Defense Distributed Is Now Entering The Bitcoin Game With Dark Wallet

    November 1, 2013

Remember Defense Distributed? They were the guys that made the first 3D printed gun – the Liberator. The goal was to make a gun that couldn’t be controlled by anybody but the people making it. Now the group has teamed up with Unsystem to do the same thing with commerce.

Defense Distributed and Unsystem announced this week their intention to create a new Bitcoin management system called Dark Wallet. As its name implies, it will be an encrypted browser based wallet that will hold all of your bitcoins while protecting it from the spying eyes of regulatory bodies.

In the debut promo video for the service, Defense Distributed’s Cody Wilson points to the recent movements within the world’s banking community to regulate bitcoin and punish those who use it. He explicitly references Dread Pirate Roberts and the shutdown of the Silk Road as one of the reasons why the world needs a decentralized and encrypted bitcoin storage system.

To help with the development of Dark Wallet, the team took to Indiegogo hoping to raise $50,000. They still have 44 days let in the campaign and have already raised over $21,000. That’s only the amount raised through Indiegogo, however, as the team notes that they’ve also raised over 50 bitcoins for the project through anonymous donors as well. At the current value of $216 dollars per bitcoin, the team has raised another $10,000.

[Image: Defense Distributed/YouTube]