"You are pardoned." A phone call ended Ross Ulbricht's 11-year prison life. The legendary figure who made Bitcoin soar from $0.1 to $1,100 finally saw the light of day again. The person who released him was none other than Trump, who had just caused a stir for issuing a coin. The incoming US president not only changed a person's fate with a pardon, but also set off a storm in the crypto market. Who is Ross? In 2011, this 26-year-old young man did something earth-shattering: he created the dark web trading platform "Silk Road". At that time, Bitcoin was only worth a few cents and no one was interested. But Ross was the first to discover its potential and turned Bitcoin into the only payment method on the platform. This move directly transformed Bitcoin from a "toy" to a "tool". Market data showed that the Bitcoin circulating on the platform accounted for 80% of the total transaction volume on the entire network. In just two years, Bitcoin rose from $0.1 to $1,100. "The core of blockchain technology is decentralization and anonymity," and Ross used 'Silk Road' to perfectly demonstrate these two characteristics. Although the method is controversial, he did find the first real application scenario for Bitcoin. " Of course, this kind of "innovation" comes at a price. In 2013, in a bookstore, a carefully planned play brought Ross down. The FBI arranged a pair of agents pretending to be a couple to quarrel next to him and arrested him when he was distracted. His computer was still logged into the dark web administrator account, which was conclusive evidence. In the end, the court sentenced him to two life sentences plus 40 years. Some people say he is a criminal, while others say he is a liberal fighter. In the crypto community, there has been a strong call for a sentence reduction. Trump's release of Ross seems to be fulfilling his campaign promise, but in fact it is a bigger game. Just a few days ago, the TRUMP coin he issued was severely criticized by the cryptocurrency circle, saying that he was using his presidential status to cut leeks. This time, releasing Ross immediately calmed down a lot of controversy. "This is where Trump's brilliance lies," on the one hand, he used the pardon to show his support for the crypto industry, and on the other hand, he paved the way for his Bitcoin strategic reserve plan. " From a technical perspective, Ross's release from prison may herald a new turning point for the crypto industry. The bitcoin that he pushed to $1,100 has now exceeded $105,000. And this industry, which started as an underground transaction, has gradually moved towards the mainstream market under the sun. Ross is now 41 years old, and Bitcoin has gone from obscurity to a Wall Street upstart. Who would have thought that the prisoner who changed the fate of Bitcoin 11 years ago would eventually be released by a "Bitcoin President"? This may be the magic of fate: history is always full of unexpected twists and turns. |
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