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Topic: This months plan - [ Boycotting the FBI Coins ] (Read 2612 times)

legendary
Activity: 2328
Merit: 1292
Encrypted Money, Baby!
Roughly 90% of all US paper currency has trace amounts of cocaine on it. If you don't want those bills, I'll gladly take them.

How's that even possible? Are they snorting tons of coke at the money printing factories?
Yeah, exactly. That's the test case to see if every bill is good and ready to leave the house ^^
sr. member
Activity: 280
Merit: 250
Coolness: ∞
It's seriously retarded to propose any sort of boycott on the FBI coins. This is the sort of cronyism and interference that underpins our current financial system!

Let the market function normally, the FBI sell the coins, the price of BTC dips, everybody who is in for the long game can buy cheap and the market eventually corrects itself.

That is what happens when the current financial system is underpinning you.
newbie
Activity: 24
Merit: 0
It's seriously retarded to propose any sort of boycott on the FBI coins. This is the sort of cronyism and interference that underpins our current financial system!

Let the market function normally, the FBI sell the coins, the price of BTC dips, everybody who is in for the long game can buy cheap and the market eventually corrects itself.
legendary
Activity: 1232
Merit: 1195
Bitcoin is bitcoin. It is nothing more than a string of ones and zeros. It's got no past.

Wrong, everything within the Bitcoin network is forever recorded having a detailed record of the past.

Yup, it's got a recorded past and a recordable future.

You can launder any money, given enough resource. Bitcoin + 3rd party laundering service = mafia's dream.

Well yeah, but it's probably easier to just launder cash. Bitcoin/cryptocurrency is just a new way to do this.
hero member
Activity: 980
Merit: 500
FREE $50 BONUS - STAKE - [click signature]
Bitcoin is bitcoin. It is nothing more than a string of ones and zeros. It's got no past.

Wrong, everything within the Bitcoin network is forever recorded having a detailed record of the past.

Yup, it's got a recorded past and a recordable future.

You can launder any money, given enough resource. Bitcoin + 3rd party laundering service = mafia's dream.
legendary
Activity: 1137
Merit: 1035
Bitcoin accepted here
"Pecunia non olet" Cheesy
legendary
Activity: 1232
Merit: 1195
Bitcoin is bitcoin. It is nothing more than a string of ones and zeros. It's got no past.

Wrong, everything within the Bitcoin network is forever recorded having a detailed record of the past.

Yup, it's got a recorded past and a recordable future.
sr. member
Activity: 280
Merit: 250
Coolness: ∞
Bitcoin is bitcoin. It is nothing more than a string of ones and zeros. It's got no past.

Wrong, everything within the Bitcoin network is forever recorded having a detailed record of the past.
full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
Bitcoin is bitcoin. It is nothing more than a string of ones and zeros. It's got no past.
legendary
Activity: 4424
Merit: 4794
to the OP and anyone that does not want tainted coins. please send any tainted coins you receive to either:
1. me
2. a faucet
3. anyone that has also posted that they dont care

member
Activity: 70
Merit: 10
A Bitcoin proponent saying he wants to be the first to block certain coins is like a free speech proponent saying he wants to be the first to censor something.

We don't need blocks, blacklists, whitelists, labels or bans.

We already have what we need:  math.


If the recipient of Bitcoin can solve the math, they get the coin.  Period.  End of story.

Opening the door to ban lists is a door open for major banks and regulators to do the same.
hero member
Activity: 642
Merit: 500
Evolution is the only way to survive
i dont see any reason to boycott any tainted BTC
sr. member
Activity: 389
Merit: 250
Take the tainted coins. They're just as good as other bitcoins. You can tell by the way the FBI chose to keep them, not burn them.
At an individual level, concern over the source of every satoshi of your funds is too much for human processing capabilities.

It would, on the other hand, please and amuse me greatly if exchanges already had code in place to:
• detect coins from the FBI purse in accounts deposits
• relieve those accounts of those coins
• destroy the coins by sending them to an impossible address (range)

But my my they'd have to have some titanium testicles. And a go bag ready.
Clearly, you have totally ignored the few previous posts on why it wouldn't be able to do this due to how most bitcoins in existence would eventually be tainted.
member
Activity: 112
Merit: 10
Be kind man, don't be mankind
Take the tainted coins. They're just as good as other bitcoins. You can tell by the way the FBI chose to keep them, not burn them.
At an individual level, concern over the source of every satoshi of your funds is too much for human processing capabilities.

It would, on the other hand, please and amuse me greatly if exchanges already had code in place to:
• detect coins from the FBI purse in accounts deposits
• relieve those accounts of those coins
• destroy the coins by sending them to an impossible address (range)

But my my they'd have to have some titanium testicles. And a go bag ready.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
The bottom line for both this thread and the other thread here:

https://bitcointalksearch.org/topic/fork-the-blockchain-and-block-the-seized-fbi-coins-412041

is that you are not really going to do anything, nobody is going to do anything, even if someone tried it really can't be done so why are you going on and on about it?
legendary
Activity: 2282
Merit: 1050
Monero Core Team
I would suggest first viewing Andreas M. Antonopoulos' presentation to the L. A. Bitcoin meetup in its entirety. He explains why blacklists, whitelists etc as is being proposed in this thread will destroy Bitcoin. https://www.youtube.com/watch?v=bTPQKyAq-DM

This proposed fork together with "Coin Validation" belongs in the trash heap.

Edit: Will Zerocoin work for the large number of coins the US Government holds?

The above is a verbatim copy of my reply to this thread https://bitcointalk.org/index.php?topic=412041.0;all It applies equally to this other proposed fork. Regardless of whether it is the state trying to freeze coins or those who hate the state trying to seize the state's coins the answer in both cases has to be NO.

The above is a verbatim copy of my reply to this thread: https://bitcointalk.org/index.php?topic=5979.0;all

As with the two fork proposals above this one also belongs in the trash.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
You don't need to create software it is within the Bitcoin system.

What specifically do you mean by "it is within the Bitcoin system"?

There is another whole thread on exactly this same subject here:

https://bitcointalksearch.org/topic/fork-the-blockchain-and-block-the-seized-fbi-coins-412041

All of the responses in that thread to this idiotic notion apply to this thread as well.
newbie
Activity: 52
Merit: 0
We the community [...]

Don't ever speak on my behalf again. I think you are feeling a bit too self-righteous having joined this forum not 3 months ago.
member
Activity: 98
Merit: 10
Village Idiot
Do not accept these FBI/drug coins in the market.

This is the dumbest thing I've heard yet this morning. But the morning is still young.
member
Activity: 98
Merit: 10
Once we determine which exchange is attempting to sell off the coins that exchange will be deemed useless.

If you or Billy buys the coins from them direct, it will still get traced somewhere whether it be an exchange, business, or another individual.

Do not accept these FBI/drug coins in the market.

Then maybe you shouldn't of bought drugs with them in the first place...how bout that?  Roll Eyes
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