Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: BittBurger on May 02, 2014, 03:11:03 AM



Title: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: BittBurger on May 02, 2014, 03:11:03 AM
 .... show them this link.

http://www.epicdash.com/mexican-drug-lords-home-raided-even-incredible-horrifying-ever-imagined/

https://i.imgur.com/6t56Y89.jpg

-B-


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Bitcoinpro on May 02, 2014, 03:37:19 AM
far to many inconsistencies in that story for it to be even remotely true

least of all the gun collection looks like it is in a museum

and wat the heck is the last picture of lol

people who say bitcoins are used for buying drugs are not the type of

people who are up for discussion about it  ;)


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Bit_Happy on May 02, 2014, 03:59:40 AM
.... show them this link.

http://www.epicdash.com/mexican-drug-lords-home-raided-even-incredible-horrifying-ever-imagined/

https://i.imgur.com/6t56Y89.jpg

-B-

The photo looks real enough, and that is one truly epic pile of cash.
The owner was way overdue to retire and enjoy some of the profits.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Bitcoinpro on May 02, 2014, 09:24:40 AM
I don't know something dosn't seem right about the panther photo, and 20 Billion in cash seems a bit much considering that would make them among the richest men in the world and all in cash,

sounds more Mexico runs their Treasury in cash and the entire GDP is drugs.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Ricke on May 02, 2014, 09:35:58 AM
.... show them this link.
I think this is a valid reason to disestablish cash, but not an excuse for Bitcoin.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Zebra on May 02, 2014, 09:48:23 AM
The pile of cash is definitely amazing, but I really doubt if it is real and there are 22 billion there.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: AndrewCoin on May 02, 2014, 09:52:00 AM
http://cdn.uproxx.com/wp-content/uploads/2013/08/801372826.jpg


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: maurya78 on May 02, 2014, 09:56:56 AM
Nobody complains when cash is used to trade in illegal items


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: RaTTuS on May 02, 2014, 09:58:37 AM
I say that when it was repoorted on the BBC - the 22Bil is wrong but the rest seems ok .. I'll see if I can find a link
http://www.infojustice.com/Topics/29%20Photos%20of%20Drug%20Lords%20Home%20after%20Raid.html


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: franky1 on May 02, 2014, 10:28:24 AM
from what i can see
10 stacks high (height)
10 stacks deep (width)
35 stacks along (length)

3500 stacks

if each stack was worth $1000 in small denominations = $3.5mill
if larger denominations worth $10k per stack = $35mill

definitely not 1 billion, and definitely not 22billion


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: maurya78 on May 02, 2014, 11:22:34 AM
So is cash isn;t it?
That's a pretty douchey argument against bitcoin!


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Lauda on May 02, 2014, 11:45:34 AM
The photo looks real enough, and that is one truly epic pile of cash.
The owner was way overdue to retire and enjoy some of the profits.
Yeah I saw it also in the news somewhere.
from what i can see
10 stacks high (height)
10 stacks deep (width)
35 stacks along (length)

3500 stacks

if each stack was worth $1000 in small denominations = $3.5mill
if larger denominations worth $10k per stack = $35mill

definitely not 1 billion, and definitely not 22billion
Each stack is worth much more, trust me.
Also I don't think that this is all the money that he had.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: haploid23 on May 02, 2014, 12:01:26 PM
That's a shame, that guy should have bought some btc. That way, he wouldn't lose all his wealth like that, and also drive btc prices sky high. Win-win.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: dreamspark on May 02, 2014, 01:39:32 PM
Its definately a real story, I remember when it broke.

Blows your mind how much money there is in the drug trafficking world.

Prohibition anyone?


