"A new decentralized Silk Road for illicit goods and content could appear at
any time that uses smart contracts to manage orders, to accept and release
payments, and to deduct a founders’ fee, without the need of the operators
to leave behind many digital fingerprints, if any at all. It might be
impossible to shut down a blockchain-based Silk Road, especially if its
nodes were numerous and spread across multiple jurisdictions.48
Obviously, blockchain and smart contracts would also lend themselves to
the use for blackmail and for dead hand switches that automatically
release content based on pre-programmed conditions. For example, if a
certain transaction on the blockchain has not taken place at a specific
point of time, it can trigger the smart contract function, which executes a
program.
"One can also imagine the use of a DAO to facilitate an anonymous
assassination market, which is a concept originally proposed by anarchist
Jim Bell in his 1994 essay “Assassination Politics.” Bell wrote, “While it's
comparatively easy to “get away with murder,” it’s a lot harder to reward
the person who does it, and that person is definitely taking a serious risk.’
49 His solution is an anonymous assassination market, where individuals
can anonymously contribute funds for the assassination of a celebrity to a
legal organization and whoever guesses the correct death date of the
celebrity receives all the money donated. A high enough fee for making a
bet would discourage contributors from making random guesses. As the
contributions increase, so would the incentives for somebody to kill the
unpopular celebrity and collect the money.
"In the blockchain age a smart contract can govern such an arrangement.
The assassin could be confident that the sponsoring organization will
make the payment for a correct bet and would be able to collect the money
in an anonymous fashion. An anonymous vote by all contributors could
establish whether the celebrity has died and could automatically release
accumulated funds to the correct guesser.
"According to a report by Vice,
people already use the prediction platform Augur to make bets on “the
deaths of public figures, including Betty White, Donald Trump, Jeff Bezos,
and Warren Buffett.”50 The practical advantage of an assassination market
for those participating is that it creates legal challenges as to whether
Journal of Strategic Security, Vol. 13, No. 1
https://scholarcommons.usf.edu/jss/vol13/iss1/3
DOI: https://doi.org/10.5038/1944-0472.13.1.1743
51
making a bet constitutes the incitement of murder and also who could be
charged with it in case of a large number of people contributing money to
the cause of compensating somebody who makes a correct prediction.
Blockchain-Enabled Political Revolutions
"During the Arab Spring small groups of activists could mobilize the masses
against the respective government through tweets, Facebook posts, and
text messaging. The Egyptian government became so desperate at one
point that they temporarily shut down the Internet and mobile services
nation-wide on January 28, 2011 to prevent the coordination of
anticipated mass protests.51 After the Arab Spring, many authoritarian
governments cracked down on social media and NGOs. Major social media
platforms and search engines, most importantly Facebook, Twitter, and
Google now face strong political demands to police content under the
threat of onerous regulation and fines. Peter Singer and Emerson
Brooking have pointed out that the social media companies have assumed
the functions of government and that “they are now grappled with
intractable political problems,” adding that the problems are of “the kind
[that are] always destined to leave a portion of its constituents
displeased.”52
[end of partial quote]