Ross Ulbricht Is Free: A Victory for Bitcoin and Freedom

Ross Ulbricht Is Free: A Victory for Bitcoin and Freedom

Observe Allen on X.

In a landmark resolution that despatched waves by way of the Bitcoin group, President Donald Trump has granted a full and unconditional pardon to Ross Ulbricht, the creator of the Silk Highway darknet market. Delivered on January 21, 2025—someday later than his marketing campaign promise—this pardon goes past merely commuting Ulbricht’s sentence. It’s a symbolic gesture, maybe acknowledging the delay with goodwill. For Bitcoiners, this represents greater than justice for one man—it’s a sign of potential alignment between the administration and the values Bitcoin embodies.

The pardon follows a flurry of government orders signed on Trump’s first day again in workplace, underscoring the administration’s deal with a myriad of nationwide priorities. Nevertheless, this act stands out, notably for Bitcoiners, as a dedication to conserving guarantees, sparking hope for pro-Bitcoin laws and progress on points just like the Strategic Bitcoin Reserve.

Ross Ulbricht’s Silk Highway wasn’t only a market—it was Bitcoin’s first main use case. Launched in 2011, when Bitcoin was nonetheless in its infancy, the Silk Highway demonstrated the revolutionary potential of decentralized, censorship-resistant cash. Whereas its operations drew criticism for facilitating illicit commerce, it additionally showcased Bitcoin’s capability to allow peer-to-peer, nameless transactions.

Ulbricht’s double life sentence turned a logo of overreach—a conflict between an rigid system and the frontier spirit of technological innovation. For a lot of within the Bitcoin group, his case represented the broader battle for autonomy, privateness, and the liberty to innovate. His pardon is now being celebrated as a victory for these ideas.

The information of Ulbricht’s pardon has energized Bitcoiners, but it surely additionally highlights unresolved points. The Samourai Pockets builders may nonetheless face jail time for creating Bitcoin privateness instruments. Edward Snowden, one other determine celebrated inside the Bitcoin group, stays in exile. (Snowden’s revelations about mass surveillance have made him a key voice at Bitcoin conferences, aligning his values with the ethos of monetary and private privateness that Bitcoin embodies.)

Whereas Ulbricht’s freedom is a win, the unfinished image of justice for figures just like the Samourai Pockets builders and Snowden reminds us of the broader challenges in defending digital rights.

Ulbricht’s pardon is a big second, not only for him however for what it represents: A doable shift in how innovators and pioneers are handled after they problem current norms. It additionally alerts that the present administration could also be open to reevaluating insurance policies round expertise and privateness—points that deeply resonate with Bitcoiners.

The Bitcoin group’s long-standing assist for Ulbricht underscores the motion’s dedication to privateness, autonomy, and resistance to overreach. But, as celebrations proceed, there’s recognition that this is only one step in a bigger journey towards defending those that push the boundaries of innovation.

For Bitcoiners, this second is each a celebration and a rallying cry—a sign to maintain pushing for a future the place expertise empowers people and the place justice and innovation can coexist.

This text is a Take. Opinions expressed are completely the creator’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.

