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Creating, Managing and Responding to Risk in Cryptomarkets

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The Darknet and Smarter Crime

Part of the book series: Palgrave Studies in Cybercrime and Cybersecurity ((PSCYBER))

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Abstract

This chapter examines the possible benefits that cryptomarkets have for harm reduction. The cryptomarket ecosystem is claimed as being transparent about drug quality and therefore benefiting both harm-reduction in illicit drug use and the establishment of a model for a legalised drug market. To that end, many market players seek to promote a rational, risk-reducing consumer-orientation to their actions. This chapter explores the significance for peer-supported harm-reduction. As with drug quality, risk and health are not agreed-on standards, but are dependent on how the drug is used. Some users do not seek to reduce their risk to the lowest possible level. Instead harm is expected and anticipated as a ‘necessary’ cost of drug use.

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  1. School of Social and Political Science, University of Edinburgh, Edinburgh, UK

    Angus Bancroft

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  1. Angus Bancroft
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Bancroft, A. (2020). Creating, Managing and Responding to Risk in Cryptomarkets. In: The Darknet and Smarter Crime. Palgrave Studies in Cybercrime and Cybersecurity. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-26512-0_9

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  • DOI: https://doi.org/10.1007/978-3-030-26512-0_9

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-26511-3

  • Online ISBN: 978-3-030-26512-0

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