Got off the phone with the Guy from the S.E.C - page 3.

marcus_of_augustus

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Eadem mutata resurgo

Quote from: Cluster2k on September 26, 2012, 08:37:07 AM

I'm not sure about the 'crying to mommy and daddy' business in seeking justice through official channels. What other ways are there? Giving someone a 'scammer' tag on a forum? Scary. Not trading with them any more? They'll open a new account and scam away.

The alternative is vigilante justice and settling scores like less savoury sections of society.

The boundaries are no longer so clear anymore since the governments have gotten increasingly criminalised with rorts like the MF Global robbery, the trillion dollar bankster bailouts, fraud-closure, SEC watching porn while Lehman bros crashed and untold fraud went by .... choose your "enforcers" carefully?

goodlord666

sr. member

Activity: 434

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100%

Quote from: ?? on ??

Quote from: goodlord666 on September 26, 2012, 02:58:59 PM

Interesting.

Also, why would government have jurisdiction over Bitcoin, and not Bitcoin over government?

After all, this is the early stages of a more advanced system over the old one.

It can be used for laundering or getting out of taxes, as long as the exchange do there jobs they will not interfere with bitcoin. To be honest if they do anything to bitcoin, then Blizzard, and every other virtual currency should be shutdown as well.

We should be taxing them.

After all, they're running governments on our soil.

goodlord666

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Activity: 434

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100%

Quote from: ronwan on September 26, 2012, 08:08:19 AM

Quote from: Severian on September 24, 2012, 01:41:18 PM

Quit calling Mommy and Daddy to settle disputes. Instead, why don't people learn to watch how they conduct business and be careful of who they conduct business with?

I just saw a Lecture where a guy was talking about the Jewish Diamond dealers and Cowboys selling cattle in the west today. These businesses operate on trust and reputation alone. If you go to the government to try to solve a dispute you are ostracized by the group.
I'm not sure of the details on the start of this thread but bringing in the Feds as it were might be a cure that is far worse than the disease.

Interesting.

Also, why would government have jurisdiction over Bitcoin, and not Bitcoin over government?

After all, this is the early stages of a more advanced system over the old one.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: Cluster2k on September 26, 2012, 08:37:07 AM

I'm not sure about the 'crying to mommy and daddy' business in seeking justice through official channels. What other ways are there? Giving someone a 'scammer' tag on a forum? Scary. Not trading with them any more? They'll open a new account and scam away.

The alternative is vigilante justice and settling scores like less savoury sections of society.

Pretty much.

Dalkore

legendary

Activity: 1330

Merit: 1026

Mining since 2010 & Hosting since 2012

Quote from: ronwan on September 26, 2012, 08:08:19 AM

Quote from: Severian on September 24, 2012, 01:41:18 PM

Quit calling Mommy and Daddy to settle disputes. Instead, why don't people learn to watch how they conduct business and be careful of who they conduct business with?

I just saw a Lecture where a guy was talking about the Jewish Diamond dealers and Cowboys selling cattle in the west today. These businesses operate on trust and reputation alone. If you go to the government to try to solve a dispute you are ostracized by the group.
I'm not sure of the details on the start of this thread but bringing in the Feds as it were might be a cure that is far worse than the disease.

Can you post a link to the lecture? I would like to watch.

Cluster2k

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Activity: 1692

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I'm not sure about the 'crying to mommy and daddy' business in seeking justice through official channels. What other ways are there? Giving someone a 'scammer' tag on a forum? Scary. Not trading with them any more? They'll open a new account and scam away.

The alternative is vigilante justice and settling scores like less savoury sections of society.

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: ronwan on September 26, 2012, 08:08:19 AM

I just saw a Lecture where a guy was talking about the Jewish Diamond dealers and Cowboys selling cattle in the west today. These businesses operate on trust and reputation alone. If you go to the government to try to solve a dispute you are ostracized by the group.

As does the Mafia and the Triads.

I'm not sure how operating like criminal organizations helps Bitcoin.

ronwan

newbie

Activity: 25

Merit: 0

Quote from: Severian on September 24, 2012, 01:41:18 PM

Quit calling Mommy and Daddy to settle disputes. Instead, why don't people learn to watch how they conduct business and be careful of who they conduct business with?

I just saw a Lecture where a guy was talking about the Jewish Diamond dealers and Cowboys selling cattle in the west today. These businesses operate on trust and reputation alone. If you go to the government to try to solve a dispute you are ostracized by the group.
I'm not sure of the details on the start of this thread but bringing in the Feds as it were might be a cure that is far worse than the disease.

