Topic: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity... (Read 1649 times)
May 03, 2014, 03:40:27 AM
I'm in the wrong business.
May 03, 2014, 01:20:35 AM
oh lord that's a shitload of money. when i see something like this, i think wtf is up. if i had 35 fucking million dollars i'd just call it quits and live the rest of my life comfortably. i guess once you get that kind of money, your ego grows and you just need to have more just for to be the top dog. it's how i imagine "our" billionaires to be like as well.
May 03, 2014, 01:07:42 AM
CUZ, you were ignored !
May 02, 2014, 07:38:19 PM
...
Beyond speculative investment and trading, whats the incentive to get involved with Bitcoin or any other cryptocurrency beyond access to illicit goods or services?
Beyond speculative investment and trading, whats the incentive to get involved with Bitcoin or any other cryptocurrency beyond access to illicit goods or services?
Protection against runaway inflation is one great reason.
No central Gov can print millions of new BTC.
$$$$$$$$$$$$$$$$$$$$$$$$$
Another cabinet stacked tight with cash – all 100′s.
Does your insurance agent claim to offer household coverage for unique situations?
May 02, 2014, 07:33:10 PM
LOL
What is that supposed to be from?
Is he "security" or a very tired drug lord?
May 02, 2014, 07:29:52 PM
Regardless of whether the photo is legit or not, its a fact that cash is the mainstay of the informal economy. No contest. BUT, its legitimate applications are just as apparent. By contrast, Bitcoins "legit" applications are somewhat unclear. Clearly the most common media portrayal of crypto users harps on the (no doubt sensationalized) contingent of drug dealers, child pornographers, arms dealers et al. So what are some non-criminal, non-contraband related exchanges that ye forum dwellers have participated in ? And why should these exchanges be carried out with crypto/Bitcoin rather than with cash or credit ?
Beyond speculative investment and trading, whats the incentive to get involved with Bitcoin or any other cryptocurrency beyond access to illicit goods or services?
Beyond speculative investment and trading, whats the incentive to get involved with Bitcoin or any other cryptocurrency beyond access to illicit goods or services?
May 02, 2014, 07:18:02 PM
after showing them the drug scandals dollar has. the skeptics will then say, "ok so drugs is not a big deal".. what about all the thefts from exchanges and 3rd party services..
show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU
show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU
What is it so much more 'in your face' with bitcoin. Banks slowly drain you, bitcoin happens overnight and poof mt gox runs.
Because BTC is a new system that don't need banks, but these big corps who want your money still make their firms run like banks.
May 02, 2014, 04:36:54 PM
Impressive. Obviously this guy should have invested more of his stuff into armed forces for self defence.
May 02, 2014, 04:27:15 PM
In the US, stash houses are normally located in upper-scale neighborhoods. Usually in a quiet community where discovery would shock the conscience of neighbors. Every one I've ever seen has been within a couple blocks of an elementary school.
May 02, 2014, 10:49:59 AM
after showing them the drug scandals dollar has. the skeptics will then say, "ok so drugs is not a big deal".. what about all the thefts from exchanges and 3rd party services..
show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU
show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU
What is it so much more 'in your face' with bitcoin. Banks slowly drain you, bitcoin happens overnight and poof mt gox runs.
May 02, 2014, 10:02:04 AM
after showing them the drug scandals dollar has. the skeptics will then say, "ok so drugs is not a big deal".. what about all the thefts from exchanges and 3rd party services..
show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU
show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU
May 02, 2014, 09:25:21 AM
shit, that's majority in USD?
just like in Breaking Bad Series
illegal transaction often use cash, especially USD
what will they do with that cash?
just like in Breaking Bad Series
illegal transaction often use cash, especially USD
what will they do with that cash?
May 02, 2014, 09:16:46 AM
That's a shame, that guy should have bought some btc. That way, he wouldn't lose all his wealth like that, and also drive btc prices sky high. Win-win.
This is why Bitcoin is useful. May 02, 2014, 09:03:52 AM
I'm sure I read a story a while ago about that big bed of us dollars being all counterfeit money that was seized from somewhere. I'm not sure even the biggest Drug lords in the world would ever have 22 billion in cash lying around. They're probably a lot more smarter with their money than that.
May 02, 2014, 08:39:32 AM
Its definately a real story, I remember when it broke.
Blows your mind how much money there is in the drug trafficking world.
Prohibition anyone?
Blows your mind how much money there is in the drug trafficking world.
Prohibition anyone?
May 02, 2014, 07:01:26 AM
That's a shame, that guy should have bought some btc. That way, he wouldn't lose all his wealth like that, and also drive btc prices sky high. Win-win.
May 02, 2014, 06:45:34 AM
The photo looks real enough, and that is one truly epic pile of cash.
The owner was way overdue to retire and enjoy some of the profits.
Yeah I saw it also in the news somewhere.The owner was way overdue to retire and enjoy some of the profits.
from what i can see
10 stacks high (height)
10 stacks deep (width)
35 stacks along (length)
3500 stacks
if each stack was worth $1000 in small denominations = $3.5mill
if larger denominations worth $10k per stack = $35mill
definitely not 1 billion, and definitely not 22billion
Each stack is worth much more, trust me.10 stacks high (height)
10 stacks deep (width)
35 stacks along (length)
3500 stacks
if each stack was worth $1000 in small denominations = $3.5mill
if larger denominations worth $10k per stack = $35mill
definitely not 1 billion, and definitely not 22billion
Also I don't think that this is all the money that he had.
May 02, 2014, 06:22:34 AM
So is cash isn;t it?
That's a pretty douchey argument against bitcoin!
That's a pretty douchey argument against bitcoin!
May 02, 2014, 05:28:24 AM
from what i can see
10 stacks high (height)
10 stacks deep (width)
35 stacks along (length)
3500 stacks
if each stack was worth $1000 in small denominations = $3.5mill
if larger denominations worth $10k per stack = $35mill
definitely not 1 billion, and definitely not 22billion
10 stacks high (height)
10 stacks deep (width)
35 stacks along (length)
3500 stacks
if each stack was worth $1000 in small denominations = $3.5mill
if larger denominations worth $10k per stack = $35mill
definitely not 1 billion, and definitely not 22billion
May 02, 2014, 04:58:37 AM
I say that when it was repoorted on the BBC - the 22Bil is wrong but the rest seems ok .. I'll see if I can find a link
http://www.infojustice.com/Topics/29%20Photos%20of%20Drug%20Lords%20Home%20after%20Raid.html
http://www.infojustice.com/Topics/29%20Photos%20of%20Drug%20Lords%20Home%20after%20Raid.html
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