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OfflinegeokillsA
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Designer Drug Markets Get Boost From Crypto * 2
    #27930847 - 09/02/22 03:42 PM (1 year, 4 months ago)

Quote:

Designer Drug Markets Get Boost From Crypto
Source: Coindesk

Novel psychoactive chemicals with names like 2C-B, AMT and 5-MeO-DMT are freely available at online marketplaces and digital currencies help facilitate the global trade.

Daniel Kuhn
Sep 2, 2022 at 9:35 a.m. PDT
Updated Sep 2, 2022 at 9:55 a.m. PDT
(Rachel Sun/CoinDesk)


Conversations on drug forums can get nerdy. People looking to push the barriers of their mental and bodily experience tend to know a lot about the vagaries of the law, organic chemistry, metaphysics and, increasingly, the ins and outs of blockchain technology. For many, the first step towards opening the doors of perception is managing a bitcoin (BTC) key.

Technology and drugs have always been intertwined. Marijuana was the first thing ever sold over the ARPANET, an early version of the internet, in a cross-country deal between graduate students. Magic mushrooms were the first thing listed and sold on the Silk Road, a shuttered anonymous marketplace that was proving ground for commercial use of Tor and Bitcoin.

And now, crypto is serving as a bedrock tool for an emerging world of novel drugs, the interaction of which is fundamentally reshaping the recreational drug industry. Research chemicals, aka designer drugs, are new synthetic substances sold primarily online that exist in a legal gray area.

These are chemical cousins to familiar, illicit substances like LSD, ecstasy and meth that, through a few chemical tweaks as well as ambiguities in global regulations, can be sold and advertised with almost total impunity. They have names like 2C-B, AMT and 5-MeO-DMT, and hundreds of variations are synthesized annually.

“The internet has allowed for easy access to drugs, weapons and other criminal activity through the dark web as well as other criminal organizations who make their living off the backs of those unsuspecting young people looking to score any number of drugs,” James Capra, the retired chief of global operations for the U.S. Drug Enforcement Agency (DEA), told CoinDesk.

That’s only the half of it. While darknet markets remain a popular place to score, the research drug industry thrives on the “clearnet,” or the part of the web you can explore with a Google search. This has enabled people who otherwise would not have access to recreational drugs to discover them.

Roy Gerona, a drug monitoring specialist at the School of Medicine at the University of California, San Francisco, said “the explosion” of research chemicals can be attributed to three concurrent and interrelated trends: the democratization of information over the internet, easy shipping through globalization and the adoption of digital payments – including credit cards and crypto.

“The market has evolved so rapidly,” Gerona, who was one of the first to model novel synthetic cannabinoids, said in an interview from a book-lined office. The internet has allowed for an entirely new type of market to emerge, creating a platform for demand to surface and for suppliers to meet it.

There are dedicated forums, like Erowid and on Reddit, where psychonauts (those who experiment with the new pharmacopeia) act as guinea pigs to study the effects of these never-before-seen chemicals and post about their experiences. They titrate doses and write trip reports, breaking down their experiences by the minute or hour.

The internet is a flat communications platform, allowing people from all corners to interact and share information. An illegal industry that was already difficult to police became infinitely more so now that the chain of distribution and knowledge has fragmented and dispersed online. Permissionless blockchain networks, a step change in empowering individuals through software, further complicates law enforcement.

“For the first time, you had an online payment mechanism that cannot stop you from using your own money,” Nicolas Christin, a computer science professor at Carnegie Mellon University who studies online marketplaces including the Silk Road, said about the beginnings of bitcoin.


Market size

“More brazen than anything else by light years” is how U.S. Senator Charles Schumer (D-N.Y.) characterized the Silk Road, the Tor-based marketplace founded by Ross Ulbricht, before it was shut down by the FBI in 2013.

In less than three years, some 3,877 vendors sold approximately $183 million worth of various goods and services to 146,946 users on the Silk Road. That information, a government estimate, is available because the marketplace only used bitcoin. Bitcoin was once thought to be fully anonymous, but turned out to be only pseudo-anonymous, where alpha-numeric addresses can be traced back to real identities with a little legwork.

