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4081  Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden. on: April 04, 2015, 09:02:56 PM
Lazy Americans don't deserve freedom because they refuse to rise up against the leaders that are taking it away from them.

No need to blame the ordinary Americans. They are being subjected to relentless brainwashing 24x7. A small minority is capable of understanding all this and stand up against the propaganda. The remaining are just helpless.

No, you can blame them unless they dropped out of K-12 in the 3rd grade and don't understand anything about the system they live under. Everyone in the country saw the way the storm troopers handled the Boston bombing. Now, it's different if they see it and they want a new country where the storm troopers are allowed to bust your door down whenever they want to. That's a conscious choice to relinquish your freedom. Then they are not lazy but simply the worst kind of fool.

4082  Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden. on: April 04, 2015, 05:41:03 PM
Lazy Americans don't deserve freedom because they refuse to rise up against the leaders rulers that are taking it away from them.

Words are important.

Ok, that's a good edit.
4083  Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden. on: April 04, 2015, 02:11:38 PM



Strange quote from a man that reauthorized the Patriot Act extension. Lazy Americans don't deserve freedom because they refuse to rise up against the leaders that are taking it away from them.

Quote
On May 26, 2011, President Barack Obama signed a bill that reauthorized key elements of the Patriot Act. The bill called for a four-year renewal of some of the most controversial provisions of the surveillance legislation. While the bulk of the Patriot Act is steadfast law, there are certain measures that Congress must periodically reauthorize or else they expire. Among them is roving wiretaps, i.e., the ability of law enforcement officials to track targets if they change phones without law enforcement first consulting a judge
4084  Bitcoin / Bitcoin Discussion / Re: Do you have a feeling BTC has slowed down a bit? on: April 04, 2015, 01:27:24 PM
I still read the boards every now and then but I am out. Completely. Bitcoin solves nothing for me but it was a great way to make extra cash since I discovered it. But the easy money is gone for me personally and I think the people like me will move on to other things. Very neat idea though but just another type of fiat currency in monetary economics. A house built on sand in other words. I highly doubt it will have any value in 20 years as something else will replace it. Internet users are a fickle bunch.

I've witnessed that too. People are moving on. There's a small fraction of the users here now that were here when I first registered. Even the evangelistic born again Bitcoiners are gone now. I always chalked it up to kids graduating, growing up and starting their real lives. Everyone is idealistic in college. Save the whales, save the trees, free (insert current martyr here) slowly becomes feed the kids, pay the mortgage, please the boss.

I'm not gone, I'm just on other platforms more often.  I find that a lot of people here seem to ask the noob stuff all too often.  I think you can find many of us still active on places like facebook twitter reddit instagram has some... This place is good, but relatively, but I wish that the marketplace section was more active. 

Yeah, I see some people that have been here a long time. Satoshi considered this to be the main forum for Bitcoin info and development and it's losing the oldest supporters. Either this forum is losing it's position in the Bitcoin world as you suggest or people are moving on and losing interest for whatever reason (graduating, scammed out of their faith in the system, scared of the legal standing, finally see the fight will be decades not months).
4085  Bitcoin / Bitcoin Discussion / Re: Shocker!: Bitcoin no longer sponsoring St. Petersburg bowl game. on: April 04, 2015, 12:34:52 AM
I think it's probably too soon that they decided to end it. At least they should consider adding on to another year. Viewers tend to forget easily and I wonder did anybody actually comes up with a figure on what the impact of the sponsorship and the benefit it brings for that amount of money put in.

They simply might not be doing as well as they were last year and not have the extra money to spend. It's too bad they don't maintain their accounts on here anymore. They could just tell us why they aren't doing it this year. Although, I do respect them for not having an account in trollville.
4086  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 08:11:33 PM
Now I see why these forums are so robust.  You really roll out the welcome mat for new users and respect people's opinions.

I'll give you the benefit of the doubt. Maybe your very first post was just an untimely accident. Welcome to Bitcoin and please take the advise of the older users and keep your Bitcoins in a wallet you control. I know it seems easy to use online wallets but it's not as safe.
4087  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 08:03:26 PM
It's hard to believe that I don't work for coinbase or that I keep my coin there?  Seems like you also don't think that this info gathering is shady, so I'm confused.

What I think is that you're a shill. You're not even a good shill because you're not following the thrust of the conversation. The governments request for more info is suspicious or the investigative request by Coinbase for more info is suspicious not shady. It's understandable if someone in the reporting chain thinks a mining company is laundering money. I don't believe a company would irritate what has to be a large customer without needing to do it. That leads me to believe the government is requesting more info based on the filing of a CTR.
4088  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 07:34:33 PM
Been lurking here for a while.  I don't work for coinbase.  I just think there tends to be a lot of paranoia in the bitcoin community, but coinbase has been pretty trustworthy for a while now.  I keep my coin there.

