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Topic: Liberty Reserve shutdown is a boost for Bitcoin? - page 3. (Read 12720 times)

full member
Activity: 154
Merit: 100
welcome to riches
Being anonymous is quite fine in itself, however when someone is caught wiping fingerprints from a crime scene, they are in hot water.
So, anonymity in general is bad because the whole world is a crime scene?
yes. that is the ENTIRE reason why the majority of the world is anti bitcoin
sr. member
Activity: 434
Merit: 250
I also think curtains are for the criminals.

Those pesky women... they must have something to hide, otherwise they wouldn't need them.
legendary
Activity: 3431
Merit: 1233
Being anonymous is quite fine in itself, however when someone is caught wiping fingerprints from a crime scene, they are in hot water.
So, anonymity in general is bad because the whole world is a crime scene?
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
It arguably takes willful effort to create anonymity, which can be used to point to intent, or knowledge if these methods are uncommon. 
So, a willful effort to create anonymity is a crime? Hmmm, very interesting.
No, but willful misunderstanding should be one.

There are elements of crime.  To be guilty, all of the elements must be proven.  In the realm of tax fraud, there are innocent mistakes which get things like late fines, and there is willful fraud, which gets things like jail time, and multiples of financial damages.  The difference here is the provability of intent.

Some examples may illustrate:
Al Capone and Heidi Fleiss both ran criminal enterprises according to the government in which they resided.  Both were caught and charged for tax fraud.
They were not able to claim it was an innocent mistake because of the evidence of willful intent, they took steps to separate the money transferring from their taxable identity.

The wisdom of the founders of bitcoin is evident in that they did not themselves take the steps to separate taxable identity from the transactions.  In fact it provides some very strong logging that does precisely the opposite.  They left that step to others.  So bitcoin has survived and will survive this legal test. Individual users of bitcoin may not fare so well depending on their behavior.  Being anonymous is quite fine in itself, however when someone is caught wiping fingerprints from a crime scene, they are in hot water.
legendary
Activity: 3431
Merit: 1233
It arguably takes willful effort to create anonymity, which can be used to point to intent, or knowledge if these methods are uncommon. 
So, a willful effort to create anonymity is a crime? Hmmm, very interesting.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Do criminals put money into stocks? If they do, maybe we should shut down stock market as well.

I heard they even use roads!

Roads are also more monitored and transparent than LR is/was. 
Cameras with OCR scanning licenses and shoot photos of speeders and red light runners.

Bitcoin is distinct in that the software includes transaction tracking and serialization so governments may use it for enforcement of their laws.  It arguably takes willful effort to create anonymity, which can be used to point to intent, or knowledge if these methods are uncommon.  Intent or knowledge being a prong in most criminal cases, and all of the really serious ones.

The foregoing is not to be construed as a legal opinion.
sr. member
Activity: 434
Merit: 250
Do criminals put money into stocks? If they do, maybe we should shut down stock market as well.

I heard they even use roads!
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Do criminals put money into stocks? If they do, maybe we should shut down stock market as well.

The stock market engages in KYC.  Accounts take taxpayer IDs etc.
full member
Activity: 182
Merit: 100
Do criminals put money into stocks? If they do, maybe we should shut down stock market as well.
full member
Activity: 196
Merit: 100
Bitcoin price is not fixed unlike LR, so most likely boost for webmoney, yandex money and so on Smiley
sr. member
Activity: 434
Merit: 250
I like Bitcoin because it is not controlled and diluted everyday because someone at FRBNY wants a bigger boat, but I hardly think that qualifies me as a "stupidly agressive" "cultist". Perhaps you could explain your sensationalism?

Apart from your ventriloquy and your compulsion to call "troll" anyone who disagrees with your own views, your last post is the perfect illustration of your paranoid fanatism.

Pro. Now could you address my comments?

Quote
You're not saying anything. You spout off statistics that have been pulled from your posterior and therefore you cannot back up. Now you say Bitcoin is a "cult" with "stupidly agressive" something. What does that even mean? Even after translating to proper spelling I don't know what you're trying to say.

Fiat sucks, because centrally planned and controlled currencies are always abused by governments. I like Bitcoin because it is not controlled and diluted everyday because someone at FRBNY wants a bigger boat, but I hardly think that qualifies me as a "stupidly agressive" "cultist". Perhaps you could explain your sensationalism?

Your assertions that Bitcoin exists only to serve the deep web has been debunked to my satisfaction. There's clearly a legitimate economy growing up around Bitcoins, so how are people that engage in this economy "cultists" exactly?

