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Title: . Post by: chydenius on May 31, 2013, 10:53:47 AM .
Title: Re: 2013-05-30 Perfect Money replacing Liberty Reserve Post by: tutkarz on May 31, 2013, 11:10:15 AM when government was closing LR they were thinking that those people will start magically pay taxes from now on and stop doing shady business? funny.
anyway when perfect money will be closed then they will have to use bitcoin sooner or later. Title: Re: 2013-05-30 Perfect Money replacing Liberty Reserve Post by: aigeezer on May 31, 2013, 12:05:40 PM From the article: "...That system makes it possible for police to trace users, whilst exchanges offer centralised areas for law enforcement to raid and find out who is making dodgy purchases with the so-called 'crypto-currency'." I always roll my eyes when an article uses the phrase "so-called" to demonize something dimly understood. I fantasize that it says "...That so-called system makes it possible for so-called police to trace so-called users, whilst so-called exchanges offer so-called centralised areas for so-called law enforcement to raid and find out who is making so-called dodgy purchases with the so-called 'crypto-currency'." I like your Goldilocks quip! Title: Re: 2013-05-30 Perfect Money replacing Liberty Reserve Post by: oakpacific on May 31, 2013, 12:51:22 PM TL;DR
Journalist: LOL, all former LR users flocked to perfect money, none of them uses Bitcoin. Bitcoiner: Why? Journalist: Because, because Bitcoin is not anonymous enough! Bitcoiner: How do you know? Journalist: I checked the blockchain and I couldn't see any illegal transactions! Bitcoiner: Huh? LMAO. Journalist: Wait, what?..... Title: Re: 2013-05-30 Perfect Money replacing Liberty Reserve Post by: worldinacoin on May 31, 2013, 12:55:27 PM I certainly don't hope that the Dark Side comes to Bitcoin, it is a perfect reason for the US govt to shut Bitcoin. They can stay with Perfect Money or whatever Money.
Title: Re: 2013-05-30 Perfect Money replacing Liberty Reserve Post by: TraderTimm on May 31, 2013, 06:27:24 PM This is a classic case of "squeeze the balloon" when it comes to regulation or shutdowns - it merely displaces it somewhere else. Think of all the effort it took to get 17 different police agencies all over the world to shut down ONE centralized site. Now multiply that by several orders of magnitude to even begin to make a dent in bitcoin - if at all.
Just like the peer-to-peer blockade, it will fail miserably and consume a metric shit-ton of resources if anyone is stupid enough to try. Title: Re: 2013-05-30 Perfect Money replacing Liberty Reserve Post by: Gabi on May 31, 2013, 08:04:00 PM This is a classic case of "squeeze the balloon" when it comes to regulation or shutdowns - it merely displaces it somewhere else. "The more you tighten your grip, Tarkin, the more star systems will slip through your fingers." ―Princess Leia to Grand Moff Tarkin;D Title: Re: 2013-05-30 Perfect Money replacing Liberty Reserve Post by: BTCLuke on June 01, 2013, 01:09:24 AM I think the pertinent question here is: "Who exactly are these dark web users?"
Are they people doing something TOO SHADY for SR? (Which only takes bitcoin) Or are they people who simply believe that bitcoin isn't anon enough for them, because they are lazy or stupid? Either group doesn't sound very large. I hope they continue to stay away from bitcoin. Another good question: "How long will it take for uncle sam to shut down Perfect Money?" Title: Re: 2013-05-30 Perfect Money replacing Liberty Reserve Post by: TraderTimm on June 01, 2013, 08:28:42 AM I think the pertinent question here is: "Who exactly are these dark web users?" Are they people doing something TOO SHADY for SR? (Which only takes bitcoin) Or are they people who simply believe that bitcoin isn't anon enough for them, because they are lazy or stupid? Either group doesn't sound very large. I hope they continue to stay away from bitcoin. Another good question: "How long will it take for uncle sam to shut down Perfect Money?" Eh, its all the same in the end. Any tool can be used for good or bad. Hyperventilating about the "bad people" isn't productive. |