The first of its kind to be funded by bitcoin, Silk Road, the play, ran in 2014 at the prestigious Edinburgh Festival Fringe. After a hiatus, it’s back and having a premiere in London. A one-man story based loosely on the trials and tribulations of Ross Ulbricht, who was convicted of having operated the notorious site and sentenced to two life terms, the production is both a symbol of the world’s most popular cryptocurrency’s drama and its power.
Silk Road the First Theatrical Production to be Funded by Bitcoin
Silk Road is Alex Oates’ attempt to weave mild politics in with a kind of morality tale. He was able to crowdfund his project on multiple sites, including Kickstarter. Even those participating in the original Silk Road forums were solicited, and an anonymous donor gave two bitcoin. At the time, they barely scraped 400 dollars a coin. Now, of course, they’re hovering over 11,000 USD. That, and according to press reports, Mr. Oates “has gone on to amass a ‘blockfolio’ currently worth $40,000, made up of multiple cryptocurrencies.”
Alex Oates didn’t describe himself as someone particularly interested in bitcoin prior to hearing about Silk Road. After an encounter with the site, and the subsequent arrest and conviction of its alleged mastermind, Mr. Oates saw a story there…