Topic: Bloomberg.com spreading BTC BS (Read 3282 times)

It's fluid. Whatever is supposed to be the current monster according to your politician.

 

I would have thought the Vatican, no? 

Poor choice of words, allow perhaps? Help facilitate more efficiently?

Bitcoin is maths, it can't endorse anything, it just operates regardless of the input of humans, this is something that people are completely misunderstanding about the whole network.

Many politicians and powerful men are pedos, so I certainly believe that being an average joe you could encounter or expose one by posing as a little girl for example rather easily. It's a whole grey area of shitstorm but I think it's either the following or the combination of the following:
A) The police is bought by powerful pedos.
B) Powerful pedos are wealthy thus they are never stopped/harassed by the police an never exposed.
C) The police is horribly bad at catching pedos, probably just as bad as in their war against drugs.
In any case pedos are pedos, they tend to have lower IQs, think with their cocks and generally not too hard to fool.

the thing about pedo rings is that they are ultrasecretive, so there's no way of really knowing much about their activities, unless you are NSA/CIA who are spying on them.

As far as I know most of the pedo rings are in Russia and occasionally in the U.S., I very much doubt that the vast majority of pedo stuff is financed by Bitcoin since we all know organized crime is mostly profiting from that and they are about as intelligent as the cartels in regards to BTC use.

So no, not on this plane nor on any plane does Bitcoin endorse crime. They are afraid of looking like complete tools claiming that most of drugs are being sold using Bitcoin so they move to the next best thing.

I was going to say that.. Do you have any links to support your theory?

if there is legislation or restrictions on bitcoins, it won't be specifically for BTC.. but cryptocurrencies as a whole though.

Governments will need to educate themselves as to why Bitcoin and other such currencies came about first before they think about regulating it. If they do insist on regulation chances are another form of currency will pop up and we will be right back where we are now. Those engaged in child porn will always find ways to get what they want so from credit cards to money transfer to cryptocurrencies. The next avenue for payments is not known but they will find ways.

time for me to chime in..
1. the article mentions western union 8 times
2. the article mentions Xoom 5 times
3. the article mentions credit cards a couple times
4. the article mentions wire transfer a couple times
5. the article mentions bitcoin .... a couple times

to me. it tells me
1. western union is being negatively used 4 times as much
2. Xoom is being negatively used atleast  twice as much
3. bitcoin is used the same as credit cards and wire transfer

in short the article is pointing out ALL payment systems, thus it is not a direct bitcoin attack. so dont make a big deal out of it. nasty people will use any type of money they can, you cant stop that.

if you cant talk a sicko into getting a girlfriend his own age, you wont be able to talk him into staying away from bitcoins

you do know virtual currencies includes paypal, xoom.. right? so its not a direct attack, calm down.

by you posting it and making it into a issue, is highlighting a non-issue to become something directly affecting bitcoin. your own actions is adding more public awareness to the sexual predators and creeps and making those reading this forum realise that bitcoin is being linked to that gross crap. thus you are causing more FUD and more negativity about bitcoins legitimacy for average joe.

take for instance silk road. compared to the streets of detroit with paper money, silk road is a drop in the ocean. so whenever its mentioned most people here dont scream to the heavens that its being mentioned. they just brush it off as just another media story where the editor doesnt know the facts. those reading it no longer post forum messages about silk road, as its just unwanted attention.

so chill out have a coffee and relax i dont see that article as being a big nasty attack directed toward bitcoin specifically. and it wasnt worth my time even writing this to correct you. but i did. out of respect.

in short, this guy said it best

have a nice day.

Aw c'mon. I was being nice. I was pointing out that at least somebody like you.

I guess you would know....

Sources say iluvpie60 is popular among pedos. 

i don't get what you guys are upset about, at least with this issue. it's probably true, and you can't deny it; bitcoin makes it easier for pedophiles to do their shit, but that doesn't mean bitcoin's development should have to stop just because of that.

I am not so sure about that. I feel like most people do absolutely nothing to spread BTC.

Same FUD different day. Mention bit coin along with child porn/terrorism/organized crime, scare a few people, rinse repeat ad nauseum.

Yes, he understands.

The magic thing about bitcoin on the other hand is that no single entity has to spread the word or take care about it taking off. It is the task of every single being invested in the technology to push it forward, in order to profit from a higher price. Ingenious, Satoshi, ingenious!

I have cone to terms with the fact that news companies will always find something to make news on even if it means slating something especially on slow news days. Are they able to show you stats proving that bitcoin and other virtual currencies are being used more frequently for these kind of transactions or is it just want they say has been found? I don't deny that virtual currencies are may be being used for this however only pointing out the negatives gives bad reputation especially when there is a lot of good can come from using virtual currency.