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02/06/2021

Which was an important result of the trade along the Silk Road?

Which was an important result of the trade along the Silk Road?

One obvious effect of trade along the Silk Road was more goods were available in more places. Silk, owing to its soft texture and appealing shimmer, became so hotly desired that it was used as currency in central Asia.

Which was the most important effect of trade along the Silk Road Brainly?

Answer Expert Verified The most important result of Silk Road trade was the exchange of inventions and ideas .

Which outcome was result of the development of the Silk Road?

It is true that the Silk Road enabled goods movement, but the most significant outcome was the movement of people and ideas: the spread of religions, social customs, languages, political ideas, agricultural practices, scientific knowledge and technological innovations (Williams, 2014).

How did the Silk Road impact the world?

The Silk Road was important because it helped to generate trade and commerce between a number of different kingdoms and empires. This helped for ideas, culture, inventions, and unique products to spread across much of the settled world.

Why was the Silk Road dangerous?

It was incredibly dangerous to travel along the Silk Road. You faced desolate white-hot sand dunes in the desert, forbidding mountains, brutal winds, and poisonous snakes. But, to reach this strip, you had to cross the desert or the mountains. And of course there were always bandits and pirates.

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Why is the Silk Road important today?

Even today, the Silk Road holds economic and cultural significance for many. It is now recognized as a UNESCO World Heritage Site, while the United Nations World Tourism Organization has developed the route as a way of ‘fostering peace and understanding’.

When did the Silk Road stop being used?

1453 A.D.

What remains of the Silk Road today?

Part of the Silk Road still exists, in the form of a paved highway connecting Pakistan and the Uygur Autonomous Region of Xinjiang, China.

Who invented silk road?

Ross Ulbricht

Who created the Dark Web?

Roger Dingledine

Who is Lucydrop?

Ross William Ulbricht (born March 27, 1984) is an American who created and operated the darknet market website Silk Road from 2011 until his arrest in 2013. The site used Tor for anonymity and bitcoin as a currency and facilitated the sale of narcotics and other illegal sales.

Is Silk Road a true story?

It is based on “Dead End On Silk Road: Internet crime kingpin Ross Ulbricht’s big fall”, a Rolling Stone article written about Ulbricht by David Kushner.

What was sold on the Silk Road website?

In 2011 there was a new bad guy in cyberspace behind the website Silk Road. He oversaw more than $200 million in illegal transactions on the dark web, involving the sale of drugs, weapons and illicit services such as computer hacking. Even murders for hire were discussed on the site.

How did Ross Ulbricht discover Bitcoin?

During his forays into trading, Ross had discovered bitcoin, the digital cryptocurrency. The value of bitcoin—based only on market factors, unattached to any central bank—aligned with his advancing libertarian philosophy.

Who invented Bitcoin?

Satoshi Nakamoto

How much worth is a Bitcoin?

A bitcoin was worth 8,790.51 U.S. dollars as of March 4, 2020. All the bitcoins in the world were worth roughly $160.4 billion. Bitcoin accounted for just 0.4% of the world’s money. Bitcoin was worth only about 1.6% as much as the world’s gold supply.

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How much Bitcoin can I buy for $100?

about 1,000 bitcoins

How much is 100 Bitcoins worth today?

10, 2017: Bitcoin-mania was fully underway by this point, with prices exploding to $13,160. That $100 would today be worth $332.

Is it smart to invest in Bitcoin right now?

Bitcoin may be gaining popularity right now, but that alone doesn’t make it a smart investment. Before you invest any money, think about your tolerance for risk. If you have money to burn and are willing to risk it, it may be worth the gamble. But for most investors, it’s best to steer clear of Bitcoin for right now.

Should I invest in Bitcoin or ethereum?

Bitcoin is the more mainstream and stable of the two, although the bullish sentiment among experts in the field appears to have only grown over the last year for Ethereum. As with most investments, it’s possible Ethereum’s higher risk brings with it potential for higher rewards.

Is Bitcoin a risky investment?

Bitcoin is at the (very) “high-risk” end of the investment spectrum. The price of cryptocurrencies is volatile; some can go bust, others could be scams, and occasionally one may increase in value and produce a return for investors.

Are Bitcoins a good investment?

Based solely on its price history, bitcoin has been a winning investment. In January 2009, it had no value; 12 years later in February 2021, it surpassed $50,000 for the first time. It was up 350% in 2020, but fell 64% in February and March.

Can you cash out Bitcoin?

A common way to cash out Bitcoin is through a third-party exchange, such as Coinbase, Kraken, or Bitstamp. Most platforms allow you to cash out only with the bank account you used to deposit funds. This means that you need to deposit a small amount of fiat first to be able to make a withdrawal.

How has the Silk Road changed the world?

Cultural and religious exchanges began to meander along the route, acting as a connection for a global network where East and West ideologies met. This led to the spread of many ideologies, cultures and even religions. Even today, the Silk Road holds economic and cultural significance for many.