Please note the conspicuous absence of the word "troll" in my posts above ^^^. I've already put the person I was referring to at the time on ignore. If he's your bud and I hurt your feelings by putting him on ignore...well tough.
member
Activity: 89
Merit: 12
I like Bitcoin because it is not controlled and diluted everyday because someone at FRBNY wants a bigger boat, but I hardly think that qualifies me as a "stupidly agressive" "cultist". Perhaps you could explain your sensationalism?

Apart from your ventriloquy and your compulsion to call "troll" anyone who disagrees with your own views, your last post is the perfect illustration of your paranoid fanatism.


sr. member
Activity: 434
Merit: 250
Try to step out of your box and look around.

Maybe you should apply to yourself this fine advice and step out of your bitcoin cult.
Have you ever noticed how stupidly agressive you and all your bitcoinbull friends become as soon as someone post anything critical about your beloved coin ?

You're not saying anything. You spout off statistics that have been pulled from your posterior and therefore you cannot back up. Now you say Bitcoin is a "cult" with "stupidly agressive" something. What does that even mean? Even after translating to proper spelling I don't know what you're trying to say.

Fiat sucks, because centrally planned and controlled currencies are always abused by governments. I like Bitcoin because it is not controlled and diluted everyday because someone at FRBNY wants a bigger boat, but I hardly think that qualifies me as a "stupidly agressive" "cultist". Perhaps you could explain your sensationalism?

Your assertions that Bitcoin exists only to serve the deep web has been debunked to my satisfaction. There's clearly a legitimate economy growing up around Bitcoins, so how are people that engage in this economy "cultists" exactly?

legendary
Activity: 3431
Merit: 1233
Have you ever noticed how stupidly agressive you and all your bitcoinbull friends become
Stand in front of a mirror and you'll see the stupidly aggressive bitcoinbull fighter!
member
Activity: 89
Merit: 12
Try to step out of your box and look around.

Maybe you should apply to yourself this fine advice and step out of your bitcoin cult.
Have you ever noticed how stupidly agressive you and all your bitcoinbull friends become as soon as someone post anything critical about your beloved coin ?
sr. member
Activity: 434
Merit: 250

Really can't understand how the trolls do not see the revolutionary magic in all this.

I have a rational hypothesis about this: the so-called trolls don't have bitcoin, so they can't buy drugs on SR, so they can't hear your inner magical revolutionary voices.
And they miserably miss the point.
Fortunately, that's not your case. Grin

Another fine post...bravo. Roll Eyes

Please also consider those that have some Bitcoins, don't use drugs, don't give a crap about SR, AND still engage in Bitcoin commerce on a daily basis. I can assure you these people exist. Try to step out of your box and look around. The Bitcoin economy is in it's infancy, but it clearly exists...yes even beyond the borders of SR.
sr. member
Activity: 280
Merit: 250
You're messing up trade volume on an exchanger with sales between two people.
Forex is doing $3.98 trillion /day  more than the revenue of the 10 biggest companies in the world /year.

That is a valid distinction. The forex trade exists because of the real economy. If there were no real economy in USD the forex trade in the USD would not exist. (OTOH the USD real economy could exist without the forex trade) You and I could invent a new currency. Say we both chip in $10k fiat and then forex trade the fiat against a new currency between ourselves a thousand times a second. The nominal value of these trades could exceed the US GDP, but it would not be real economic activity.
member
Activity: 89
Merit: 12

Really can't understand how the trolls do not see the revolutionary magic in all this.

I have a rational hypothesis about this: the so-called trolls don't have bitcoin, so they can't buy drugs on SR, so they can't hear your inner magical revolutionary voices.
And they miserably miss the point.
Fortunately, that's not your case. Grin

legendary
Activity: 1148
Merit: 1018
ASICMiner's market cap is 400k * 2.48432 = 993,728BTC = $130,059,120.64

...I know...a drop in the bucket compared to SR. Roll Eyes

Good point, I didn't thought about that.

Maaaan, you can see how crazy BTC is. These "anonymouz guyz of the interwebz", with funny names as "friedcat", built a $130M company in a few months, completely from scratch.

And they are redistributing wealth to their cheerful shareholders, which do not own a single piece of paper - only satoshis sent to their BTC addresses to confirm the amount of shares they own.

Really can't understand how the trolls do not see the revolutionary magic in all this. As I said earlier, IMO they are just butthurt and resented because they did not discover BTC earlier Wink
sr. member
Activity: 434
Merit: 250
ASICMiner's market cap is 400k * 2.48432 = 993,728BTC = $130,059,120.64

...I know...a drop in the bucket compared to SR. Roll Eyes
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