“As law enforcement agencies get better at shutting them down, the necessary trust for such large marketplaces to function has eroded leading the way to exit scams and a general sense of wariness within the darknet market ecosystem,” Carles Lopez-Penalver, a senior cybercrime analyst at blockchain analytics firm Chainalysis, said.

For years, authorities believed the next phase of the war on drugs would involve shining lights on darknet marketplaces. After the Silk Road shut down, Silk Road 2.0 emerged, which was shuttered a year later. Copycats were easy to spin up because the original marketplace’s code was open source.

Hydra, the longest-running dark web marketplace before closing this year, took its name from this phenomenon – if you cut off one head of the mythological Hydra, two new heads grew in its place. While darknet markets are still being founded, much of the drug industry has begun to shift into public view.

“The darknet market ecosystem has changed dramatically over the past decade,” Lopez-Penalver said. The industry has moved, in part, instead to “single-vendor” shops including Next Generation and Heineken Express. Telegram and Wick, encrypted messaging platforms, allow dealers to spin up groups or interact with clients directly.

OpenBazaar, another darknet marketplace, which aimed to go mainstream, closed due to a lack of volume. Christin, who studied the marketplace, called it a “ghost town” with interesting technology that deployed decentralized file storage network IPFS, privacy-preserving cryptocurrency Zcash and Tor. Part of this issue is OpenBazaar, to appease investors, disabled drug queries in its search bar.

Part of the research chemical industry’s growth is due to its ability to operate in open view. Exact figures for the size of the industry are not available, due, in part, to its semi-clandestine nature, global spread and constantly changing bevy of available substances. In 2013, the United Nations’ World Drugs Report found 90% of countries surveyed attributed synthetic drugs a “significant” market share.

When asked how Chainalysis might treat cryptocurrency transactions involving research chemicals, Lopez-Penalver said categorization is tricky. “Some research chemicals/designer drugs may be ‘legal’ in one country; however, they may be controlled substances in another country.”

By and large, the most popular sites for designer drugs are hosted in Eastern Europe. Actual drug synthesization is done in “loosely regulated” facilities in China and India, experts have said. Increasingly, manufacturers are operating in Canada, one retailer who asked not to be identified said.


Loopholes

Governments have been slow to respond to the wave of research chemicals, which can pose serious risks for users. Manufacturers play a cat-and-mouse game with law enforcement, tweaking scheduled substances to avoid prohibition and drug testing. Because these are literally novel substances, often the effects are unknown before a drug forum guinea pig tries them.

Although entire classes of drugs have been made illegal in varying jurisdictions – such as how fentanyl and its analogues (fentalogues), synthetic opioids that can be thousands of times as potent as heroin, were banned outright in the U.S. – that is not always possible or advisable for other chemical structures that may have medicinal or other uses.

It comes down to “risk assessment,” Gerona said. The U.S. “blanket-banned” fentalogues due to their potency, wagering any potential benefits of later studying them did not square with their contributing negative effects on the ongoing opioid epidemic.

“For others, we know there are legitimate uses for synthetic cannabinoids for pain relief. Some stimulants and psychedelics can also have therapeutic effects,” Gerona said. Banning research chemicals completely would essentially be a ban on chemistry.

The United Nations Office on Drugs and Crime records under 300 banned substances globally. Because laws are typically based on specific chemical formulas, these variants, created by tacking on or snipping off groups of atoms, are legal until they are broken down in government laboratories and explicitly banned.

“While new harmful substances have been emerging with unfailing regularity on the drug scene, the international drug control system is floundering, for the first time, under the speed and creativity of the phenomenon,” the U.N. wrote.

Technically speaking, the U.S. does have a law on the books that outlaws whole ranges of chemicals that mimic illegal drugs. Other nations have similar laws and have also banned import/export of certain precursors needed to synthesize various illicit substances. But it’s a patchwork system, and hundreds of novel chemical structures continue to slip through loopholes in the law.

Quote:

"The darknet market ecosystem has changed dramatically over the past decade,” Chainalysis' Lopez-Penalver said.




