http://www.bbc.co.uk/news/world-latin-america-18993476
http://www.policymic.com/articles/10959/fbi-drug-cartels-use-bank-of-america-to-launder-money
http://www.emptywheel.net/2012/05/31/will-treasury-hire-the-guy-who-allowed-jp-morgan-help-iran-launder-money/
http://www.thedailybeast.com/articles/2012/03/21/jp-morgan-chase-closes-vatican-bank-account.html
Nothing to see here.
Topic: Chase bank not feeling comfortable - page 3. (Read 8182 times)
The one statement that I remember is bitcoin is a crack house. That must mean we are the crack whores.
Satoshi was a coke whore who came up with a better thing, crack. Addiction is just the word for loving things other than a specific person anyway.
So they fly around the country to hear people bullshit then go party later, sounds like academia.
Nope, that's business!
I hope there are at least booths set up by the companies occupied by the actual people who make things happen?
Sure, sometimes. Of all the events I've been to, most tend to go just to enjoy the entertainment and food, and network within the industry, and don't give a toss about the actual topic of discussion or supporting it. Most of the things that happen are in person-to-person conversations and unrelated. The theme is just a backdrop.
No, it tends to be about big or well-known names talking about their support for the topic at hand, a bit about the impact, a bit about what can be done. Mostly it's assumed that everyone knows what you're talking about and just needs your support. The only place I've seen anyone attempt in-depth technical discussion like this is an internal company meeting about bringing in some new system or change.
So they fly around the country to hear people bullshit then go party later, sounds like academia. I hope there are at least booths set up by the companies occupied by the actual people who make things happen?
Long story short I wouldn't worry yet. If this is the best they can do then they won't be convincing anyone anytime soon, and don't have any ideas for what can be done anyway.
No, it tends to be about big or well-known names talking about their support for the topic at hand, a bit about the impact, a bit about what can be done. Mostly it's assumed that everyone knows what you're talking about and just needs your support. The only place I've seen anyone attempt in-depth technical discussion like this is an internal company meeting about bringing in some new system or change.
No, "they" in this case seems to be JPM. If there were any logical basis to what they were putting forward, I'm sure they would do it right. Or the guy majorly blew it. He was stuttering his way through the whole thing. Maybe he knew better and had to say it anyway.
edit:
bitcoin bitcoin, 113
e-i-e-i-o!
sorry, couldn't resist...
edit:
bitcoin bitcoin, 113
e-i-e-i-o!
sorry, couldn't resist...
Well if you have been to these is that quality of presentation the norm?
My handle could very well be inspired by that song.
No, "they" in this case seems to be JPM. If there were any logical basis to what they were putting forward, I'm sure they would do it right. Or the guy majorly blew it. He was stuttering his way through the whole thing. Maybe he knew better and had to say it anyway.
edit:
bitcoin bitcoin, 113
e-i-e-i-o!
sorry, couldn't resist...
edit:
bitcoin bitcoin, 113
e-i-e-i-o!
sorry, couldn't resist...
The non-sequiturs in that video are astounding. Insane troll logic and misdirection at its very best.
The scariest thing is, having been to a few of these conferences and events, I know exactly the kind of crowd that he's preaching to, and it's not the masses, it's the power centre people sitting there in the room. They're definitely trying to undermine Bitcoin in a non-public way.
Somehow.
The scariest thing is, having been to a few of these conferences and events, I know exactly the kind of crowd that he's preaching to, and it's not the masses, it's the power centre people sitting there in the room. They're definitely trying to undermine Bitcoin in a non-public way.
Somehow.
But then why not do it right? They is not a monolithic entity.
The non-sequiturs in that video are astounding. Insane troll logic and misdirection at its very best.
The scariest thing is, having been to a few of these conferences and events, I know exactly the kind of crowd that he's preaching to, and it's not the masses, it's the power centre people sitting there in the room. They're definitely trying to undermine Bitcoin in a non-public way.
Somehow.
The scariest thing is, having been to a few of these conferences and events, I know exactly the kind of crowd that he's preaching to, and it's not the masses, it's the power centre people sitting there in the room. They're definitely trying to undermine Bitcoin in a non-public way.
Somehow.
It struck me that they don't really have much idea at all how bitcoin works. Some of the things they said betrayed their shallow understanding ... I expect they are somewhere between the "wtf?" phase and the "wow, how can this work," phase.
Give them another 3-6 months and it will be interesting to see what they are presenting. If this guy is some kind of "security expert" for JPM Morgan Chase he is probably first guy who has been officially tasked to get to grips with bitcoin (to me looks like he spends too much time in track pants in front of a bright screen eating cold pizza).