Supply hyperlink

bitcoin
Bitcoin (BTC) $ 103,948.85 0.08%
ethereum
Ethereum (ETH) $ 2,551.02 2.65%
xrp
XRP (XRP) $ 2.59 9.70%
tether
Tether (USDT) $ 1.00 0.01%
bnb
BNB (BNB) $ 675.20 3.57%
solana
Solana (SOL) $ 179.45 4.64%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.2383 3.68%
cardano
Cardano (ADA) $ 0.837801 5.69%
tron
TRON (TRX) $ 0.279105 7.05%
staked-ether
Lido Staked Ether (STETH) $ 2,545.87 2.48%
sui
Sui (SUI) $ 4.07 3.25%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,803.81 0.13%
chainlink
Chainlink (LINK) $ 17.34 4.51%
avalanche-2
Avalanche (AVAX) $ 25.53 4.20%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,070.51 2.85%
stellar
Stellar (XLM) $ 0.324487 6.77%
shiba-inu
Shiba Inu (SHIB) $ 0.000017 4.30%
hedera-hashgraph
Hedera (HBAR) $ 0.223666 8.86%
pi-network
Pi Network (PI) $ 1.28 16.76%
the-open-network
Toncoin (TON) $ 3.52 3.37%
hyperliquid
Hyperliquid (HYPE) $ 25.18 4.86%
bitcoin-cash
Bitcoin Cash (BCH) $ 414.61 1.28%
polkadot
Polkadot (DOT) $ 5.24 3.92%
leo-token
LEO Token (LEO) $ 8.48 1.77%
litecoin
Litecoin (LTC) $ 102.36 2.58%
usds
USDS (USDS) $ 1.00 0.00%
weth
WETH (WETH) $ 2,550.82 2.70%
monero
Monero (XMR) $ 342.54 4.31%
pepe
Pepe (PEPE) $ 0.000014 7.57%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,728.50 3.05%
bitget-token
Bitget Token (BGB) $ 4.91 2.30%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.21%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,926.84 0.07%
whitebit
WhiteBIT Coin (WBT) $ 30.34 0.42%
uniswap
Uniswap (UNI) $ 7.09 3.53%
bittensor
Bittensor (TAO) $ 461.85 3.15%
near
NEAR Protocol (NEAR) $ 3.27 4.41%
aptos
Aptos (APT) $ 6.04 2.29%
dai
Dai (DAI) $ 1.00 0.01%
aave
Aave (AAVE) $ 224.78 3.08%
ondo-finance
Ondo (ONDO) $ 1.07 3.86%
okb
OKB (OKB) $ 55.59 1.08%
kaspa
Kaspa (KAS) $ 0.124348 16.30%
internet-computer
Internet Computer (ICP) $ 6.00 6.33%
ethereum-classic
Ethereum Classic (ETC) $ 20.23 2.47%
crypto-com-chain
Cronos (CRO) $ 0.102618 3.78%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
vechain
VeChain (VET) $ 0.032528 6.40%
official-trump
Official Trump (TRUMP) $ 13.86 1.00%
render-token
Render (RENDER) $ 5.37 3.97%
tokenize-xchange
Tokenize Xchange (TKX) $ 34.70 0.98%
mantle
Mantle (MNT) $ 0.821296 2.30%
gatechain-token
Gate (GT) $ 22.05 1.17%
susds
sUSDS (SUSDS) $ 1.05 0.02%
ethena
Ethena (ENA) $ 0.41271 1.18%
cosmos
Cosmos Hub (ATOM) $ 5.35 2.78%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.266145 3.46%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.874682 2.51%
arbitrum
Arbitrum (ARB) $ 0.455509 1.29%
algorand
Algorand (ALGO) $ 0.252321 5.18%
filecoin
Filecoin (FIL) $ 3.22 3.07%
usd1-wlfi
USD1 (USD1) $ 1.01 0.79%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 103,364.69 0.48%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.17 0.01%
celestia
Celestia (TIA) $ 3.23 1.71%
sonic-3
Sonic (prev. FTM) (S) $ 0.607873 4.12%
fasttoken
Fasttoken (FTN) $ 4.36 0.07%
worldcoin-wld
Worldcoin (WLD) $ 1.31 5.16%
bonk
Bonk (BONK) $ 0.000024 7.03%
jupiter-exchange-solana
Jupiter (JUP) $ 0.582665 5.08%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.64 2.27%
blockstack
Stacks (STX) $ 1.01 1.11%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,554.06 2.80%
maker
Maker (MKR) $ 1,839.15 2.01%
first-digital-usd
First Digital USD (FDUSD) $ 0.99852 0.15%
quant-network
Quant (QNT) $ 102.72 5.27%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 189.17 4.89%
fartcoin
Fartcoin (FARTCOIN) $ 1.44 10.29%
optimism
Optimism (OP) $ 0.874209 2.51%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,672.41 3.23%
kucoin-shares
KuCoin (KCS) $ 11.35 0.76%
eos
EOS (EOS) $ 0.913513 2.91%
sei-network
Sei (SEI) $ 0.267499 3.68%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 2.09 8.17%
injective-protocol
Injective (INJ) $ 13.63 4.66%
immutable-x
Immutable (IMX) $ 0.730061 0.89%
flare-networks
Flare (FLR) $ 0.020387 3.13%
story-2
Story (IP) $ 4.75 1.54%
nexo
NEXO (NEXO) $ 1.28 1.03%
xdce-crowd-sale
XDC Network (XDC) $ 0.077231 1.51%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,900.38 2.88%
dogwifcoin
dogwifhat (WIF) $ 1.18 32.03%
the-graph
The Graph (GRT) $ 0.12144 3.00%
floki
FLOKI (FLOKI) $ 0.000119 14.74%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 103,913.84 0.05%
usdt0
USDT0 (USDT0) $ 1.00 0.06%
curve-dao-token
Curve DAO (CRV) $ 0.781194 1.96%
theta-token
Theta Network (THETA) $ 1.02 3.29%
Scroll to Top