Jerry Martin, founder of MicroDelics, a research chemical retailer based in “beautiful” Vancouver, British Columbia, Canada, said his wares are unregulated and for research purposes. Sometimes simply sticking a “not for human consumption” sticker on packages makes all the difference.

Martin did say some of his customers, typically people interested in microdosing trace amounts of psychoactive drugs, prefer transacting in crypto even if what they’re buying is not illegal. “A lot of customers want to make their purchases discreetly,” he said.

This was echoed by Gerona, who investigates drug forums to stay up-to-date on the market. “The main attractive feature of that community is the non-traceability of the transaction,” he said.

Tammy Jarbeau, a representative of the Public Health Agency of Canada, sent CoinDesk a series of documents spelling out Canadian regulation of pharmaceutical drugs for human use, of drug analogs and controls on chemicals and precursors, which together allow authorities to trace financial flows as part of criminal investigations.

But as it stands, the Canadian government is not necessarily tracking cryptocurrency transactions to drug retailers or manufacturers.


Portrait of psychopharamacologist Alexander 'Sasha' Shulgin, developer of MDMA, at his home laboratory in Lafayette, California. (Anthony Pidgeon/Redferns) (Redferns)

“I have reached out to many departments, and from the Canada Border Services Agency there are currently no reporting requirements under the Cross-border Currency and Monetary Instrument Reporting Regulations (CCMIRR) and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) related to virtual or crypto currencies,” Jarbeau said via email.

“Most marketplaces are now cognizant of the fact that bitcoin is not a panacea, and instead recommend that people use privacy coins. We've seen dash also, to a lesser extent, and monero seems to be more prominent than it used to be,” Christin said.


Information spreads

The most hardcore research chemical users often see their experiments as ways to improve their lives and possibly better humanity. Many of the chemicals currently sold today were first synthesized or theorized by professional biochemist Alexander Shulgin, whose books “TIHKAL” and “PIHKAL,” short for Phenethylamines and Tryptamines “I Have Known and Loved,” have become touchstones for the community. In both, Shulgin describes routes of manufacturing as well as his and his wife and friends’ subjective experiences with various substances.

The complicated chemistry he wrote about was once privileged information, which began to spread on the Usenet message boards in the early days of the web. Self-described psychonauts have taken up his tradition of experimentation. For them, drug use is a personal choice that should not be intermediated by governments.

Shulgin, who died in 2014 and is credited with inventing MDMA, argued that drug prohibition has the opposite effect to the one intended and argued for decriminalization. Although he didn't live to see the rise of the internet or the mass sale of some of the many compounds he first created, his prediction was likely correct.

See also: Criminal Crypto Use Is Growing, but That’s Just Half the Story | Sin Week

Gerona said prohibition is a double-edged sword. On one hand, it limits legitimate use and research into potentially helpful chemicals. On the other hand, it likely prevents death, addiction and other societal harms. He did say that the thousands of posts on message boards about recreational use of novel drugs has “legitimate” scientific value.

James Capra, of the DEA, said it’s not uncommon for drugs to be “counterfeit” and “deadly” when bought online. Christin said you should assume you’re talking to someone in law enforcement when using a darknet service.

Research chemicals are similar to crypto in at least one way – it’s an industry that seems to have hit escape velocity. Neither seems to be slowing down soon, and the more individuals who join the truer that is.




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··∙   long live the shroomery  ∙··
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OfflineWhoManBeing
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Re: Designer Drug Markets Get Boost From Crypto [Re: geokills] * 1
    #27931068 - 09/02/22 06:02 PM (1 year, 4 months ago)

https://www.history.com/topics/crime/history-of-mdma

Shulgin didn't develope MDMA, as link above clearly states, though link doesn't state detail, as read before somewhere, MDMA being used in Germany as a couples therapy aid.

Anyway...


--------------------
Hip, hip... WhoRAy!!!

Eye was thinking the other day...  ahh, thinking never done me no good.



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InvisibleBarnaby
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Re: Designer Drug Markets Get Boost From Crypto [Re: WhoManBeing]
    #27931509 - 09/02/22 11:22 PM (1 year, 4 months ago)

Am so tired of hearing about crypto and I get the extent that I do, it went really high then went really down and now bitcoin has value again.  How is that different then direct deposit and if one wants to get into stocks, real estate, bonds, etc.  That is so outdated well I can rely on it.  Has anyone watched that show on HBO about, the anarchists and they turn into rich stupid people and go against everything they once started.

