Topic: [Warning] USA Govt. - page 3. (Read 2664 times)

@Spoetnik

Completely Agree , Coinbase is being required to turn over all records , especially of anyone cashing out of BTC or buying large sums.
Fincern is probably so far up CoinBase's butt, that they can see out of coinbase's mouth.
It is the only way they are allowed to do business with the US Banking industry, which without they would have to shut down.  
Long Term  : US Citizens will be eventually be hit with some yearly tax form whenever they convert BTC to FIAT and withdraw it.
Short Term : Confiscations of Bank Accounts or BTC , that the US Gov can link to anything criminal.

Many people think, just because they are in a foreign country that they are safe from the US Government regulations,
as Kim Dotcom , discovered if they want you , they will get you, being in New Zealand offered him no real protection.
Which is why you now see a lot of crypto service now refusing to allow US Residents to use their payment services to keep the US Government out of their business.

But even the Swedish Banking System Complied with the US Gov. , doubtful any Crypto agency has anywhere near their resources, and they caved.
http://sverigesradio.se/sida/artikel.aspx?programid=2054&artikel=5996582
  
 

FYI:
Anon is a bad joke. Like when the US Gov said they needed Apple's help to crack an iphone. Suckers believe what they want.  

be side the fact i actually agree with you, the way you say sounds like:

P2P is awful concerning security, just a bunch of noobs.

So people are stupid, and even more so in the dumb age we live in.  They think bitcoin is untraceable but that anonymity is only as good as the weakest link and all their personal info is linked to that account like coinbase.  You DO NOT transfer funds from a pubic btc address that basically links you to all kinds wrong doing to a exchange that has all your personal info.  I mean how retarded do you have to be?

People have been cleaning dirty money since the mobster age or even before, so its time these nerds get with the program and start thinking like a criminal if they partake in criminal activities.

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It does not matter what coin they use as well when the exchange links it directly to you.  

Dash is not to be talked about here because it does nothing new than Bitcoin. It is not mathetically proven to be untraceable

Hmm what about Darkcoin Dash Daesh Instaminecoin? Their main developer is located in the US. He travels around promoting the Dash shitcoin scam.

Are they too insignificant to mention? Market cap is a lot higher, so where's the Darkcoin Dash warning?  

Agreed guys good points etc.

And if my first post is too long just read the part in bold and the quote / link  

I also have mentioned many times since 2013 this forum is no different.
They will hand your ass over as fast as Coinbase or Cryptsy did..

I also do believe theymos has said he's handed over users info to authorities on occasion too.
He most recently commented on that with the Master-P escrow fraud drama..

This does not surprise me, you would be amazed at the info I had to hand over as an ISP. It got so much that it became a full-time job for someone who spent most of every day collating information for court ordered requests. i sold it on as it was too much hassle in the long run.

Don't have the time to read, but will do it tomorrow.


It's not, but pulling this out will require vast amount of work and people. There are already few works in that direction. I can agree with the anonymity part though.


This is 100% true. I've said number of times that digital currencies needs simplicity in order to get better adoption. You can have the best tech out there, but you are going nowhere with it, if you don't attract the "average" Joe. Everything else is just a temporary speculation.

Anonymous and decentralized is a cryptomyth. All crypto is open and centralized. Anyone who thinks otherwise is fooling themselves. IMHO the general public do not want anonymous. Only criminals want that feature. It's a throwback to hiding your identity to use SilkRoad. We better all leave that shit behind.

Me, I don't care. Again, IMHO all crypto needs is to be easy to use and the funds contained in wallets to be secure from theft. Remember, you are asking non-technical people to manage their own individual banks in their home.

At the moment neither is true.

Let's see if i can get this through your thick skulls..
I have warned guys in the P2P File Sharing communities for over a decade
and all over Crypto for 3 years and i have been proven right endlessly.

Even though i have been mouthed off insulted and mocked non stop.
Such as iGotSpots who had made snotty comments to me about being paranoid
..jokes about having wild crazy conspiracies etc.

SO let's recap..

Who else has been warning you all ?

