Secret Service Agent: Digital Currencies Fueling Cybercrime

mindfulmojo

sr. member

Activity: 448

Merit: 250

Quote from: vrm86 on March 28, 2015, 04:47:21 AM

Quote from: pedrog on March 27, 2015, 08:26:58 PM

All the blame goes to the Internet!

Yeah. Like the fiat money is not being used for criminal purposes Roll Eyes

Cash is even harder to controll than cryptos, and bitcoin especially as it is not 100% anonymous. Authorities just dont like internet and related themes, as a "techy-sketchy things for kids trying to cheat us".

That's why they are trying to get rid of physical cash too...

http://theeconomiccollapseblog.com/archives/they-are-slowly-making-cash-illegal

Slowly the powers at be are turning the world into a giant police state. Angry

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

WAAAAAHHH!! WAAAAAHHHH!! WAAAAAAAAHHHHHH!! You made my job hard and now I don't have time to play and eat donuts. Make it stop. Make Bitcoin go away! WAAAAAHHH!!

Ron~Popeil

sr. member

Activity: 406

Merit: 250

Any valuable commodity can be used for crime. this is just more of the same scare tactic stuff. Every boogieman is helped by bitcoin according to the press and government.

bornil267645

sr. member

Activity: 406

Merit: 250

AltoCenter.com

well this was inevitable, wasn't it?

The bitcoin comes with the whole package. The advantage of anonymity and the disadvantages of anonymity. It has use for everyone. People used to transfer money around the globe, off-shore account, via shell crp. to fund the cybercrime. And now they are simply using bitcoin. Tongue

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Quote from: ajareselde on March 27, 2015, 07:44:42 PM

What do u think, is this all just another scare story, or are they planing on making a move in the future ?

I think property is theft and the first crime in any case is the violation of the non-aggression principle, wherever it occurs.

shogdite

hero member

Activity: 798

Merit: 1000

LIR Dev. www.letitride.io

Quote from: jjacob on March 29, 2015, 08:46:14 AM

Quote from: Lauda on March 28, 2015, 07:28:00 AM

I wouldn't be surprised if the US starts funding terrorists via Bitcoin and then blaming Bitcoin. We've had this. The government is stupid. They can't control Bitcoin, they can't take it down. That's their problem. This is something completely new that they have no power on.

I don't think the government will go to such extremes just with the objective of discrediting Bitcoin.
Even if they do fund terrorists, the Bitcoin believers will just shrug it off and life will go on.

The US gov spends $billions on psy-op campaigns so I don't think it would be too hard of them to discourage mainstream use of btc by planting a few 'terrorism' stories. Let's hope it doesn't get to that stage, don't think any of us want to be put on a terrorism watchlist.

PolarPoint

hero member

Activity: 672

Merit: 500

Quote from: jjacob on March 29, 2015, 08:46:14 AM

Quote from: Lauda on March 28, 2015, 07:28:00 AM

I wouldn't be surprised if the US starts funding terrorists via Bitcoin and then blaming Bitcoin. We've had this. The government is stupid. They can't control Bitcoin, they can't take it down. That's their problem. This is something completely new that they have no power on.

I don't think the government will go to such extremes just with the objective of discrediting Bitcoin.
Even if they do fund terrorists, the Bitcoin believers will just shrug it off and life will go on.

Not if they fund terrorists, they do fund the terrorists. They give them weapons for free and help train them. Like they helped Bin Ladin before.

jjacob

legendary

Activity: 1554

Merit: 1026

★Nitrogensports.eu★

Quote from: Lauda on March 28, 2015, 07:28:00 AM

I wouldn't be surprised if the US starts funding terrorists via Bitcoin and then blaming Bitcoin. We've had this. The government is stupid. They can't control Bitcoin, they can't take it down. That's their problem. This is something completely new that they have no power on.

I don't think the government will go to such extremes just with the objective of discrediting Bitcoin.
Even if they do fund terrorists, the Bitcoin believers will just shrug it off and life will go on.

Bitware

hero member

Activity: 926

Merit: 1001

weaving spiders come not here

Fiat currencies have been fueling exponentially more (and worse) crimes since fiat was invented.

shogdite

hero member

Activity: 798

Merit: 1000

LIR Dev. www.letitride.io

Quote from: countryfree on March 28, 2015, 07:14:17 AM

Quote

without digital currencies, "cybercrime would be much more difficult"

Quite true, but there was crime before digital currencies, they're only a medium. People buying drugs on Evolution (or other markets) were buying drugs on the street before, so you can say digital currencies are a good thing because they helped moving drug dealers out of the streets.

Exactly, the marketplaces have taken away the risk and stigma of buying drugs from street corners and into the safety and comfort of your own home. How many people's careers and reputation have been destroyed by getting caught buying a small bag of weed?

fancy_pants

hero member

Activity: 663

Merit: 501

quarkchain.io

Because it's impossible to counterfeit, Bitcoin is very much a competitive threat to the original mission of the secret service. Of course they hate it!

From the Secret Service website:
The Secret Service was established in 1865, solely to suppress the counterfeiting of U.S. currency. Today, the agency is mandated by Congress to carry out dual missions: protection of national and visiting foreign leaders, and criminal investigations.

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: OrientA on March 28, 2015, 10:41:40 AM

Quote from: pedrog on March 27, 2015, 08:26:58 PM

All the blame goes to the Internet!

