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Topic: September 27, 2011 U.S.Department of the Treasury might regulate BitCoin (Read 5780 times)

legendary
Activity: 1680
Merit: 1035
Russia has some pretty bad ass weapons, too. Like what they did to Japan. That was horrific with the Tsunami and the Scalar Weaponry. You guys need to keep your leaders under control.

That wasn't Russia, that was USA. The "weapon" was a HORRIBLE giant robot movie, which made a large chunk of Japan quite literally turn in it's grave.
sr. member
Activity: 275
Merit: 250

I hope that those who have been opposed to the idea of a representative organization will receive this as a gentle wakeup call to the importance of the UABCI and your personal involvement in our future to help protect you


Everybody wants to protect me.

If you really want to help and protect me/us, run an open-transactions server or a freenet node or an open wireless AP or donate to Fellow Traveler.

 
legendary
Activity: 1218
Merit: 1000
You're wrong, we did the deal through myBitcoin; that's why the site was washed away, the CIA wanted to test-drive it before.  Grin
sr. member
Activity: 364
Merit: 251
«You've them»?! I don't have mystical God powers, as far as I'm aware. All I can is to throw Kamehamehs SanGoku-like... oh! Wait! Not even that... toxic farts count?

Oh man... but back in the old days here's how everybody knows who is who:

http://www.facebook.com/video/video.php?v=259095894115809&oid=344488255560&comments

 Grin

Yes, i'm pretty sure it was you we got them from. The CIA through the KGB found your facebook profile and you guys did the deal over silkroad.  Wink
legendary
Activity: 1218
Merit: 1000
«You've them»?! I don't have mystical God powers, as far as I'm aware. All I can is to throw Kamehamehs SanGoku-like... oh! Wait! Not even that... toxic farts count?

Oh man... but back in the old days here's how everybody knows who is who:

http://www.facebook.com/video/video.php?v=259095894115809&oid=344488255560&comments

 Grin
sr. member
Activity: 364
Merit: 251
I don't speak Russian enough to check whether the translation is accurate, however I bet if they open a bit more the scene you would see a lot of empty vodka bottles around that guy.  Grin

Possibly, yes. Some say he's a bit of a nutjob politician over there, but they say the same about Ron Paul over here.

So I wonder....I know we have them, and you have them, but we got our technology for it from you, as far as I am aware.
legendary
Activity: 1218
Merit: 1000
I don't speak Russian enough to check whether the translation is accurate, however I bet if they open a bit more the scene you would see a lot of empty vodka bottles around that guy.  Grin
sr. member
Activity: 364
Merit: 251
Russia has some pretty bad ass weapons, too. Like what they did to Japan. That was horrific with the Tsunami and the Scalar Weaponry. You guys need to keep your leaders under control.

Wait a minute! That one was GOD! Here:

http://www.youtube.com/watch?v=fPd-SY6OhLY

or here, the shorter version:

http://www.youtube.com/watch?v=1U-GaP4PEW4

I found this one more interesting.
http://www.youtube.com/watch?v=Haj02zodA-c
newbie
Activity: 12
Merit: 0
Hey Matthew or bitmole ...   If I send you some coins will you go away forever?   
legendary
Activity: 1218
Merit: 1000
Russia has some pretty bad ass weapons, too. Like what they did to Japan. That was horrific with the Tsunami and the Scalar Weaponry. You guys need to keep your leaders under control.

Wait a minute! That one was GOD! Here:

http://www.youtube.com/watch?v=fPd-SY6OhLY

or here, the shorter version:

http://www.youtube.com/watch?v=1U-GaP4PEW4
sr. member
Activity: 364
Merit: 251
You answered your own question. They print it out of thin air. But they need to keep the drug trade going, and oil and gold, and they need to transfer funds between the 3, without it being obvious to all nations, how it's done.
correction, they don't even print it, they simply change a few bits of text in the computer and people accept that as a valid form of payment.

Yes, it's finger strokes across a keyboard. Not much more. But there is an accounting behind it. It's unaccountable though.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
This thread sucks! Nobody mentioned porn until now. And bump is now a sexual term.
sr. member
Activity: 350
Merit: 251
You answered your own question. They print it out of thin air. But they need to keep the drug trade going, and oil and gold, and they need to transfer funds between the 3, without it being obvious to all nations, how it's done.
correction, they don't even print it, they simply change a few bits of text in the computer and people accept that as a valid form of payment.
sr. member
Activity: 364
Merit: 251
I understood the main reason for this legislation was to close the anonymous pre-paid phone accounts... that is they are not happy that you can use a phone without it being tied to your name/address. The whole thing is silly, however, as those with criminal intent will just use others credentials to purchase.



I don't think that's what it is. Anyone can get a Metro PCS phone without ID. I think it's the fact that stored value cards are used to launder drug money. The Treasury issued a Memorandum about this a few years back. They claimed it was the number one way people were avoiding taxes and laundering drug money.

legalize drugs.

reasons: less money spent on catching criminals and keeping them locked up.
heavily tax the drugs, they would still be cheaper than off the street.

tada! half the money laundering is now gone.

ctoon6, you're probably a very smart person, so I wonder why you have not figured this out yet.
Banks and Drug laws exist to work hand in hand together. Banks would not exist, if there were no drugs which were illegal to launder money through. There would be no need for banks if drugs were legal. Banks were created to serve the purpose of laundering the opium profits and returning the Britsh pound to gold to pay the opium farmers because all they accept for payment is gold. Elementary Watson
i find the argument that banks only make money and exist through laundering money hard to believe. although it would not surprise me much if someone did present proof unless it already does exist and i do not know of it. but even so, you can launder money way cheaper in bitcoin than through a "real" bank. and that would make banks not make as much money, although i have no idea why they would need to do it in the first place, at least in the current day US. Though FRB banks make money out of thin air anyway.

