twelve the silk road was created by ross albright who was known under the pseudonym as dread pirate roberts the web site was designed to use for tor and big corn and allowed people to buy and sell whatever they wanted as long as they weren't hurting anyone else the widespread adoption of the coin and the invisibility of the dark web allowed silk road to quickly become the world's drug marketplace and dread pirate roberts to become one of the world's biggest drug kingpins in two thousand and thirty. he was arrested he is currently serving a double life sentence plus forty years without the possibility of parole meanwhile during that same time after steadily making gains in was worth one dollar for the first time in two thousand and eleven by june of that year big quinn was worth over thirty dollars but then it took a hit and drop back down to ten dollars and that want to be the last time that quinn prices took a hit over the next two years because it increases in popularity and after hitting the thousand dollar price value for the first time in two thousand and thirteen it quickly begins to

things before but kryptos bitcoin they've been sort of a breeding ground now remember the drug pirate roberts and the silk road where all these nefarious activities because you can't track you know the kryptos because you can track drugs actually drug trafficking trafficking weapons trade even human trafficking but a lot seems to have been rooted out over the years but how do you really judge the state of the industry trying to keep the crooks away kristie yes so the d.a. actually did put out a very interesting report awhile ago in two thousand and thirteen when they looked at it cryptocurrency transactions ninety percent of it was used for nefarious actions on silk road for drug trafficking and a lot of other illicit activities ninety percent of transactions which is quite a lot but then last year when they reevaluated it came down to ten percent so the industry actually changed a lot so now nefarious activities only make up of ten percent of the total transactions and that's across the area and dash all of them as a whole so the industry quite shifted a lot and a lot of that is because new

pirate or steel and him force important trade secrets. we have a knowledge-based economy. if we give up on that, we are going to be behind. david: it is not just the president. we have roberthizer, a long-term negotiator. get the u.s.-mexico, canadian agreement through. did we learn anything from that that might indicate where we might head with china? ron: i do not know. he did get the agreement negotiated and i applaud him for. know, the benefit as you we had updated and modernized nafta as part of the negotiations around the trans-pacific partnership when we were a member of that. with the exception of the provisions made to strengthen labor and wages for auto workers, they had a template they could pick up and move on from. will be, can we get that through congress? the more troubling part is the to tieon that it tends canada's and mexico's hands from leading an agreement with china which is going to bleed over. i do not know there is a lot we can learn. we are such long-term trading partners, strategic partners, and that is a relationship that all countries needed to get right. david: as we look forward to the ratification needed for this new agreement, the complaints