Monetary economics, crypto-financials and p2p networks is a steep learning curve for anybody let alone security consultant for a bank used to living lavish on govt. handouts.
Give them another 3-6 months and it will be interesting to see what they are presenting. If this guy is some kind of "security expert" for JPM Morgan Chase he is probably first guy who has been officially tasked to get to grips with bitcoin (to me looks like he spends too much time in track pants in front of a bright screen eating cold pizza).
Monetary economics, crypto-financials and p2p networks is a steep learning curve for anybody let alone security consultant for a bank used to living lavish on govt. handouts.
This was also my impression. They got tasked with giving this talk, waited til the last minute to make it thinking it would be easy (just program your algorithm priors a certain way -> evil tags). Then they looked into bitcoin the night before and couldn't stop reading about it. He does say bitcoin is "hosted out of a service provider" though, so maybe hes just hung over.
I refuse to believe standards are so low that people in their positions actually make decisions off research of such low quality. Perhaps I am wrong to think this.
It struck me that they don't really have much idea at all how bitcoin works. Some of the things they said betrayed their shallow understanding ... I expect they are somewhere between the "wtf?" phase and the "wow, how can this work," phase.
Give them another 3-6 months and it will be interesting to see what they are presenting. If this guy is some kind of "security expert" for JPM Morgan Chase he is probably first guy who has been officially tasked to get to grips with bitcoin (to me looks like he spends too much time in track pants in front of a bright screen eating cold pizza).
Monetary economics, crypto-financials and p2p networks is a steep learning curve for anybody let alone security consultant for a bank used to living lavish on govt. handouts.
Give them another 3-6 months and it will be interesting to see what they are presenting. If this guy is some kind of "security expert" for JPM Morgan Chase he is probably first guy who has been officially tasked to get to grips with bitcoin (to me looks like he spends too much time in track pants in front of a bright screen eating cold pizza).
Monetary economics, crypto-financials and p2p networks is a steep learning curve for anybody let alone security consultant for a bank used to living lavish on govt. handouts.
Cash, especially greenbacks, are the ultimate magnet for illicit activity. Less traceable than BTC.
It would make more sense that they gave such a crappy presentation on purpose. Anyone ignorant enough to think what they were saying had any merit to it is just going to follow what others do anyway. I'm not saying that "bitcoin is a magnet for illicit activity" is untrue, just that these two would only be right on accident based on what they presented. Also they show all the traits of either being up all night making the presentation at the last second, or being hung over.
I hope Law Enforcement will see through the veil of lies by the banksters. Bitcoin is a friend to civil harmony. This goes along with the entire milieu of banker crime ignorance. I would rather see these points debated than propagandized.
Don't ever expect a man to understand what him getting his paycheck depends on him not understanding.
lol, this is hilarious.
These guys are "looking for points where we can leverage pressure". Then they're talking about providers that host a higher amount of "illicit activities" than others. I'm dumbstruck... how did they "look at bitcoin infrastructure" and not spot the decentralized nature of it? They even located 211000 threat tags??? What's that? Bitcoin nodes? Are they planning to nuke them all?
The main problem these guys have is that they ask "where in the internet is this happening?". Wrong question!
It's like chopping down trees trying to catch a bird.
These guys are "looking for points where we can leverage pressure". Then they're talking about providers that host a higher amount of "illicit activities" than others. I'm dumbstruck... how did they "look at bitcoin infrastructure" and not spot the decentralized nature of it? They even located 211000 threat tags??? What's that? Bitcoin nodes? Are they planning to nuke them all?
The main problem these guys have is that they ask "where in the internet is this happening?". Wrong question!
It's like chopping down trees trying to catch a bird.
I hope Law Enforcement will see through the veil of lies by the banksters.
I lol'ed
Seriously, cbeast, what do you think?
I hope Law Enforcement will see through the veil of lies by the banksters.
I lol'ed
Seriously, cbeast, what do you think?
I hope Law Enforcement will see through the veil of lies by the banksters. Bitcoin is a friend to civil harmony. This goes along with the entire milieu of banker crime ignorance. I would rather see these points debated than propagandized.
This is old but interesting.
http://www.youtube.com/watch?v=2GiQEECNcZM
And for anything going on in the bitcoin world subscribe this this guys blog or follow his twitter feed.
http://themonetaryfuture.blogspot.com/
http://www.youtube.com/watch?v=2GiQEECNcZM
And for anything going on in the bitcoin world subscribe this this guys blog or follow his twitter feed.
http://themonetaryfuture.blogspot.com/
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