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Topic: Shrem to jail for two years!!! Holy shit! - page 3. (Read 8191 times)

legendary
Activity: 3038
Merit: 1032
RIP Mommy
December 25, 2014, 07:29:04 PM
#94
Didn't bribe enough people enough to be "compliant".
hero member
Activity: 854
Merit: 503
Legendary trader
December 25, 2014, 05:48:04 PM
#93
If tomorrow I'm buying drugs with bitcoins I've bought today through an exchange, will the manager of that exchange company go to jail because he sold me the bitcoins I needed, providing me help in completing an illegal drug transaction?
If the exchange is compliant with all rules for financial institutions there is no problem on their part.
I guess Shrem's business was not compliant since he ended up in jail.
member
Activity: 71
Merit: 10
December 25, 2014, 03:45:12 PM
#92
@jdbtracker: I set up a wiki and will be doing my best to install neo4j on this Debian VPS.  Let me know if you would like the admin password and ssh. 

That's not how you private message.

Good point.  I think one of my kids must have been climbing on me.  Happens more when they are out of school.
hero member
Activity: 1022
Merit: 500
December 25, 2014, 09:06:56 AM
#91
He was originally going down for 30 years. I agree that even 2 years is too much, but seems like 2 years is a better outcome given the overall shitty circumstances

I haven't followed his business or the trial closely and drugs should be legal but considering the law and what he did 2 years is a reasonable sentence.
sr. member
Activity: 462
Merit: 250
December 25, 2014, 08:50:07 AM
#90
He was originally going down for 30 years. I agree that even 2 years is too much, but seems like 2 years is a better outcome given the overall shitty circumstances
hero member
Activity: 1022
Merit: 500
December 25, 2014, 08:47:51 AM
#89
I think they did this to make an example out of him. To scare bitcoin entrepreneurs and investors.  Undecided

No, they did it because it's against the law. Handing out one of the lightest sentences possible for this crime with 90 days off to get your affairs in order doesn't send much of a message. If they're sending any message it's: hey bitcoiners, we don't have anything against you but your bro broke the law. We have to do something about it so we're slapping him on the wrist and sending him to Club Fed for a couple of years.

Yeah but, if we must have this "Club Fed" in order to maintain a civilized society (which one could debate the need), shouldn't that place be reserved for people who harm others and our environment. Who did Charlie hurt? and was it direct or indirect?

The court would argue (so would most American Moral Majority voters) that drug crimes are not victimless. Anything that makes it easier for high school children to buy drugs creates plenty of victims. I'm not debating the validity of that belief but it's a common one. The American voting public (aka retards) love news stories about busting big bad drug dealers, pedophile rings and terrorists. They eat it up with their nightly TV dinners. Politicians that want to be reelected or move up the chain know this too. If they are instrumental in "taking down" that nasty terrorist they have bragging rights that are useful during elections. This guy Preet Bharararar or whatever the fuck his terrorist sounding name is loves to toot his own horn. He's obviously looking for some election juice. And he loves to bust people that provide that nightly news juice.

http://www.fastcompany.com/3027123/bitcoin-sheriff-of-the-web-preet-bharara



The war on drugs has some positive in the sense that it shows drugs are bad and some people won't do it because of that but the negatives are FAR bigger so drugs should be legalized
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
December 24, 2014, 07:54:17 AM
#88
I think they did this to make an example out of him. To scare bitcoin entrepreneurs and investors.  Undecided

No, they did it because it's against the law. Handing out one of the lightest sentences possible for this crime with 90 days off to get your affairs in order doesn't send much of a message. If they're sending any message it's: hey bitcoiners, we don't have anything against you but your bro broke the law. We have to do something about it so we're slapping him on the wrist and sending him to Club Fed for a couple of years.

Yeah but, if we must have this "Club Fed" in order to maintain a civilized society (which one could debate the need), shouldn't that place be reserved for people who harm others and our environment. Who did Charlie hurt? and was it direct or indirect?

The court would argue (so would most American Moral Majority voters) that drug crimes are not victimless. Anything that makes it easier for high school children to buy drugs creates plenty of victims. I'm not debating the validity of that belief but it's a common one. The American voting public (aka retards) love news stories about busting big bad drug dealers, pedophile rings and terrorists. They eat it up with their nightly TV dinners. Politicians that want to be reelected or move up the chain know this too. If they are instrumental in "taking down" that nasty terrorist they have bragging rights that are useful during elections. This guy Preet Bharararar or whatever the fuck his terrorist sounding name is loves to toot his own horn. He's obviously looking for some election juice. And he loves to bust people that provide that nightly news juice.

http://www.fastcompany.com/3027123/bitcoin-sheriff-of-the-web-preet-bharara

hero member
Activity: 658
Merit: 500
December 24, 2014, 01:04:09 AM
#87
I think they did this to make an example out of him. To scare bitcoin entrepreneurs and investors.  Undecided