BitcoinINV

sr. member

Activity: 448

Merit: 250

I have talked with Nefario told him about what we discussed, and also expressed my concern with this. We face a problem, if the GLBSE goes legit, the U.K. will require people to disclose their identity. " I'm not positive about this but it makes sense". Now the U.S.A says GLBSE is illegal, GLBSE requires identity,U.S. asks the U.K. to cooperate and now we are charged with securities fraud. We could not list or register under real names, which would make it impossible to have a validated I.D. thus making U.S. Businesses not able to post on the GLBSE.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: repentance on September 25, 2012, 09:59:19 PM

Quote from: Bitcoin Oz on September 25, 2012, 09:47:40 PM

Quote from: aura.flux on September 25, 2012, 06:19:08 PM

Fuck, I hope GLBSE can handle this one if shit hits the fan.

Its going to get ugly.

We've always known that sooner or later Bitcoin ventures would come under the scrutiny of US regulators. If service operators didn't prepare for that inevitability, then they are fools.

That being said,

if they make any sort of move against bitcoin they will cause a streisand effect.

RB26DETT

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posting in a legendary thread.

gweedo

legendary

Activity: 1498

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Quote from: Vladimir on September 25, 2012, 12:44:23 PM

Quote from: PirateHatForTea on September 25, 2012, 11:31:21 AM

Charlie / Yankee, I don't see what you gain by talking to investigators.

This vid is more about police and criminal cases, but it is still very much worth watching and the lessons are still applicable.

https://www.youtube.com/watch?v=6wXkI4t7nuc - "Don't talk to the police"

Draw from it what you will, but give it a look over before you decide whether to talk to the SEC.

Awesome video! Back at ya
https://www.youtube.com/watch?v=eDJrQBwJpqk

the proper way to handle a pull over http://youtu.be/0PKtGnyGuKM?t=57s

annette786

full member

Activity: 160

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I'm not familiar with UK compliance laws, but GLBSE is in clear violation of US laws. I'm surprised how many of you are involved. Don't worry, the SEC is here to protect unaccredited investors like yourselves. They will do so by making your investments worthless.

repentance

hero member

Activity: 868

Merit: 1000

Quote from: Bitcoin Oz on September 25, 2012, 09:47:40 PM

Quote from: aura.flux on September 25, 2012, 06:19:08 PM

Fuck, I hope GLBSE can handle this one if shit hits the fan.

Its going to get ugly.

We've always known that sooner or later Bitcoin ventures would come under the scrutiny of US regulators. If service operators didn't prepare for that inevitability, then they are fools.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: aura.flux on September 25, 2012, 06:19:08 PM

Fuck, I hope GLBSE can handle this one if shit hits the fan.

Its going to get ugly.

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: BitcoinINV on September 25, 2012, 12:36:50 PM

I fall under hobby tax right now so good luck with that...... make bitcoin a bigger target while your at it

who snitchin now lol

Explain how talking to the IRS about something completely different is going to impact bitcoins? I didn't even say bitcoins to them so get facts before making rumors.

repentance

hero member

Activity: 868

Merit: 1000

Quote from: odolvlobo on September 25, 2012, 08:13:54 PM

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.

Now that's sig-worthy.

Cablez

legendary

Activity: 1400

Merit: 1000

I owe my soul to the Bitcoin code...

Quote from: odolvlobo on September 25, 2012, 08:13:54 PM

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.

Nice.....

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: BitcoinINV on September 25, 2012, 12:28:03 PM

Nothing was mentioned in passing he asked questions I answered I know of 3 people that talked to him and had the same type of convo. He knew well before he talked to me what he wanted to know. Like I said he has been reading the forums and all the info. Call him yourself, ask get off my nuts.

Quote from: gweedo on September 25, 2012, 12:16:41 PM

Quote from: jgarzik on September 25, 2012, 11:32:14 AM

Quote from: Nefario on September 25, 2012, 01:27:04 AM

Quote from: Yankee (BitInstant) on September 25, 2012, 01:25:19 AM

Quote from: Nefario on September 25, 2012, 12:14:07 AM

Quote from: Yankee (BitInstant) on September 25, 2012, 12:04:21 AM

Did GLBSE ever verify the identity of Pirate40 ?

Why would we verify pirate40? He never listed listed anything on GLBSE. How are we supposed to verify people who don't even use our platform?

So why was GLBSE brought up in this topic ?

Same reason BFL was, the guy mentioned us in passing when asking about pirate.

Hardly. BFL was mentioned because the OP is an ass who wants to make trouble.

Can we get a snitch tag on BitcoinINV? Seriously can we?

Ill build you a bridge Gweedo so you can get over it and live under it.

Did you not just say you were going to turn me in?

Quote

Did you not just say you were going to turn me into the S.E.C or was I mistaken?
Don't worry I have my call with the S.E.C today and I will make sure they know who you are, btw if they recorded you why didn't you ask for a copy and post it on the forum? Or did you wave that. Also I am I going to show them your violence that you have threaten me with so that should void out anything you told them. I hope you know your the troll, I hope your LLC is updated.

I am not commenting on that cause my lawyer advised me not too, but I can say IRS we be giving you a call.

odolvlobo

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Activity: 4522

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All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.

Topic: Got off the phone with the Guy from the S.E.C - page 3. (Read 28540 times)