Topic: NSA KNOWS - page 3. (Read 8340 times)
It's fairly easy for the NSA or any other law enforcement agency to attach an identity to a single Bitcoin address. No matter how hard you try, you can't escape law enforcement entities like the NSA or even FBI. They know more about you than you do yourself. Seeing as Bitcoin is publicly logged for every transaction you make, it's fairly easy for NSA analysts to go through and single out your addresses.
I propose a global on-line sue against NSA. Do you agree?
It's HMRC (UK equivalent of the IRS) that people need to be worried about. The fact is, thousands of people are already dodging paying taxes by dealing in BTC. Whether they're buying/selling BTC for profit, or simply buying hashing power as an investment for profit, the fact is that thousands of UK nationals are now tax evaders.
Did you know that buying hashing power, and getting PROFIT from it, is taxable?
The government wants their slice of the cake. I'd expect tighter and stricter regulation soon. I wouldn't be surprised if the UK/USA haven't already developed software to start tracking the blockchain and uniquely identifying individuals/businesses.
Think about.. The government buys a laptop from Dell, and associates that BTC address to Dell. Any transactions from that address probably belong to Dell. It won't take long before the government has a pretty accurate record of what addresses Dell owns. If they suspect even the slightest bit of tax fraud, they can take legal recourse to initiate a tax investigation/audit.
Did you know that buying hashing power, and getting PROFIT from it, is taxable?
The government wants their slice of the cake. I'd expect tighter and stricter regulation soon. I wouldn't be surprised if the UK/USA haven't already developed software to start tracking the blockchain and uniquely identifying individuals/businesses.
Think about.. The government buys a laptop from Dell, and associates that BTC address to Dell. Any transactions from that address probably belong to Dell. It won't take long before the government has a pretty accurate record of what addresses Dell owns. If they suspect even the slightest bit of tax fraud, they can take legal recourse to initiate a tax investigation/audit.
What's the big deal about privacy anyway? […] I couldn't care less about the NSA snooping around, I got nothing to hide, if you wanna bore yourself to death monitoring my daily activities, go ahead knock yourself out.
May I have your address so I can install a couple of cams in front of your windows? I find I feel some strange gratification when I see people drifting off in their living rooms.
and make sure to post your email addresses, all of them, with passwords on here, or at least screenshots of your inbox and messages so all the random strangers on here can see all your stuff.
Wait, you dont want to do that? Then you DO value privacy after all!
The whole NSA plot is so stupid. If any three letter
agency wanted to they could focus on Bitcoin and
create a lot of trouble here. The NSA focuses and
has their hands full watching terrorist groups and
individuals. They have no reason to waste time on
Bitcoin. Now, the IRS is a different story. They're
only worried about the money and Bitcoin is
money you could potentially hide from them
and the shitt things will not be happened if I will
make my transaction and keys private..
that will be safe enough.
ikr NSA just seems stupid to me. no one is going to spend the resources tracking 1 persons everday bitcoin transactions agency wanted to they could focus on Bitcoin and
create a lot of trouble here. The NSA focuses and
has their hands full watching terrorist groups and
individuals. They have no reason to waste time on
Bitcoin. Now, the IRS is a different story. They're
only worried about the money and Bitcoin is
money you could potentially hide from them
and the shitt things will not be happened if I will
make my transaction and keys private..
that will be safe enough.
What's the big deal about privacy anyway? […] I couldn't care less about the NSA snooping around, I got nothing to hide, if you wanna bore yourself to death monitoring my daily activities, go ahead knock yourself out.
May I have your address so I can install a couple of cams in front of your windows? I find I feel some strange gratification when I see people drifting off in their living rooms.
If your involved in illegal activities Bitcoin could be used to avoid asset forfeiture if you get caught.
You may lose your house, car and job but governments can't take your bitcoins if you encrypt your wallet memorize your password and back up your keys.
You may lose your house, car and job but governments can't take your bitcoins if you encrypt your wallet memorize your password and back up your keys.
Why do we have to afraid of NSA if we dont have any bad plan with our bitcoin? I mean, are you planning use your bitcoin to buy weapons or drugs? Atleast we could avoid any taxes by government and banks, so you wont get any problem with NSA unless if you are a terrorist.
I mine my own bitcoins and steal my internet. your move NSA
I do have one question...where do all of you manage to store all that tin foil? It must take up a lot of space.
Your right to think should be revoked so you can just be a thoughtless governemnt mind slave. This nsa stuff is verifiable, they catch (or at least try to) EVERYTHING they can, and thats why multi-billion dollar data storage centers are being built. The blockchain makes it easier for them to monitor btc. Everything they capture will be there for them to access. Good luck denying that!
Ok so let's assume for a second the NSA really monitors everything. So what? What's the big deal about privacy anyway? What's important is that right now you're still able to think for yourself, you should make the best of it while you still can. Personally I couldn't care less about the NSA snooping around, I got nothing to hide, if you wanna bore yourself to death monitoring my daily activities, go ahead knock yourself out.
Wrong.
Your thoughts are generated based on what your brain has been fed with.
So you are not able to think for yourself, as you think you do.
You simply choose from the available options and proceed/modify accordingly.
it's harder for simple minds to wrap their heads around how vast (and unconstitutional) the surveillance is.
And to anyone who says "who cares about privacy", how about you post your email and password on here...oh wait you wont! BECAUSE YOU CARE ABOUT PRIVACY.
Secondly, you're ok with billions of TAXPAYER dollars directly funding a program to spy on you? That is so backwards!
It's not easy to break the mind meld that the gvt has on most people.
I do have one question...where do all of you manage to store all that tin foil? It must take up a lot of space.