No, they did it because it's against the law. Handing out one of the lightest sentences possible for this crime with 90 days off to get your affairs in order doesn't send much of a message. If they're sending any message it's: hey bitcoiners, we don't have anything against you but your bro broke the law. We have to do something about it so we're slapping him on the wrist and sending him to Club Fed for a couple of years.
I would say it is something in between. IMO they were really out to get the person who was behind silk road (who is alleged to be Ross), but when they were going through the evidence on the SR servers they discovered that Charlie was breaking the law while dealing in SR and could not ignore this fact
newbie
Activity: 6
Merit: 0
December 23, 2014, 08:49:43 PM
#86
I think they did this to make an example out of him. To scare bitcoin entrepreneurs and investors.  Undecided

No, they did it because it's against the law. Handing out one of the lightest sentences possible for this crime with 90 days off to get your affairs in order doesn't send much of a message. If they're sending any message it's: hey bitcoiners, we don't have anything against you but your bro broke the law. We have to do something about it so we're slapping him on the wrist and sending him to Club Fed for a couple of years.

Yeah but, if we must have this "Club Fed" in order to maintain a civilized society (which one could debate the need), shouldn't that place be reserved for people who harm others and our environment. Who did Charlie hurt? and was it direct or indirect?
hero member
Activity: 727
Merit: 500
Minimum Effort/Maximum effect
December 23, 2014, 06:48:05 PM
#85
Now the whole world knows our plans to unite Bitcoin activists across the world to the Ultimate Global Legal Resource, for Businesses, Individuals and Bitcoin Bots everywhere. We may even turn it into a DAC that Data Mines on behalf of the Bitcoin community for a nominal fee; If this system had been up, Shrem may have checked it out with the UGLR DAC and weighed his options with absolute certainty and avoided this whole mess in the first place.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
December 23, 2014, 06:20:20 PM
#84
@jdbtracker: I set up a wiki and will be doing my best to install neo4j on this Debian VPS.  Let me know if you would like the admin password and ssh. 

That's not how you private message.
member
Activity: 71
Merit: 10
December 23, 2014, 04:24:53 PM
#83
@jdbtracker: I set up a wiki and will be doing my best to install neo4j on this Debian VPS.  Let me know if you would like the admin password and ssh. 
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
December 23, 2014, 04:19:42 PM
#82
I think they did this to make an example out of him. To scare bitcoin entrepreneurs and investors.  Undecided

No, they did it because it's against the law. Handing out one of the lightest sentences possible for this crime with 90 days off to get your affairs in order doesn't send much of a message. If they're sending any message it's: hey bitcoiners, we don't have anything against you but your bro broke the law. We have to do something about it so we're slapping him on the wrist and sending him to Club Fed for a couple of years.
newbie
Activity: 6
Merit: 0
December 23, 2014, 02:07:33 PM
#81
I think they did this to make an example out of him. To scare bitcoin entrepreneurs and investors.  Undecided
hero member
Activity: 727
Merit: 500
Minimum Effort/Maximum effect
December 23, 2014, 01:56:50 PM
#80
This is a important factor that needs to be addressed, what is the legality by territory of Freedom? What amount of Freedom is allowed, is Freedom of Speech allowed? What level of Freedom of Action is allowed?

the words "freedom of speach" is a right GIVEN to you as part of a legislative act. pretty much the constitution / human rights paperwork signed by authorities in the past, by whatever territory you rcognise / live in.

STOP referring to the "rights" bestowed upon you by acts and laws.. and instead just mention the biological abilities you have by the simple fact of being alive.

you can walk, not walk. talk, not talk. fart, not fart. its biology!...

the moment you ignore your biology and play into the "rights" game of legislation, then you are then part of that legislative system, which can take away your "rights"..

so dont talk about rights.. talk about biological abilities that no one else should ever be able to tell you that you can or cannot do.
(unless your on state handouts/benefits, in which case if you show that your a human, and not a robot that follows written rules, be prepared to have te rules around state handouts taken away from you, as you obviously dont recognise that rule)

Powerful words... I like your attitude; And also very true. Laws, mandates, Policies do not define what we do... but it does delineate the actions that governs Governments, Corporations, and individuals, defining how we interact with these organizations. When these entities of far superior means begin to act against us it is very nice to be able to point out their divergence from agreed to Standards of Conduct. Trust me, when those are not there and someone is given enough power to hang your life in the balance... it is good to know where you stand, otherwise you end up in a place like Honduras where Violence is king, Money Talks, and Life is meaningless. If someone doesn't like the way you talk, they'll just kill you; Need paperwork done, Bribe someone; Everyone caries a gun and there is no justice, only what is convenient to officials is what is done... if they don't get some of your money, land, power, your screwed.

Everyone here is used to living in a place with restraints, watch dogs, accountability... your freedom has never been defined by the Gun in your pocket, Money in your bank account, or Power at your disposal; It is determined by Laws, Rights & Responsibilities, that define the conduct of Judges, Police, Politicians, Bureaucrats and other officially mandated representatives, knowing the rules they must follow is imperative to be able to define the appropriateness of their actions.