You answered your own question. They print it out of thin air. But they need to keep the drug trade going, and oil and gold, and they need to transfer funds between the 3, without it being obvious to all nations, how it's done.
sr. member
Activity: 364
Merit: 251
No empire lasts forever...
I rather have Russia and US staring at each other again, like in good'old 80's, hopefully without all those proxy wars. It brings balance to power and restrain US for go on "war on drugs", "war on inexistent weapons", "war on "... gosh! Those folks really have an obsession for "war"!

Russia has some pretty bad ass weapons, too. Like what they did to Japan. That was horrific with the Tsunami and the Scalar Weaponry. You guys need to keep your leaders under control.
sr. member
Activity: 350
Merit: 251
I understood the main reason for this legislation was to close the anonymous pre-paid phone accounts... that is they are not happy that you can use a phone without it being tied to your name/address. The whole thing is silly, however, as those with criminal intent will just use others credentials to purchase.



I don't think that's what it is. Anyone can get a Metro PCS phone without ID. I think it's the fact that stored value cards are used to launder drug money. The Treasury issued a Memorandum about this a few years back. They claimed it was the number one way people were avoiding taxes and laundering drug money.

legalize drugs.

reasons: less money spent on catching criminals and keeping them locked up.
heavily tax the drugs, they would still be cheaper than off the street.

tada! half the money laundering is now gone.

ctoon6, you're probably a very smart person, so I wonder why you have not figured this out yet.
Banks and Drug laws exist to work hand in hand together. Banks would not exist, if there were no drugs which were illegal to launder money through. There would be no need for banks if drugs were legal. Banks were created to serve the purpose of laundering the opium profits and returning the Britsh pound to gold to pay the opium farmers because all they accept for payment is gold. Elementary Watson
i find the argument that banks only make money and exist through laundering money hard to believe. although it would not surprise me much if someone did present proof unless it already does exist and i do not know of it. but even so, you can launder money way cheaper in bitcoin than through a "real" bank. and that would make banks not make as much money, although i have no idea why they would need to do it in the first place, at least in the current day US. Though FRB banks make money out of thin air anyway.
legendary
Activity: 1218
Merit: 1000
No empire lasts forever...
I rather have Russia and US staring at each other again, like in good'old 80's, hopefully without all those proxy wars. It brings balance to power and restrain US for go on "war on drugs", "war on inexistent weapons", "war on "... gosh! Those folks really have an obsession for "war"!
sr. member
Activity: 364
Merit: 251
No no no, your mistaken. Even if you're not American you have to go by American laws. Don't believe me? Just wait. After North Korea and Iran and Libya, your Next buddy!

Looks like Libya isn't going down that easy, doesn't it? Let alone N Korea and Iran. And what about China and Russia? Putin just called US an economic parasite whereas launched the re-equip of Russia... looks like US's reign of terror is about to end rather than someone "to be next".

Fuck 'em , we have Flying Saucers and Micro Nukes!

We'll WTC them and turn their metals into dust!
sr. member
Activity: 364
Merit: 251
I understood the main reason for this legislation was to close the anonymous pre-paid phone accounts... that is they are not happy that you can use a phone without it being tied to your name/address. The whole thing is silly, however, as those with criminal intent will just use others credentials to purchase.



I don't think that's what it is. Anyone can get a Metro PCS phone without ID. I think it's the fact that stored value cards are used to launder drug money. The Treasury issued a Memorandum about this a few years back. They claimed it was the number one way people were avoiding taxes and laundering drug money.

legalize drugs.

reasons: less money spent on catching criminals and keeping them locked up.
heavily tax the drugs, they would still be cheaper than off the street.

tada! half the money laundering is now gone.

ctoon6, you're probably a very smart person, so I wonder why you have not figured this out yet.
Banks and Drug laws exist to work hand in hand together. Banks would not exist, if there were no drugs which were illegal to launder money through. There would be no need for banks if drugs were legal. Banks were created to serve the purpose of laundering the opium profits and returning the Britsh pound to gold to pay the opium farmers because all they accept for payment is gold. Elementary Watson
sr. member
Activity: 350
Merit: 251
I understood the main reason for this legislation was to close the anonymous pre-paid phone accounts... that is they are not happy that you can use a phone without it being tied to your name/address. The whole thing is silly, however, as those with criminal intent will just use others credentials to purchase.



I don't think that's what it is. Anyone can get a Metro PCS phone without ID. I think it's the fact that stored value cards are used to launder drug money. The Treasury issued a Memorandum about this a few years back. They claimed it was the number one way people were avoiding taxes and laundering drug money.

legalize drugs.

reasons: less money spent on catching criminals and keeping them locked up.
heavily tax the drugs, they would still be cheaper than off the street.

tada! half the money laundering is now gone.

We can't have them competing with Big Pharma now can we...

Seriously I agree with you in all points... the problem is there is no organized bribery... I mean lobby group for the "illicit" drug sellers.
The only people that would not go for my plan are the retarded private prisons and the people who go with the argument "then everyone would do it". in fact the big pharmacies would MAKE MORE MONEY. they could sell the drugs in greater volume.
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