Eventually bitcoin will prove it's usefulness and those kind of arguments will go away.

Without internet，we do not have many kinds of problem，but we do not ban internet。

Not anymore, in the first years there were the same arguments, 'it will be used by criminals', 'it will be used by pedophiles', 'terrorists will use it', well, sure they will use it, everybody will use it!

Quote from: --Encrypted-- on March 28, 2015, 05:36:50 AM

Quote from: pedrog on March 27, 2015, 08:26:58 PM

Eventually bitcoin will prove it's usefulness and those kind of arguments will go away.

I'm afraid you might be wrong there. Bitcoin has already proved its usefulness numerous times in the past, and it will do so again.
but these kind of arguments will always appears as long as anyone who uses it for illegal activity exists.

I don't think so, adoption is still very low, if tomorrow there's no more bitcoin nobody will notice, except for VCs who already spent quite a few millions in it.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: pedrog on March 27, 2015, 08:26:58 PM

All the blame goes to the Internet!

Eventually bitcoin will prove it's usefulness and those kind of arguments will go away.

Without internet，we do not have many kinds of problem，but we do not ban internet。

dickpeterjohnson

newbie

Activity: 8

Merit: 0

Governments and their corporate Gestapo Agents aka police et al are irrelevant in the world of crypto. As much as they think that they can, they can not control the creation nor distribution of crypto.

In the future crypto will be the only game in town and the government controlled / monitored ones will be a competitor. An irrelevant one at that. They can only control you if you allow them to.

Fuck the Secret Service Agent.

dhimasnk

hero member

Activity: 546

Merit: 500

Bitcoin is very different with Liberty Reserve. Bitcoin will be better because it is decentralized, in contrast to the E-Payment centralized as LR

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

I wouldn't be surprised if the US starts funding terrorists via Bitcoin and then blaming Bitcoin. We've had this. The government is stupid. They can't control Bitcoin, they can't take it down. That's their problem. This is something completely new that they have no power on.

Quote from: MicroGuy on March 27, 2015, 09:34:34 PM

Quote from: ajareselde on March 27, 2015, 07:44:42 PM

What do u think, is this all just another scare story, or are they planing on making a move in the future ?

This is probably what this guy honestly believes, "that bitcoin is bad".
It escapes me how they could possibly stop this train now. I think it's just going to take more time for people like this to accept the coming change. I would look at the core developer(s) as 10X greater risk than any outside government agency.
Hopefully Bitcoin doesn't manage to attract a suicidal co-pilot. Undecided

I hardly doubt that there is anything that they could do. As long as the Bitcoin community stands united with the developers and miners. If something goes wrong we would just fix it and revert back. Sure this would be a small step back, but we would still survive it and come back stronger than ever.

countryfree

legendary

Activity: 3066

Merit: 1047

Your country may be your worst enemy

Quote

without digital currencies, "cybercrime would be much more difficult"

Quite true, but there was crime before digital currencies, they're only a medium. People buying drugs on Evolution (or other markets) were buying drugs on the street before, so you can say digital currencies are a good thing because they helped moving drug dealers out of the streets.

--Encrypted--

copper member

Activity: 924

Merit: 1007

hee-ho.

Quote from: pedrog on March 27, 2015, 08:26:58 PM

Eventually bitcoin will prove it's usefulness and those kind of arguments will go away.

I'm afraid you might be wrong there. Bitcoin has already proved its usefulness numerous times in the past, and it will do so again.
but these kind of arguments will always appears as long as anyone who uses it for illegal activity exists.

HI-TEC99

legendary

Activity: 2772

Merit: 2846

Quote from: ajareselde on March 27, 2015, 09:42:37 PM

Quote from: MicroGuy on March 27, 2015, 09:34:34 PM

Quote from: ajareselde on March 27, 2015, 07:44:42 PM

What do u think, is this all just another scare story, or are they planing on making a move in the future ?

This is probably what this guy honestly believes, "that bitcoin is bad".

It escapes me how they could possibly stop this train now. I think it's just going to take more time for people like this to accept the coming change. I would look at the core developer(s) as 10X greater risk than any outside government agency.

Yes i know it does look like theyre just blowing off steam, but its how the liberty reserve thing started to fall apart aswell, but unlike them i also dont know how could they fight against bitcoin since it is decentralised.
Maybe the developers are going to be forced to resign or pressured to leave.. its all cooking up, and with good and valid reasons, heres another issue that makes their point :
http://cointelegraph.com/news/113806/warning-kaspersky-alerts-users-of-malware-and-blockchain-abuse

things are not looking good

The truecrypt developers suddenly decided to stop developing it and recommended a Microsoft product when Snowden started recommending it. I bet someone put pressure on them to stop. If they put the same kind of pressure on the bitcoin core developers they could quit too.

vrm86

hero member

Activity: 676

Merit: 500

Quote from: pedrog on March 27, 2015, 08:26:58 PM

All the blame goes to the Internet!

Yeah. Like the fiat money is not being used for criminal purposes Roll Eyes

Cash is even harder to controll than cryptos, and bitcoin especially as it is not 100% anonymous. Authorities just dont like internet and related themes, as a "techy-sketchy things for kids trying to cheat us".

Topic: Secret Service Agent: Digital Currencies Fueling Cybercrime (Read 1662 times)