Eventually these systems will begin to be automated and these rules will be followed by enforcers that cannot be intimidated, Robots, by AI that cannot be swayed but follows legislation to the word, along with any hidden policies that are not Openly available to the public... this is important. These laws will eventually be automated by the system, enforced to the letter, creating the ultimate Police state, where all laws are enforced, all of the time, everywhere.

We will have no freedom on that day, when we realize the words written on those papers define a force that we cannot overcome, written by those who we let have full reign over the Collective might of our Lives.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
December 23, 2014, 01:46:40 PM
#79
The BBC writes about it:

http://www.bbc.com/news/technology-30575103

Besides the harsh punishment, this is pretty bad news for BTC. If tomorrow I'm buying drugs with bitcoins I've bought today through an exchange, will the manager of that exchange company go to jail because he sold me the bitcoins I needed, providing me help in completing an illegal drug transaction?

This is highly worrying.
Charlie Shrem probably wasn't very smart, just like the average young man suddenly making big money, but somehow exchanges need to become like the post office, which isn't responsible if it delivers grass in a sealed envelope.
hero member
Activity: 658
Merit: 500
December 22, 2014, 10:59:21 PM
#78
anyone who did business with SHREM has good reason to be afraid of the cops knocking on their door (or knocking down their door ..)

no doubt Charles is talking, talking, talking to the US Attorney about all his past business dealings.

Good luck folks!
Why would he corporate after he was sent to prison for 2 years? I would think that he would try to use his knowledge about questionable business activities prior to being sent to prison.

Regardless, the majority of Charlies business was on the 'up and up' and no laws were broken
legendary
Activity: 4410
Merit: 4788
December 22, 2014, 09:45:11 PM
#77
This is a important factor that needs to be addressed, what is the legality by territory of Freedom? What amount of Freedom is allowed, is Freedom of Speech allowed? What level of Freedom of Action is allowed?

the words "freedom of speach" is a right GIVEN to you as part of a legislative act. pretty much the constitution / human rights paperwork signed by authorities in the past, by whatever territory you rcognise / live in.

STOP referring to the "rights" bestowed upon you by acts and laws.. and instead just mention the biological abilities you have by the simple fact of being alive.

you can walk, not walk. talk, not talk. fart, not fart. its biology!...

the moment you ignore your biology and play into the "rights" game of legislation, then you are then part of that legislative system, which can take away your "rights"..

so dont talk about rights.. talk about biological abilities that no one else should ever be able to tell you that you can or cannot do.
(unless your on state handouts/benefits, in which case if you show that your a human, and not a robot that follows written rules, be prepared to have te rules around state handouts taken away from you, as you obviously dont recognise that rule)
hero member
Activity: 560
Merit: 500
★777Coin.com★ Fun BTC Casino!
December 22, 2014, 06:00:22 PM
#76
anyone who did business with SHREM has good reason to be afraid of the cops knocking on their door (or knocking down their door ..)

no doubt Charles is talking, talking, talking to the US Attorney about all his past business dealings.

Good luck folks!
hero member
Activity: 727
Merit: 500
Minimum Effort/Maximum effect
December 21, 2014, 11:13:30 PM
#75
@jdbtracker:  I agree.  You have a conviction, humility, and energy that we should all appreciate.  Personal responsibility and so many other ideas have been midwived by people like you.  I was a libertarian at age 22 (44 now) and saw bitcoin as the separation of money and state in 2010 (later than many).

You spent time creating an agenda (a structure) for a distributed effort to tackle one of the most recent assaults to our individuality.  I respect that immensely.  The individuals that feel what we feel are innumerable.  While your long and well-thought-out post may have not taken much of your time, it was more than what most of us contribute and more than I have contributed in the 4 years I have lurked on this forum. 

I have significant resources but what would you like to see first?  Currently I am running full nodes at two IPs and 1.2 terrahashes but I can write, blog, and do a variety of other things.

At this point it is just research, learning Neo4j and beginning to try to understand this very important legal information in a way that can be accessible, searchable, by everyone. Research into any organizations that already are involved in investigating these Specific Legal Matters(Bitcoin, Politics, Currencies, etc) and bring their knowledge into the 21st century. It's easier to use what is already available which would be from Human Rights Organizations, Political Watch Dogs, or any organization that independently monitors Things that the Bitcoin Community may be interested in; Eventually it would be nice to have a legal resource tailored for Cryptocurrency Users, so that all the guess work is taken out, you know where you stand and can proceed securely, or at least know how to challenge the measures taken by Governments and Organizations, yup... a wikipedia for all legal concerns, but... uncensorable.

It's best to start small with a wiki and begin the process of searching for relevant information. It will be a lot of work, I can imagine it could take years to complete; To research all the laws, to categorize them, to research the history and map it all out, searching for correlations on best places to continue researching. But the more people help, learn, discuss and share what they've researched. The faster it can be fully implemented, the sooner people can use it as a foundation for their Legal Business research.
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