitter Mark Yusko: twitter.com/MarkYusko

Nathaniel Popper, New York Times Reporter and author of Digital Gold
Twitter Nathaniel Popper: twitter.com/nathanielpopper

Dave Jevans, CEO at Ciphertrace
Twitter Dave Jevans: twitter.com/davejevans

Sheila Warren, Head of DataBlockchain & Digital Assets World Economic Forum
Twitter: twitter.com/sheila_warren

Bruce Fenton, Managing Director at Chainstone Labs
Twitter Bruce Fenton: twitter.com/brucefenton

Coins credit list

Producer - Orlando John
Executive Producer - Levin Holz & Patrick McLain
Director - Jonas Trukanas
Director of Photography - Saulius Lukoševičius
Editor: Artūrs Valdmanis
Writer: John Dove

Host - Patrick McLain
Narrator – Robert Davi
Production assistant - Ashlie Meredith
Story producer & 2nd host - Asher Westropp-Evans
Guest booker - Allon Sinai
Editorial - Roshan Mirajkar
Editorial - Jim Scampoli
Editorial - Tyler Olsson

Production manager - Guo Guo
Gaffer - Matthew Barauskas
Key Grip - Monica Mejia
A Cam 1AC - Darrell Ham
B Cam 1AC - Azariah Bjorvig

Special thanks to remote crews in New York, New Hampshire, Zurich, Hong Kong, Denver, Las Vegas, London & Saint Barthélemy

Special Thanks to Karl-Magnus Karlsson, CW and team

©️ Orlando John LTD & Mousebelt Labs PTE LTD

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Coins is the podcast that tells the story of the tidal wave caused by crypto and blockchain, the ways it has upended the global financial system and beyond. From those pioneers of the cypherpunk movement, to the multi-trillion dollar industry that has since grown from it. This series shows it all, the scams, the drugs, the hacks, the billionaires, and the bankrupt. The untold story of cryptocurrency is here told by those who are living it.

Twitter: twitter.com/coins_podcast
TikTok: tiktok.com/@coinspodcast
Facebook: facebook.com/coinspodcast
Instagram: instagram.com/coins_podcast
Linkedin: linkedin.com/company/coinspodcast

Twitter Reimagine: twitter.com/REIMAGINE_2021
Facebook Reimagine: facebook.com/Reimagine20
Instagram Reimagine: instagram.com/reimagine2021
Website Reimagine: ri2020.io

Twitter MouseBelt: twitter.com/mouse_belt
Facebook MouseBelt: facebook.com/mousebeltaccelerator
LinkedIn MouseBelt: linkedin.com/company/mouse-belt
Medium Blog: medium.com/mousebelt
Website MouseBelt: mousebelt.com

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COINS | Episode 4 | Drug Money

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#COINS #SilkRoad #CryptoPodcast