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The twins’ own research had shown that Silk Road did not dominate the Bitcoin market, as some breathless observers in the press had proclaimed. Silk Road was in truth a small fraction of the Bitcoin economy, even though it was the fodder for many juicy headlines. The brothers’ thesis was any drop in the price of bitcoin due to the Silk Road closure was sure to correct. And, of course, as far as the twins were concerned, the death of Silk Road was very good news for Bitcoin’s future legitimacy.
Bitcoin Billionaires: A True Story of Genius, Betrayal and Redemption
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