Apparently we have the CLAG to thank for this article:
http://law.olemiss.edu/student-run-clag-publishes-on-bitcoin-in-american-banker/
see also:
[ANN] Cryptocurrency Legal Advocacy Group (CLAG)
https://bitcointalksearch.org/topic/ann-cryptocurrency-legal-advocacy-group-clag-76216)
Topic: 2012-09-06 AmericanBanker.com Romney Shakedown Attempt Shows Bitcoin's Launde... (Read 1736 times)
September 10, 2012, 05:53:03 PM
September 06, 2012, 06:41:38 PM
someone is stealing their lunch?
They're fatasses anyway. They could use the Satoshi Diet.
September 06, 2012, 06:35:00 PM
SD is not a mixing service ... if it is, it is a pretty terrible one. They send you back coins to the same address they were spent from. When you spend a coin you have to broadcast across the network that you know the public key that produces the public hash (the bitcoin public address) ... so are probably the owner of those coins ... pretty stupid way to make your coins untraceable.
American Banker seems a little hysterical and at sea with the Bitcoin ... someone is stealing their lunch?
American Banker seems a little hysterical and at sea with the Bitcoin ... someone is stealing their lunch?
September 06, 2012, 04:47:00 PM
IDK whether SD actually mixes... if they don't, they ought to start doing so & maybe get more customers.
It can change the makeup of a wallet where there is much less taint in the coins held. It does leave a direct trace to every wager, and thus for the purpose of mixing fails miserably.
This topic is discussed here:
- https://bitcointalksearch.org/topic/blockchain-based-betting-services-function-as-mixing-services-79079
September 06, 2012, 11:44:42 AM
By the by, are BFL paying you for your sig? I think it made my eyes bleed a little on the way down the page 
And yet you looked at it and read it... I would say it's doing it's job.
Until you get ignored
You mean AFTER they read it?
September 06, 2012, 11:38:47 AM
By the by, are BFL paying you for your sig? I think it made my eyes bleed a little on the way down the page
And yet you looked at it and read it... I would say it's doing it's job.
Until you get ignored
September 06, 2012, 11:30:08 AM
No when SD first started I heard the theory that it was so popular because it is used as a mixing service right here on this forum. This author is clearly doing the research.
After all, if you are using a mixing svc you obviously have something to hide, but if you are using SD you are just gambling... but actually IDK whether SD actually mixes... if they don't, they ought to start doing so & maybe get more customers.
Mixing would ruin the point of satoshi dice payouts etc being provable After all, if you are using a mixing svc you obviously have something to hide, but if you are using SD you are just gambling... but actually IDK whether SD actually mixes... if they don't, they ought to start doing so & maybe get more customers.
They don't mix at all, when a bet wins it's paid to the sending address.
September 06, 2012, 11:20:41 AM
No when SD first started I heard the theory that it was so popular because it is used as a mixing service right here on this forum. This author is clearly doing the research.
After all, if you are using a mixing svc you obviously have something to hide, but if you are using SD you are just gambling... but actually IDK whether SD actually mixes... if they don't, they ought to start doing so & maybe get more customers.
After all, if you are using a mixing svc you obviously have something to hide, but if you are using SD you are just gambling... but actually IDK whether SD actually mixes... if they don't, they ought to start doing so & maybe get more customers.
September 06, 2012, 11:19:01 AM
By the by, are BFL paying you for your sig? I think it made my eyes bleed a little on the way down the page
And yet you looked at it and read it... I would say it's doing it's job.
September 06, 2012, 11:13:54 AM
LMAO @ mistaking satoshi dice for a mixer
"Americanbanker" clearly isn't ready for this
"Americanbanker" clearly isn't ready for this
September 06, 2012, 11:10:32 AM
Quote
One mixing service markets itself as a "the world's most popular Bitcoin betting game."
uh?
AHAHAHAHHAA I can see why they think it's a "mixing service"
LOL@the SatoshiDice block spam
September 06, 2012, 11:00:15 AM
Quote
One mixing service markets itself as a "the world's most popular Bitcoin betting game."
uh?
AHAHAHAHHAA I can see why they think it's a "mixing service"
LOL@the SatoshiDice block spam
walks like a duck, quacks like a duck
but it's a dog...
By the by, are BFL paying you for your sig? I think it made my eyes bleed a little on the way down the page
September 06, 2012, 10:52:34 AM
Quote
One mixing service markets itself as a "the world's most popular Bitcoin betting game."
uh?
AHAHAHAHHAA I can see why they think it's a "mixing service"
LOL@the SatoshiDice block spam
walks like a duck, quacks like a duck
but it's a dog...
September 06, 2012, 10:42:24 AM
Quote
One mixing service markets itself as a "the world's most popular Bitcoin betting game."
uh?
AHAHAHAHHAA I can see why they think it's a "mixing service"
LOL@the SatoshiDice block spam
walks like a duck, quacks like a duck
September 06, 2012, 10:40:21 AM
Quote
One mixing service markets itself as a "the world's most popular Bitcoin betting game."
uh?
AHAHAHAHHAA I can see why they think it's a "mixing service"
LOL@the SatoshiDice block spam
September 06, 2012, 10:17:36 AM
Quote
One mixing service markets itself as a "the world's most popular Bitcoin betting game."
uh?
September 06, 2012, 09:56:17 AM
Romney Shakedown Attempt Shows Bitcoin's Laundering Potential
http://www.americanbanker.com/bankthink/romney-shakedown-attempt-shows-laundering-potential-of-bitcoin-1052402-1.html
Quote
It may be an elaborate hoax, but an apparent attempt to blackmail Mitt Romney shows the dark side of a disruptive financial technology and raises serious legal questions.
http://www.americanbanker.com/bankthink/romney-shakedown-attempt-shows-laundering-potential-of-bitcoin-1052402-1.html
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