Bitcoin Forum

snip

1. Did you see the video camera that filmed you as you posted the letter with your dna on it because you licked the envelope?
2. Where did you buy the acid ? Did you use a credit card ?
3.Do not collect $200 youre going directly to jail.

Very unlikely scenario.

There are far more lucrative targets than bitcoins. Bank robbery, art theft, kidnapping & ransom just to name a couple of examples. Also, the initial cost of buying bitcoins will deter most people desperate enough to do something this crazy.

If someone did a high-profile act of piracy, kidnapping, or some other crime where they demand a money drop, Bitcoin will rise in notoriety overnight.  It will raise the eyebrows of every bad actor in the whole involved country if not the whole world.  "Pirates seize ship, demand Bitcoins"... many people will make the inference that they're better than cash in terms of being a way to receive money without any chance of getting caught.  (Now how to spend the money is a different story, but the bigger Bitcoin gets, the less of a concern that would be for the criminal).

Sounds kind of like when Iraq would game the oil market by kicking out weapons inspectors, but tell their buddies first so that they could cash in on the global bump in prices. Rinse repeat.  Nothing really novel here - highly versatile tools like Bitcoin are also likely to have black hat applications.

As they say in blackjack, where the odds truly are in the player's favor with a simple counting scheme: if you can make money playing blackjack, you can make more money doing something else.  If you could pull off a complex operation like the above, you should be an entrepreneur instead.  Or at the very least, go into marketing.

I suspect that you'd see enough countries invoking their anti-terrorism laws to effectively cripple the exchanges.

There are already plenty of illegal things for which Bitcoin is well-suited - payment for people smuggling springs to mind - which don't run the same risk of it being made the focus of anti-terrorism actions.

I thought for sure I was going to read about politicians on this tread. Pay me X BTC, and I'll make sure to present this legislation on the House/Senate floor.


The only other thing needed is the secret Bitcoin Shake (handshake):


http://www.contemporaryrelations.eu/wp-content/uploads/2010/06/corruption.jpg

I disagree.  The utility of Bitcoin for purposes like this is a legitimate "social sciences" topic to discuss in a Bitcoin forum.

I just posted here to garner suggestions for the secret handshake (Bitcoin Shake). No more getting caught: http://www.washingtonpost.com/wp-dyn/content/article/2005/11/28/AR2005112801827.html But the secret GBS (Gentleman's Bitcoin Shake) is clearly needed for my idea to take hold.

Pretty good idea and I see no reason why it wouldn't work.

DDoS extortionism has been big business since about 2004, the only problem is actually getting hold of the money. If bitcoins were the preferred method of payment it may sever the link to the real world and make finding these people impossible.

Not sure how to handle such a situation, but it's a nice thought experiment nonetheless.

Formula for Success =

A.) Go to Silk Road to Buy Drugs
B.) Learn all about a New Currency called Bitcoin
C.) Go straight to Bitcoin Forum to post drug induced visions.

Step 6 - Frame Downloadcoin.com - because he came up with the idea so it's obvious he must be the perp :)

how about sell pirated stuff on the net, for New users to the internet?

oh wait that happens,

See and its this kind of retarded shit that got these forums distanced from the main bitcoin site. I really wasn't kidding when I said the bitcoin community was it's own worst enemy.

I firmly believe that any forum community would not be a downfall to its named product or service. If that were the case, eBay wouldn't have made it to year two. I'm willing to bet that there's an Apple forum with its group of (insert plural noun here) that (insert derogative verb here) the company.

Your point is valid, though, on why this forum is distanced from bitcoin.org. I just disagree on it having an adverse effect on Bitcoin as a whole.