Topic: Regulator assholes!!! (Read 1129 times)
the US simply is too "up in the air" regarding regulations for companies to keep their HQ there. We might see Xapo return in the future though.
Xapo leaves California for Switzerland - due to dumb cops.
http://www.coindesk.com/xapo-switzerland-privacy-concerns/
Well, I think the Finance police (Calvery, Lawsky and their buddies) have given every reason for Bitcoin enterprises to pack it up and leave the US. They couldn't wait for need to arise, instead they decided to stick their heads up everyone's ass before trouble begins. No more effective way to get people to say 'Adios!' Stupid fucking cops.
Way to put out the fire!!! London is trying to do the opposite. In 20 years, everyone will be talking about how the US let bitcoin technology go offshore.
http://www.coindesk.com/xapo-switzerland-privacy-concerns/
Well, I think the Finance police (Calvery, Lawsky and their buddies) have given every reason for Bitcoin enterprises to pack it up and leave the US. They couldn't wait for need to arise, instead they decided to stick their heads up everyone's ass before trouble begins. No more effective way to get people to say 'Adios!' Stupid fucking cops.
Way to put out the fire!!! London is trying to do the opposite. In 20 years, everyone will be talking about how the US let bitcoin technology go offshore.
Well, personally I think it's a good thing.
Why do I say that?
Well, now everybody will realize that the U.S. is no place to be because you will always be depressed.
So, they all leave, go where they can actually operate and be (more) free.
Oh, and the good part: The U.S. government wont be able to do jack shit because it's out of their jurisdiction.
Lesson we have learned?
Bitcoin will continue to operate within or without the U.S. because Bitcoin is universal
I agree with you, Bitcoin is universal so people would not stop using Bitcoin just because 1 country. Because Bitcoin is not run by any country, it's in the internet
It would continue to operate without the U.S, but a U.S. ban would severely damage it. Other developed countries often follow the United State's lead and would probably also ban it. Right now the U.S. has chosen to regulate it rather than ban it, and other developed countries are also following the regulation path. Beginning in September 2015, France will start monitoring all cash transfers, which will probably mean tighter cryptocurrency regulations involving cash transfers to exchanges.
Xapo leaves California for Switzerland - due to dumb cops.
http://www.coindesk.com/xapo-switzerland-privacy-concerns/
Well, I think the Finance police (Calvery, Lawsky and their buddies) have given every reason for Bitcoin enterprises to pack it up and leave the US. They couldn't wait for need to arise, instead they decided to stick their heads up everyone's ass before trouble begins. No more effective way to get people to say 'Adios!' Stupid fucking cops.
Way to put out the fire!!! London is trying to do the opposite. In 20 years, everyone will be talking about how the US let bitcoin technology go offshore.
http://www.coindesk.com/xapo-switzerland-privacy-concerns/
Well, I think the Finance police (Calvery, Lawsky and their buddies) have given every reason for Bitcoin enterprises to pack it up and leave the US. They couldn't wait for need to arise, instead they decided to stick their heads up everyone's ass before trouble begins. No more effective way to get people to say 'Adios!' Stupid fucking cops.
Way to put out the fire!!! London is trying to do the opposite. In 20 years, everyone will be talking about how the US let bitcoin technology go offshore.
Well, personally I think it's a good thing.
Why do I say that?
Well, now everybody will realize that the U.S. is no place to be because you will always be depressed.
So, they all leave, go where they can actually operate and be (more) free.
Oh, and the good part: The U.S. government wont be able to do jack shit because it's out of their jurisdiction.
Lesson we have learned?
Bitcoin will continue to operate within or without the U.S. because Bitcoin is universal
I agree with you, Bitcoin is universal so people would not stop using Bitcoin just because 1 country. Because Bitcoin is not run by any country, it's in the internet
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
Hmm, I wouldn't be very sure about that.
Aren't Swiss bank accounts a tax evaders and basically every criminals haven?
It was. Things have changed http://www.out-law.com/en/topics/tax/tax-litigation--disputes-/the-ukswiss-agreement-over-taxation-of-undeclared-swiss-bank-accounts/
Hmm, I didn't know that.
The link you have posted says UK/Switzerland agreement though.
Doesn't mention U.S.
Not that it really matters because U.S & U.K work together right?
Well, as HI-TEC99 and NUFCrichard said, the U.S. And EU are also taking similar approaches regarding Swiss banking and taxations
This however, could prove to be a good thing for Bitcoin.
If all these millionaires cannot hide their money in Swiss bank accounts, they will resolve to Bitcoin and crypto in general.
Innit?
You're right, that could be the case. But it could possibly lead to tougher regulations and higher taxes for bitcoin businesses [..]
Strategically I don't think it would be very beneficial if Bitcoin is portrayed as a tax avoidance tool, perhaps someone else could bring further insight to this?
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
Hmm, I wouldn't be very sure about that.
Aren't Swiss bank accounts a tax evaders and basically every criminals haven?
It was. Things have changed http://www.out-law.com/en/topics/tax/tax-litigation--disputes-/the-ukswiss-agreement-over-taxation-of-undeclared-swiss-bank-accounts/
Hmm, I didn't know that.
The link you have posted says UK/Switzerland agreement though.
Doesn't mention U.S.
Not that it really matters because U.S & U.K work together right?
Well, as HI-TEC99 and NUFCrichard said, the U.S. And EU are also taking similar approaches regarding Swiss banking and taxations
This however, could prove to be a good thing for Bitcoin.
If all these millionaires cannot hide their money in Swiss bank accounts, they will resolve to Bitcoin and crypto in general.
Innit?
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
Hmm, I wouldn't be very sure about that.
Aren't Swiss bank accounts a tax evaders and basically every criminals haven?