MDMA.  Really first time I took it at a rave, yes I am gen x and asked a woman I was dancing with if she wanted to kiss me and she said yes and she was beautiful.  She wanted to do more later but I don't do just meet people and fuck. 

But to the article great!  Really, not in my case it brought them together again in a chemical induced love but with a background story.  Is how I walk through Vegas.:chems:  Just a joke and really word to the wise but I get it. 

God these last two months with a guy that worked at my apartment dying of a massive heart attack so near to retirement in front of his family on a camping trip and my psychatrist having her brain operated on, don't google that kind of operation and, it didn't work.

I don't give a shit about the small stuff in life like that book.  Let him do his thing.  MDMA can make the hobbit fat dwarf look beautiful.:shrug:  But if it resolves deeper issues in their time and history together and if they really love each other great!

MDMA used to be used in therapy of course for those that were so adverse to any kind of connection with people.  Then it became a party drug and they made it illegal and just prescribe the worst drugs possible by big pharma and when watching the evening news, listen to the side effects.  And I have been on them all.  Psych Wards, Emergency rooms, CRU's rolled in out of an ambulance.  IT DOESN'T WORK.

My hope is and what I will fight for is a massive change in the system that is like the matrix.  It makes no sense until it does but not one with A.I. coming down to harvest humans but the fakeness of the system we are for the majority do not question at all and just accept it.


Edited by Barnaby (09/02/22 11:40 PM)


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OfflineWhoManBeing
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Re: Designer Drug Markets Get Boost From Crypto [Re: Barnaby]
    #27932214 - 09/03/22 12:31 PM (1 year, 4 months ago)

Quote:

Barnaby said:

My hope is and what I will fight for is a massive change in the system that is like the matrix.  It makes no sense until it does but not one with A.I. coming down to harvest humans but the fakeness of the system we are for the majority do not question at all and just accept it.





Finally!  I read of others ranting words that make not much sense but completely agree to matter of rant as for do so myself.

Right On Bra!


--------------------
Hip, hip... WhoRAy!!!

Eye was thinking the other day...  ahh, thinking never done me no good.



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InvisibleBarnaby
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Re: Designer Drug Markets Get Boost From Crypto [Re: WhoManBeing]
    #27932835 - 09/03/22 09:20 PM (1 year, 4 months ago)

You fell for the click bate ranting, no sense of humor, fake and dumb garbage poster.  Your post are like washing my asshole with the finest toilet paper one's money can buy.

Enjoy whatever crypto you think is best in life!  Just like what ever toilet paper you think is best to wipe your ass with in life.  Don't care.:shrug:


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InvisibleHolybullshit
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Re: Designer Drug Markets Get Boost From Crypto [Re: Barnaby]
    #27933252 - 09/04/22 08:10 AM (1 year, 4 months ago)

You know how you can tell someone really doesn't care?

They never tell you so.

Or you are just drunk and lonely, desperate for any type of human interaction, searching for any thread to post on...even if it's about a topic you supposedly don't care about and are tired of hearing baout.


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OfflineTheShroomanizer
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Re: Designer Drug Markets Get Boost From Crypto [Re: Holybullshit]
    #27934102 - 09/04/22 06:08 PM (1 year, 4 months ago)

It’s funny to me, most of the people who bash cryptocurrencies, are the same people who really aren’t familiar with it. I guess some are, and they just don’t agree with it for 1 reason or another, but I still think that Web3.0 is def the future, and just like the internet of old, and much of the current internet...it can be abused in many different ways.  Oh well


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Trading Prints

-Nature gave us one tongue and two ears so we could listen twice as much as we speak-


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InvisibleBarnaby
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Re: Designer Drug Markets Get Boost From Crypto [Re: Holybullshit]
    #27934149 - 09/04/22 06:37 PM (1 year, 4 months ago)

I learned something today.  :dosinralph:

Thank you as always for adding something as a M that has no meaning to it.  Know thyself and post anything that isn't dull as shit.


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InvisibleBarnaby
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Re: Designer Drug Markets Get Boost From Crypto [Re: geokills]
    #27934350 - 09/04/22 08:35 PM (1 year, 4 months ago)

My bank is fine and finances.  I don't listen to stranger idiots. 

Jewish married couple steals 4.5 billion in Bitcoin.

Yeah, sticking with my bank. Call me lonely, no life, miserable and stupid, don't care.  My life is good.  But stranger, I want you to be that, sorry but nope.:shrug::beer:  On to Vegas again and will have a lot of fun then after recovering in 3 days will see the Gorillaz with almost front row seats in my home city at my great one bedroom apartment with wonderful art and a giant t.v. and a lot of women that want to be with me.

You have no clue.  Bully the Z's.  Shit doesn't work on me.  My life is good.

"Oh well, the Bitcoiners wanted the whole crypto thing to be beyond the reach of the so-called 'authorities' whether it be regarding taxes, regulation, payment, sanctions evasion, etc. Funny, eh, how when they lose money suddenly they want the 'authorities' to step and bring someone to justice."

Ever notice how fake thieves are and how they never really seem happy.



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OfflineTheShroomanizer
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Re: Designer Drug Markets Get Boost From Crypto [Re: Barnaby]
    #27934834 - 09/05/22 06:04 AM (1 year, 4 months ago)

If only we could “un-invent technology” even bad technology will eventually be re-tweaked and adopted. Especially by the younger generations who have $ to burn, I think if crypto (ether) survives next 2 years, then it has its place in the future, no other way around it...

Best way to defeat crypto currencies is to support Nationalism, national currencies, national borders, and enforce it.  But I just see an ever growing population of humanoids, and a world economy inching closer and closer to the Global Order.

Is what it is I guess


And a global economy could benefit from a global reserve currency that isn’t as bad as the US Dollar.


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Trading Prints

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Invisibledurian_2008
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Re: Designer Drug Markets Get Boost From Crypto [Re: geokills] * 1
    #27934990 - 09/05/22 08:35 AM (1 year, 4 months ago)

Quote:

“I have reached out to many departments, and from the Canada Border Services Agency there are currently no reporting requirements under the Cross-border Currency and Monetary Instrument Reporting Regulations (CCMIRR) and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) related to virtual or crypto currencies,” Jarbeau said via email.




Ollie North song:





Edited by durian_2008 (09/05/22 09:15 AM)


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InvisibleBarnaby
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Re: Designer Drug Markets Get Boost From Crypto [Re: TheShroomanizer]
    #27938121 - 09/07/22 03:43 AM (1 year, 4 months ago)

I am a simple man.  Be glad despite the corruption of the global banking cartel it has value and if robbed I can actually get it back.

I get globalism.  Not going to be done by the banking system.  Though it will be a part of it. You think they they don't know about crypto currency?  The agenda moves forward.


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Invisibledurian_2008
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Re: Designer Drug Markets Get Boost From Crypto [Re: Barnaby]
    #27938560 - 09/07/22 10:48 AM (1 year, 4 months ago)

The proceeds of crime money were used to fund terrorism.



Why are they lecturing the little guy, on a shoestring budget, without the actual means to move drugs, in bulk.


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Invisibledurian_2008
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Re: Designer Drug Markets Get Boost From Crypto [Re: Barnaby]
    #27938564 - 09/07/22 10:51 AM (1 year, 4 months ago)

Quote:

Barnaby said:
My bank is fine and finances.  I don't listen to stranger idiots. 

Jewish married couple steals 4.5 billion in Bitcoin.





:strokebeard: How?


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InvisibleBarnaby
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Re: Designer Drug Markets Get Boost From Crypto [Re: durian_2008]
    #27940633 - 09/08/22 03:21 PM (1 year, 4 months ago)

The waiting game.  On to Vegas, is the same thing in so many ways.  PCT is burning down from Mexico to Canada.  Canada and fake man is becoming so corrupt.  Never would of thought it or the dollar being of less value then theirs.  But has evened out.