NOBODY !

I have been on my own telling you all for 3 straight years.
And my background in the file sharing / P2P world served as my guide.
I told you all many times i had a buddy who ran a Piracy scene group who was arrested by the FBI for example.
Have you ?
How many scene groups were you in ?
How many of your friends hackers incidents were on CNN news ?
I have lots of history and known some major players on the internet.. that were in time arrested !
(I never have been arrested / questioned etc)

And all i have ever gotten for trying to BE NICE to you all is mocked, laughed at and insulted.

I already created a topic titled "Anon Coins Will Never Work"
Once again you all chose to lip me off and insult me and argue..
But i am right ..as always !

One of the key points i brought up here lots is..
Centralized Exchanges collecting your private information.
I have harped and warned users for 3 years this will lead to the exchange handing it over to the US Govt.
I started saying it regularly on Cryptsy chat a few months after they opened in mid/late 2013.

Back then all the users and the staff scoffed at me cracked conspiracy jokes and insulted me.
Then at the end of last year i coaxed a senior staffer at Cryptsy to admit publicly..
that i was in fact correct and that YES they were in fact handing over your info to the govt.

He admitted it.

He said word for word.. YES we had lied to our customers then handed over their info.
I was right...... AGAIN !

So here i am STILL trying to warn a bunch of mouthy pricks.. why i have no idea (you don't deserve it)
I put up with a shit ton of abuse from you all over it and the thanks i have gotten is a huge fuck you across the board.

So what is this about ? THE UNITED STATES OF AMERICA  +  Crypto

I had said countless times it's retarded using ANON Coins on places like Poloniex
..if your handing over your picture ID etc.
And WHY did i say that so many times ? US Government !

How many times do i have to tell you all until you smarten up ?

So what triggered me here ?
Well it goes back about 2 days when i posted the first news of KickAssTorrents going down seized by the USA govt when i posted a topic telling everyone (in the Off-Topic section)
I found out from my TorrentFreak RSS Feed i have so i knew right away !

Right now i just seen a key piece of info that helped track and arrest the owner of that P2P Torrent site.

Guess what people ?
ANOTHER exchange that collects your info handed your personal details over behind your back !

COINBASE !

And no this is not about Service discussions..
This is about the connections to the USA and the Govt reach they have around the globe.
You could be running parts of a coin in the USA or a service or what ever.. it doesn't matter.
If ANY aspect of Crypto is connected to the reach of the USA (World Police)
Then the USA owns it.. it's theirs for the taking any time they want it.

And doesn't that defy the concept of making Bitcoin / ALT's in the first place ?
Shouldn't these Altcoin(s) be improving on this glaring SECURITY PROBLEM ?
How does Monero or Ethereum help fix this security issue ? THEY DON'T !

If you bought a Monero hoody that says Secure + Untraceable on it ..get your money back 

So here is the quote and a link to the *most recent* security breach on us in Crypto.


Source / Full Story = https://torrentfreak.com/kickasstorrents-connections-to-the-us-doomed-the-site-160723/

It's possible that guy was one of the ones making conspiracy cracks / jokes / insults at me.
Now look at him ..he is in a LOT of trouble and his life is ruined guaranteed !

It's not like i haven't been warning you all NON STOP !
Question is are you all going to get smart one day ?

And before you chalk this up to a service discussion matter with Exchanges think about this..
You really want to go running with your Altcoins to to Microsoft Azure ? or...
The ramifications of the security problem is huge.. ANYTHING that is connected to the World Police is vulnerable.

Who owns the coin Monero for example ?
The guy who controls the Github account ?
NOPE !
Because Github is complaint with US authorities and have a long track record of working with the FED's
So ANYTIME the US govt wants your Github login info etc and the keys to the coin code.. it's theirs for the taking.
..because it's connected to the USA !
So in reality the ultimate true owner of all these coins is.. the USA Government !
So they can & will simply take what ever they want when they want it.
And you all will most likely even never know..

Further Reading: [FACT] Anon coins will never work !

It's time to start thinking about what you're doing people.. get smart ?