Your right to think should be revoked so you can just be a thoughtless governemnt mind slave. This nsa stuff is verifiable, they catch (or at least try to) EVERYTHING they can, and thats why multi-billion dollar data storage centers are being built. The blockchain makes it easier for them to monitor btc. Everything they capture will be there for them to access. Good luck denying that!
Ok so let's assume for a second the NSA really monitors everything. So what? What's the big deal about privacy anyway? What's important is that right now you're still able to think for yourself, you should make the best of it while you still can. Personally I couldn't care less about the NSA snooping around, I got nothing to hide, if you wanna bore yourself to death monitoring my daily activities, go ahead knock yourself out.
Wrong.
Your thoughts are generated based on what your brain has been fed with.
So you are not able to think for yourself, as you think you do.
You simply choose from the available options and proceed/modify accordingly.
I do have one question...where do all of you manage to store all that tin foil? It must take up a lot of space.
Your right to think should be revoked so you can just be a thoughtless governemnt mind slave. This nsa stuff is verifiable, they catch (or at least try to) EVERYTHING they can, and thats why multi-billion dollar data storage centers are being built. The blockchain makes it easier for them to monitor btc. Everything they capture will be there for them to access. Good luck denying that!
Ok so let's assume for a second the NSA really monitors everything. So what? What's the big deal about privacy anyway? What's important is that right now you're still able to think for yourself, you should make the best of it while you still can. Personally I couldn't care less about the NSA snooping around, I got nothing to hide, if you wanna bore yourself to death monitoring my daily activities, go ahead knock yourself out.
Until they take the next step, can't prevent all terrorism even with the monitoring and implant a chip that tracks your thoughts
I do have one question...where do all of you manage to store all that tin foil? It must take up a lot of space.
Your right to think should be revoked so you can just be a thoughtless governemnt mind slave. This nsa stuff is verifiable, they catch (or at least try to) EVERYTHING they can, and thats why multi-billion dollar data storage centers are being built. The blockchain makes it easier for them to monitor btc. Everything they capture will be there for them to access. Good luck denying that!
Ok so let's assume for a second the NSA really monitors everything. So what? What's the big deal about privacy anyway? What's important is that right now you're still able to think for yourself, you should make the best of it while you still can. Personally I couldn't care less about the NSA snooping around, I got nothing to hide, if you wanna bore yourself to death monitoring my daily activities, go ahead knock yourself out.
I do have one question...where do all of you manage to store all that tin foil? It must take up a lot of space.
Your right to think should be revoked so you can just be a thoughtless governemnt mind slave. This nsa stuff is verifiable, they catch (or at least try to) EVERYTHING they can, and thats why multi-billion dollar data storage centers are being built. The blockchain makes it easier for them to monitor btc. Everything they capture will be there for them to access. Good luck denying that!
i doubt the government is spending the money and resources just to spy on regular people and watching what they do with bitcoin.
Why not? It's pretty interesting and easy for them. I mean they don't have it that easy with fiat. They can't follow it around so easy but they can follow bitcoins.
An i think they know bitcoins potential. They would be stupid not to take care. In fact i know they are not stupid since, i believe gavin did that, some years ago he held a meeting with the CIA that wanted to get informed about that new currency. Surely they will track.
And you say they don't care about the normal user. Why not? It is so easy and so few data... and if it is easy then they will observe it. Just in case.
If they will use that data to blame you against IRS, that is doubtable.
Most of these agencies work isn't to spy ordinary citizens, they try to spy other agencies and governments so the USA can have the upper hand.
That's right for sure but since edward snowden's revelations we know that the nsa is collecting data from everyone in a really big scale. And it is not that they have to spend much work or time on it. They have computer and software and practically everything goes automatically.
So yes, they spy other agencies and governments but on the way... without much manual effort, they collect data about us all.
I do have one question...where do all of you manage to store all that tin foil? It must take up a lot of space.
too bad the nsa isnt in canada 
Canada doesn't need an NSA. The Royal Canadian Air Force and Navy keep everything under control.
Hey don't be like that. We totally got real planes fighters. From WW1. >.>
too bad the nsa isnt in canada
Canada doesn't need an NSA. The Royal Canadian Air Force and Navy keep everything under control.
too bad the nsa isnt in canada
Most of these agencies work isn't to spy ordinary citizens, they try to spy other agencies and governments so the USA can have the upper hand.
So spying on every single citizen is the best way to collect actual data that matters? Have you watched the documentary Citizenfour? Obviously the NSA is exploiting their power and it just keeps growing.I do not think that they would bother with every single Bitcoin user. However, I would not be surprised if they are monitoring it nor if they have agents among the community.
The IRS however has a huge interest in bitcoin. The only national laws that matters right now have to do with capitol gains. I would guess the IRS is looking into software to find out who is evading their tax liability.
At some point they may launch a campaign to get that money, plus fines. It won't effect people who are paying now, but could get ugly for anyone who has not. or they may do nothing. As an example look at internet purchases. When you buy something online you are supposed to keep track of it and pay taxes at the end of the year. Almost no one does that and it has gone on for years now with no legal action. It would now be impossible to go back through all the data and assess fines.
Even though NSA is spying on pretty much everything, Bitcoin and PGP are harder than their usual ways. I agree that the IRS is much more interested. This is why countries in which Bitcoin is tax exempt are much better than the US (e.g. Switzerland).At some point they may launch a campaign to get that money, plus fines. It won't effect people who are paying now, but could get ugly for anyone who has not. or they may do nothing. As an example look at internet purchases. When you buy something online you are supposed to keep track of it and pay taxes at the end of the year. Almost no one does that and it has gone on for years now with no legal action. It would now be impossible to go back through all the data and assess fines.
Bitcoin is tax exempt in the U.S. too. It's exchanging it for local fiat that causes the tax liability.
Jump to: