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Topic: United States Sanctions Iranian BTC Address, 1JEWS and 1MOSSAD Sends BTC To It (Read 145 times)

legendary
Activity: 1610
Merit: 1183
Lol funny bitcoiners already trolling the US government with transactions.

They want to induce FUD into people using Bitcoin overall, since there is a risk that your transaction could have been mixed with some sort of tainted address by the government, which would result in you getting into trouble when you are completely innocent and just did your transaction which got batched with someone's else.

What will this create is the opposite effect they want: people will be too scared to sell for fiat, and will simply hold, since as long as you hold within Bitcoin you are safe from arbitrary government laws which could screw up a perfectly innocent man.
newbie
Activity: 196
Merit: 0
http://genesisblocknews.com/united-states-sanctions-an-iranian-bitcoin-address-1jews-and-1mossad-sends-bitcoin-to-it-a-day-later/

In an action that will induce facepalms and sarcasm across the Bitcoin community, the United States Treasury Department Office of Foreign Assets Control issued sanctions against 2 Bitcoin addresses, since they are held by Iranians who helped facilitate the SamSam Ransomware scheme. A day after the sanction was issued, 8 cents of Bitcoin was sent into one of the Iranian addresses from 2 Bitcoin addresses that start with 1JEW and 1MoSSaD.

For those that do not know, Mossad is the intelligence branch of Israel. Mossad is known for assassinating terrorists worldwide, and is one of the most-skilled spy agencies in the world, comparable with MI6. Mossad is undoubtedly fighting a shadow war in Iran right now, making this transaction quite hilarious.

Apparently the United States government did not get the memo that it is impossible to sanction Bitcoin addresses, and this is true for most cryptocurrencies as well. Due to Bitcoin’s decentralization and cryptographic security, a Bitcoin address can never be frozen or deleted. At the other banned Bitcoin address, some brave Bitcoiners have been sending small amounts of Bitcoin throughout the morning to prove this point.

Further, it just takes the click of a button to generate a new Bitcoin address, so taking the time to issue a sanction against a Bitcoin address is a total waste of time for the government, and meaningless.
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