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Dogtanian on May 02, 2014, 02:03:52 PM
I'm sure I read a story a while ago about that big bed of us dollars being all counterfeit money that was seized from somewhere. I'm not sure even the biggest Drug lords in the world would ever have 22 billion in cash lying around. They're probably a lot more smarter with their money than that.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Lauda on May 02, 2014, 02:16:46 PM
That's a shame, that guy should have bought some btc. That way, he wouldn't lose all his wealth like that, and also drive btc prices sky high. Win-win.
This is why Bitcoin is useful.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Mayuyu48 on May 02, 2014, 02:25:21 PM
shit, that's majority in USD?
just like in Breaking Bad Series ;D

illegal transaction often use cash, especially USD
what will they do with that cash?


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: franky1 on May 02, 2014, 03:02:04 PM
after showing them the drug scandals dollar has. the skeptics will then say, "ok so drugs is not a big deal".. what about all the thefts from exchanges and 3rd party services..

show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: MegaHustlr on May 02, 2014, 03:49:59 PM
after showing them the drug scandals dollar has. the skeptics will then say, "ok so drugs is not a big deal".. what about all the thefts from exchanges and 3rd party services..

show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU

What is it so much more 'in your face' with bitcoin. Banks slowly drain you, bitcoin happens overnight and poof mt gox runs.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: jc01480 on May 02, 2014, 09:27:15 PM
In the US, stash houses are normally located in upper-scale neighborhoods.  Usually in a quiet community where discovery would shock the conscience of neighbors.  Every one I've ever seen has been within a couple blocks of an elementary school. 


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: leopard2 on May 02, 2014, 09:36:54 PM
Impressive. Obviously this guy should have invested more of his stuff into armed forces for self defence.  :D


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: bountygiver on May 03, 2014, 12:18:02 AM
after showing them the drug scandals dollar has. the skeptics will then say, "ok so drugs is not a big deal".. what about all the thefts from exchanges and 3rd party services..

show them this and remind them about banks
http://www.youtube.com/watch?v=DsXHHoKgZcU

What is it so much more 'in your face' with bitcoin. Banks slowly drain you, bitcoin happens overnight and poof mt gox runs.

Because BTC is a new system that don't need banks, but these big corps who want your money still make their firms run like banks.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: cluelesscollegiate on May 03, 2014, 12:29:52 AM
Regardless of whether the photo is legit or not, its a fact that cash is the mainstay of the informal economy. No contest. BUT, its legitimate applications are just as apparent. By contrast, Bitcoins "legit" applications are somewhat unclear. Clearly the most common media portrayal of crypto users harps on the (no doubt sensationalized) contingent of drug dealers, child pornographers, arms dealers et al. So what are some non-criminal, non-contraband related exchanges that ye forum dwellers have participated in ? And why should these exchanges be carried out with crypto/Bitcoin rather than with cash or credit ?
Beyond speculative investment and trading, whats the incentive to get involved with Bitcoin or any other cryptocurrency beyond access to illicit goods or services?


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Bit_Happy on May 03, 2014, 12:33:10 AM

LOL
What is that supposed to be from?
Is he "security" or a very tired drug lord?


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Bit_Happy on May 03, 2014, 12:38:19 AM
...
Beyond speculative investment and trading, whats the incentive to get involved with Bitcoin or any other cryptocurrency beyond access to illicit goods or services?

Protection against runaway inflation is one great reason.
No central Gov can print millions of new BTC.



$$$$$$$$$$$$$$$$$$$$$$$$$
Another cabinet stacked tight with cash – all 100′s.
https://i.imgur.com/jhhigsQ.jpg

Does your insurance agent claim to offer household coverage for unique situations?  :D




Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: Transisto on May 03, 2014, 06:07:42 AM
CUZ, you were ignored !


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: beetcoin on May 03, 2014, 06:20:35 AM
oh lord that's a shitload of money. when i see something like this, i think wtf is up. if i had 35 fucking million dollars i'd just call it quits and live the rest of my life comfortably. i guess once you get that kind of money, your ego grows and you just need to have more just for to be the top dog. it's how i imagine "our" billionaires to be like as well.


Title: Re: Next time someone tells you Bitcoin is bad cuz its used for Illegal Activity...
Post by: tins on May 03, 2014, 08:40:27 AM
I'm in the wrong business.
 :o