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Topic: The next time anyone accuses Bitcoin of Money Laundering, point them here: - page 2. (Read 4317 times)

hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Bankers, gangsters, is there a difference?

Yes. Some gangsters end up in prisons.  If I rob a granny in the street and get caught, I'll probably serve time. If I take her life savings and kick her out in the street, I get to spend all the money, and move on. A person representing the company I worked for would state how "we deeply regret" - that is all.
legendary
Activity: 1536
Merit: 1000
electronic [r]evolution
Quote
HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday.

source

"The decision not to prosecute HSBC was a decision of the Justice Department and was influenced by ... $1.9B, Breuer didn't say."

legendary
Activity: 1764
Merit: 1002
Thus, anyone complaining of BTC money laundering should first compile a few trillion dollars' worth of solid evidence or else stfu.

+1 lol!  oh, the truth hurts.  Cheesy
hero member
Activity: 756
Merit: 522
Nice find. And yes, Bitcoin being better than the banking system it should have more license than the banking system. Thus, anyone complaining of BTC money laundering should first compile a few trillion dollars' worth of solid evidence or else stfu.
sr. member
Activity: 283
Merit: 250
People, always conflating... =P
legendary
Activity: 1372
Merit: 1000
--------------->¿?
Bankers, gangsters, is there a difference?

Let me answer this:

NO
sr. member
Activity: 434
Merit: 250
It makes sense for the masses of masses that don't have a clue what a BTC is. All that sticks is "bitcoins are for gangstahs" Cry
legendary
Activity: 1806
Merit: 1003
Nice one! Though I think it's more logical to compare Bitcoin with a currency, for example "accusing Bitcoin of money laundering, is like accusing USD of money laundering". It wouldn't make sense.
legendary
Activity: 1764
Merit: 1002
And not one bankster has gone to prison.

“We accept responsibility for our past mistakes,” Gulliver said in a statement. “We have said we are profoundly sorry for them, and we do so again. The HSBC of today is a fundamentally different organization from the one that made those mistakes.”

Translation: "We are profoundly sorry; for having been caught".

"The decision not to prosecute HSBC was a decision of the Justice Department and was influenced by factors including the impact of the probe on the company’s employees and the potential economic effect, Breuer said."

Translation:  "Keep it up.  There will be no repercussions".

http://www.bloomberg.com/news/2012-12-12/hsbc-mexican-branches-said-to-be-traffickers-favorites.html
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