Ross Ulbricht’s Memorabilia Auction Raises $1.8 Million, Underscoring Bitcoin’s Viability

Ross Ulbricht’s personal memorabilia auction, conducted entirely in Bitcoin, has generated over $1.8 million. Items like his prison ID card were sold for high prices, reflecting community interest in the Silk Road story and Ulbricht’s continued advocacy efforts. This auction marks a shift away from government-led auctions of Silk Road-related Bitcoin, demonstrating the potential of Bitcoin as a transactional asset.