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Topic: DEA agent discusses Bitcoin in class today - page 4. (Read 8573 times)

hero member
Activity: 756
Merit: 500
October 27, 2011, 07:30:06 PM
#8
I doubt DEA can keep any close tabs on bitcoin, it is simply anonymous Smiley
hero member
Activity: 742
Merit: 500
October 27, 2011, 06:20:29 PM
#7
The DEA fails every day with more easily tracked trafficking methods.

Exactly.  All paper cash transactions are untraceable, unless you are stupid enough to leave your fingerprints on the bills.  At least bitcoins have some electronic record.  The DEA should probably embrace bitcoins instead of paper cash.

legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
October 27, 2011, 06:17:21 PM
#6
In the case of the "drug war," it being difficult indeed has made it impossible, so his words are kinda funny. The DEA fails every day with more easily tracked trafficking methods. Bitcoin is just one more win for the free market demand of goods, and one more loss for the tyranny trying to prevent it.
legendary
Activity: 1834
Merit: 1020
October 27, 2011, 06:15:23 PM
#5
If you see this cop again, please tell him that last portion of ganja I purchased in Silk Road was the best and strongest I ever had. It made me into clueless zombie.
you got it
legendary
Activity: 1512
Merit: 1049
Death to enemies!
October 27, 2011, 05:54:30 PM
#4
If you see this cop again, please tell him that last portion of ganja I purchased in Silk Road was the best and strongest I ever had. It made me into clueless zombie.
legendary
Activity: 1834
Merit: 1020
October 27, 2011, 05:24:00 PM
#3
I'm sure my username is strictly a coincidence.
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
October 27, 2011, 05:15:19 PM
#2
I enjoyed reading your post after noticing your username Wink!
The DEA made an announcement about the Silk Road awhile ago, so I'm not too surprised about that. I'm not too surprised if the DEA is keeping very close tabs on Bitcoin.
legendary
Activity: 1834
Merit: 1020
October 27, 2011, 05:12:50 PM
#1
A DEA agent (a manager of the analyst department) came to my substance abuse elective class today to talk about drug origins and drug trafficking.  During the class, I asked him whether or not he has heard of Silk Road, and to my surprise he said he had.  I then asked whether or not the DEA is targeting Silk Road due to the small impact of the Bitcoin economy and the difficulty of linking Bitcoin drug transactions to specific individuals.  His response was, "Yes, and just because it's difficult doesn't mean it's impossible."

He actually became very curious and asked me several questions about Bitcoin in front of the class, mainly general questions about what gives BTC value and how the heck I could make any money off of it.  My professor also became very interested, and after class she asked me for a website for additional information about Bitcoin (I just gave her bitcoin.org because it's easy).

Interesting stuff.
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