Bitcoin - Silk Road exclusively accepted bitcoins as payment

Time: Feb, 2011

Place: U.S.

Details: After early "proof-of-concept" transactions, the first major users of bitcoin were black markets, such as Silk Road. During its 30 months of existence, beginning in February 2011, Silk Road exclusively accepted bitcoins as payment, transacting 9.9 million in bitcoins, worth about $214 million.

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