Topic: [Here we go again] French Officials Seize $272,800 From Illegal Bitcoin Exchange (Read 1945 times)
July 14, 2014, 02:40:44 AM
i mean how can they seiz the btc? do they really leave their cold wallets uncrypted on the computer? this is beyong stupid. sad for those who had money on the exchange
July 09, 2014, 03:16:40 PM
God knows the French state can use the money given the general deficit situation currently
Every state in the world would try seizing bitcoin, if this is purely deficit-driven 
In order to do it they would have to seize small amounts over time. A huge all out grab would drop the price and they would end up spending more to steal them than they would get by selling them. Once again a free market protects itself.
So, this if far big enough to allow you to sell lets said 100K a day in different exchanges without being noticed and therefore, without dropping down the price..
100K a day, good rythm to cut off the deficit
July 09, 2014, 01:47:54 PM
God knows the French state can use the money given the general deficit situation currently
Every state in the world would try seizing bitcoin, if this is purely deficit-driven In order to do it they would have to seize small amounts over time. A huge all out grab would drop the price and they would end up spending more to steal them than they would get by selling them. Once again a free market protects itself.
July 09, 2014, 01:44:33 PM
Human beings are taught in kindergarten: violence and aggression are wrong and immoral.
This fundamental contradiction must end, before it ends the world via World War 3.
Damn This fundamental contradiction must end, before it ends the world via World War 3.
July 08, 2014, 03:42:28 PM
Human beings are taught in kindergarten: violence and aggression are wrong and immoral.
Nation states actions today display the opposite perspective. They seem to believe that the fundamental right of sovereignty is violence - might makes right is okay if you're a nation.
This fundamental contradiction must end, before it ends the world via World War 3.
Nation states actions today display the opposite perspective. They seem to believe that the fundamental right of sovereignty is violence - might makes right is okay if you're a nation.
This fundamental contradiction must end, before it ends the world via World War 3.
July 08, 2014, 10:24:43 AM
God knows the French state can use the money given the general deficit situation currently
Every state in the world would try seizing bitcoin, if this is purely deficit-driven 
July 08, 2014, 07:22:28 AM
God knows the French state can use the money given the general deficit situation currently
July 08, 2014, 06:02:58 AM
Can't resist saying this is so FBI - USA like kinda thing. the ones caught would sure be like "What?!! How did the FBI get here??". Apparently all the world is following the course of regulation.
July 08, 2014, 05:46:02 AM
HAHAHA!!! They saw how well the US made out selling seized coin, and now they want to pay their national debt that way too!
True story mate Why taxing citizens when you can just seize coins ?
You size drugs? Drugs cartels start killing and kidnapping people.
You size bitcoins? Well, people get mad on bitcointalks and...that's all
July 08, 2014, 04:34:52 AM
HAHAHA!!! They saw how well the US made out selling seized coin, and now they want to pay their national debt that way too!
July 08, 2014, 03:17:47 AM
388 BTC ?!!! What will happen if they decide to sell it?! Price will go down! God help us!! French are planning to destroy BTC!! Oh wait...sorry....my bad.
Well, people who where left on the road during the previous Silk Road offer will find here another way to acquire cheap seized bitcoins.I wonder what the world would look like if each time the cops seized drugs, they 'd put it on an auction sale
July 08, 2014, 03:08:10 AM
388 BTC ?!!! What will happen if they decide to sell it?! Price will go down! God help us!! French are planning to destroy BTC!! Oh wait...sorry....my bad.
July 08, 2014, 03:06:11 AM
Does France hava a Bitcoin legal right? How operators considered legal?
Well, actually, you have to register with the ACPR, as explained in the article , in order to operate.The ACPR will then give you some guidelines regarding KYC/AML , which should be strictly applied (just like Bitcoin-Central is actually doing)
July 07, 2014, 10:35:07 PM
Does France hava a Bitcoin legal right? How operators considered legal?
July 07, 2014, 09:19:23 PM
I see the nation state is still using violence / "force" to get what they want. Big surprise there.
Bitcoin offers an alternative possibility - a world governed by reason, rather than Men in Uniforms with Guns and other tools of domination and murder.
Bitcoin offers an alternative possibility - a world governed by reason, rather than Men in Uniforms with Guns and other tools of domination and murder.
That's why we need to prepare ourselves for the very likely possibility of strong resistance to bit coin from governments. The suggestion that it supports terrorism and organized crime is just the beginning.
July 07, 2014, 06:50:42 PM
9000 Euros in cash (in the pocket) and 388 BTC ... landry system with casino/poker background.
Look at the topic linked above. July 07, 2014, 06:16:25 PM
I see the nation state is still using violence / "force" to get what they want. Big surprise there.
Bitcoin offers an alternative possibility - a world governed by reason, rather than Men in Uniforms with Guns and other tools of domination and murder.
Bitcoin offers an alternative possibility - a world governed by reason, rather than Men in Uniforms with Guns and other tools of domination and murder.
July 07, 2014, 05:12:02 PM
9000 Euros in cash (in the pocket) and 388 BTC ... landry system with casino/poker background.
July 07, 2014, 04:21:31 PM
Well, the article on CCN is way more informative and accurate (9000€ a unit, wtf?) than MSN's one on the topic you linked , actually.
July 07, 2014, 04:19:09 PM
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