On to Vegas.  Betting on sports, the only time I win anything there. 

But to the point I don't trust it, on with life.  To each their own.

Ready that HBO 4 part series I believe when people turn from freedom to bitcoin/cryto in all its forms to just something that started out pure and got corrupted.  Really seeing what that turned into and we are at the top of the world party then one of the founders kills himself.  Other founder, just fine bringing in New York shill.

As corrupt as the banking system is, and getting told, I know your game because the banker knew how I could build credit and not pay charges by actually paying them off almost as fast as I use my credit.  Fuck you. 

She tried to make me feel guilt.  No my integrity is fine, I know her and their game.  Crypto, best to those that do and I get it for many different reasons.  Have a small trust in the endlessly fucked up banking system.  Even if the banking system and crypto collapses and it will in time like everything corrupted does, I will be OK.


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Invisibledurian_2008
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Re: Designer Drug Markets Get Boost From Crypto [Re: Barnaby]
    #27942102 - 09/09/22 02:53 PM (1 year, 4 months ago)

It was a sincere question, in case this helps.

You can wait for something and steal a bitcoin? How does it work? :confused:

I saw some random, overgrown, adult child, on Youtube, walking up to rich peoples' houses and asking the how they made it.

Some say that they look for errors in the market.


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Re: Designer Drug Markets Get Boost From Crypto [Re: geokills]
    #27942432 - 09/09/22 06:19 PM (1 year, 4 months ago)

Quote:

geokills said:


Jerry Martin, founder of MicroDelics, a research chemical retailer based in “beautiful” Vancouver, British Columbia, Canada, said his wares are unregulated and for research purposes. Sometimes simply sticking a “not for human consumption” sticker on packages makes all the difference.






I still can't believe there is a market for this. He buys 4 aco dmt from real vendors 1 gram for 145 and sells it in a watered down bottle of "microdoses" which contain 100 mg for 170 dollars. I don't think his customers are "security conscious", more like they are morons. Buying crypto from local bitcoins and then using said coins to buy RCs is the same level of traceability as just doing a bank transfer. You'd need to tumble them first, which when it comes to buying RCs in Canada, IMO, is overkill. I sometimes use crypto to buy my RCs but only because I HODL them a long time and get way more drugs than what I paid for because the value went up. I don't fear the law, if they offer bank transfer option I take it. I can look out my window and see meth sales, no one cares about my 200 dollar order of grey area mail order drugs. 

It's 2022 and I have only ever used crypto to buy drugs or pay for illegal movie download services on nitroflare, its never going to be the way you buy 2 liters of milk.  Use cases for it never really happened, unless the economy collapses or something. I still like it for gambling, its probably higher risk for the house because of fluctuation


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Lysergamides I have tried so far: 1P-LSD, 1cP-LSD, ALD-52, AL-LAD, LSZ, ETH-LAD, MIPLA, EIPLA, 1cP-AL-LAD


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InvisibleBarnaby
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Re: Designer Drug Markets Get Boost From Crypto [Re: durian_2008]
    #27942514 - 09/09/22 07:08 PM (1 year, 4 months ago)

Brilliant.  How?  I knew this guy that knew this guy.  I think you are full of shit.


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Invisibledurian_2008
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Re: Designer Drug Markets Get Boost From Crypto [Re: durian_2008]
    #27944589 - 09/10/22 10:08 PM (1 year, 4 months ago)

Sometimes, people matter-of-fact-ly ask how money was made. They see it as strategy and not an anti-social act.


Maybe, it's childish to ask strangers.
https://www.youtube.com/c/OkDork

But, who is the Jewish couple and what did they do?


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OfflineTheShroomanizer
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Re: Designer Drug Markets Get Boost From Crypto [Re: durian_2008]
    #27945027 - 09/11/22 09:48 AM (1 year, 4 months ago)

I still think people are missing the big picture with Cryptocurrencies, and it’s main innovations around the Web3 structure, it’s multi role purposes, not just simply DeFi currency to purchase illicit items....

I love to hear people say “oh that will never happen” lol...it’s like the #1 sign that if will in fact happen...and you are just on the losing end and trying to make yourself feel better. Harsh but true.


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