It was. Things have changed http://www.out-law.com/en/topics/tax/tax-litigation--disputes-/the-ukswiss-agreement-over-taxation-of-undeclared-swiss-bank-accounts/
Hmm, I didn't know that.
The link you have posted says UK/Switzerland agreement though.
Doesn't mention U.S.
Not that it really matters because U.S & U.K work together right?
Well, as HI-TEC99 and NUFCrichard said, the U.S. And EU are also taking similar approaches regarding Swiss banking and taxations
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
Hmm, I wouldn't be very sure about that.
Aren't Swiss bank accounts a tax evaders and basically every criminals haven?
It was. Things have changed http://www.out-law.com/en/topics/tax/tax-litigation--disputes-/the-ukswiss-agreement-over-taxation-of-undeclared-swiss-bank-accounts/
Hmm, I didn't know that.
The link you have posted says UK/Switzerland agreement though.
Doesn't mention U.S.
Not that it really matters because U.S & U.K work together right?
Manning is a trans woman who, in a statement the day after sentencing, said she had felt female since childhood, wanted to be known as Chelsea, and desired to begin hormone replacement therapy. From early life and through much of her Army life, Manning was known as Bradley; she was diagnosed with gender identity disorder while in the Army.[/i]"
I want to be known as a tree - that doesn't make me a tree. Even if I begin to inject tree sap, I am still not going to be a tree.Bradley is nothing other than a confused faggot. Why can't he just accept that? There is nothing wrong with faggots; unless you are a Russian or an Arab; then it is better to start hormone therapy and pray nobody notices.
They arewere usually innovators too, so should be pioneering in Bitcoin, instead of driving driven it offshore..
The almighty badge of the police trumps all causes, no matter what the price, in good ol' 'land of the free' USA.
Since they seem to listen to customers: Xapo hear me, I'll become a customer if the Xapo Bitcoin Credit Card becomes obtainable and usable anonymously.
Chelsea Manning.
wtf? You mean 'Bradley' - that little fag who thinks if he cuts his dick off he'll become a girl and all the prison boys will want to fuck him? 'Chelsea' - lol good one.That's what Wikipedia says, there is now a Chelsea Manning page.
http://en.wikipedia.org/wiki/Chelsea_Manning
Quote
Chelsea Elizabeth Manning (born Bradley Edward Manning, December 17, 1987) is a United States Army soldier who was convicted in July 2013 of violations of the Espionage Act and other offenses...
Manning is a trans woman who, in a statement the day after sentencing, said she had felt female since childhood, wanted to be known as Chelsea, and desired to begin hormone replacement therapy. From early life and through much of her Army life, Manning was known as Bradley; she was diagnosed with gender identity disorder while in the Army.
Manning is a trans woman who, in a statement the day after sentencing, said she had felt female since childhood, wanted to be known as Chelsea, and desired to begin hormone replacement therapy. From early life and through much of her Army life, Manning was known as Bradley; she was diagnosed with gender identity disorder while in the Army.
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
Hmm, I wouldn't be very sure about that.
Aren't Swiss bank accounts a tax evaders and basically every criminals haven?
America does seem intent on trying to clamp down on as many things as possible. As the land of the free, I don't know why that is the case. They are usually innovators too, so should be pioneering in Bitcoin, instead of driving it offshore..
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
Hmm, I wouldn't be very sure about that.
Aren't Swiss bank accounts a tax evaders and basically every criminals haven?
Now you mention it, yes. However I know the EU has been coming down on Switzerland's banks like a ton of bricks. Also, the US signed an extradition treaty with Switzerland which has a Date-In-Force of September 10, 1997. I haven't read it and don't know what crimes are extraditable though. Maybe it misses out financial crimes.
http://www.mcnabbassociates.com/Switzerland%20International%20Extradition%20Treaty%20with%20the%20United%20States.pdf
,
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
Hmm, I wouldn't be very sure about that.
Aren't Swiss bank accounts a tax evaders and basically every criminals haven?
It was. Things have changed http://www.out-law.com/en/topics/tax/tax-litigation--disputes-/the-ukswiss-agreement-over-taxation-of-undeclared-swiss-bank-accounts/
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
Hmm, I wouldn't be very sure about that.
Aren't Swiss bank accounts a tax evaders and basically every criminals haven?
Chelsea Manning.
wtf? You mean 'Bradley' - that little fag who thinks if he cuts his dick off he'll become a girl and all the prison boys will want to fuck him? 'Chelsea' - lol good one. 
Is Switzerland out of their jurisdiction?
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
Its not about being able to prosecute Zapo employees, its about if US cops would like to go in the vault and snoop around. With Zapo in Switzerland, the cops can't drop by the vault with some bullshit warrant and peek around in other people's business. They don't allow that in Switzerland.
And to prove that this is a good thing for Bitcoin, let me quote this:
Now, is that not a good thing?
Quote
"This is not to facilitate crime, this is to protect privacy. There are some customers that will bring more balances if we do this and there are some customers who have said we will work with you if you do this."
Now, is that not a good thing?
As HI-TEC99 stated, it wouldn't be out of their jurisdiction. Germany would be a safer bet if they really cared for privacy
Well, there must be a reason the moved to Switzerland, right?
It's either because the U.S. can't bother them there OR they are bullshitting their customers.
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador.
http://en.wikipedia.org/wiki/Julian_Assange
Assange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US.
I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US.
The good thing of BTC being decentralized is that companies like Xapo have the opportunity to move to other countries and operate from there. The US can regulate as much as they want, there will always be countries who will be Bitcoin friendly and companies can take advantage of that. The US will realize that when innovation is moving away and growing somewhere else outside.Simple is that.
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