That's hard to believe but it doesn't matter because Coinbase isn't on trial here. They are doing what they must do as a financial services business. They must report large transactions using a CTR form and an SAR for suspicious transactions. Failure to turn in the forms or notifying the customer about intent to file a form or helping to change transactions is called structuring, and is punishable by federal law against both the customer and the employee. The info they requested could only be used to determine if the large deposits are possible by mining Bitcoins alone. This means they will likely file an SAR with the info they receive from the mining companies. It's odd for companies to initiate an SAR without a very big red flag being discovered or more info being requested by the government. But none of this is the fault of Coinbase. They are doing what Charlie Shrem should have done but didn't - their legally required job duties.
4089  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 06:55:28 PM
I don't see what the big deal is.  Seems like they just want to vet the mining companies they do business with.  If miners don't like it they're free to do business elsewhere.  That's fine with me and I'll continue to use coinbase.

THIS is your first post? You probably work for Coinbase. LOL
4090  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: April 03, 2015, 06:53:12 PM
BurtW's indictment was filed on 2014 oct 07 in the US District Court for Colorado. On the same day, at least three other cryptocurrency related cases were filed in that same court, with the same special agent Arran McWhirter, with the same prosecuting attorney of Michele Korver, all offenses listed as occurring in Boulder County:

14-cr-00398 USA v Burton Wagner
18 USC 1960
Count 1: Operation of Unlicensed Money Transmitting Business

14-cr-00399 USA v Sean Swanson
18 USC 1960
Count 1: Operation of Unlicensed Money Transmitting Business

14-cr-00400 USA v Michael Seiler
18 USC 1956 (a)(3)(B) and (C)
18 USC 1960
Count 1: Money Laundering
Count 2: Operation of Unlicensed Money Transmitting Business

14-cr-00401 USA v Katherine Noland and Thomas Noland
18 USC 1956 (a)(3)(B) and (C)
18 USC 1960
18 USC 2
Count 1: Money Laundering (Katherine)
Count 2: Operation of Unlicensed Money Transmitting Business (Katherine and Thomas)

Very frustrating. I just went through all 4 cases' docket reports in PACER, and for all of them, the complaints are still sealed and even the plea agreements are sealed. So I have no idea what's going on other than it was obviously a connected series of busts and sounds like it may have been black-market related.

Is that normal? What are they protecting/hiding?


That struck me as odd too. When they took down Liberty Reserve they used the patriot act. Does that mean what Burt was doing was as bad as Liberty Reserve? The government is throwing around the patriot act and walking on civil liberties so much since 9/11 that I don't even recognize this country anymore. Civil liberties are meaningless when you have laws that allow them to be trampled. The founding fathers of America are weeping in their graves.
4091  Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges on: April 03, 2015, 06:36:09 PM
What confuses me about Ross isn't whether he was sentenced to life or got off completely free. Ross strikes me as a pretty bright kid. He must have known that the Christian Puritan laws in this country would eventually catch up with him because he wasn't 12 years old and tried to hide his identity. He's not a martyr because he did try very hard to hide his real identity. Martyrs usually want everyone to know who they are and don't mind taking a bullet for the team. What confuses me is why this bright kid didn't leave America to run his illegal business? Why stay in the Christian Lions jaws waiting for the eventual bite? Makes no sense to me.

It makes sense if he really was the fall guy that he claimed to be.  Andy Greenburg said that Ulbritch had a mole in the investigation.  No, DPR had a mole.  If DPR was tipped off that the Feds were closing in on him, it is plausible that Ulbricht is just the fall guy.  As far as I'm concerned, the only thing Ulbricht is guilty of is trying to remove a spam post from the Silk Road forums.  30 years for removing a spam post.

That really would be sad, wouldn't it?
4092  Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges on: April 03, 2015, 06:35:00 PM
What confuses me about Ross isn't whether he was sentenced to life or got off completely free. Ross strikes me as a pretty bright kid. He must have known that the Christian Puritan laws in this country would eventually catch up with him because he wasn't 12 years old and tried to hide his identity. He's not a martyr because he did try very hard to hide his real identity. Martyrs usually want everyone to know who they are and don't mind taking a bullet for the team. What confuses me is why this bright kid didn't leave America to run his illegal business? Why stay in the Christian Lions jaws waiting for the eventual bite? Makes no sense to me.

There could be a slight advantage to staying in the US as investigators could drastically narrow the search down to focusing on Americans who left recently or before the creation of the silk road.

The best solution would have been to make his nationality/race/identity ambiguous when speaking with employees and leave the US IMHO. It is difficult but can be done as Satoshi has shown.

I suppose but I think I'd rather live free in Somalia than be a prisoner in America. It's not like he didn't have plenty of money to hire his own protection army.
4093  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 06:29:43 PM
You can make it about me if you like but why don't you read this whole thread before you do. https://bitcointalk.org/index.php?topic=934268.0

Maybe he was a nice guy  (I don't know), but he should've checked the requirements for Money Transmission Business. I'm not going to read all those pages now.

I don't have to trust the government.

Of course you don't have to, but your life will be very sad if you keep assuming the worst.

You just don't get it. I'm not assuming the worst. I'm assuming they are going to do what they are being paid to do. If you don't read that back story then you can't understand how vicious the government can be in the pursuit of justice.
4094  Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges on: April 03, 2015, 06:23:05 PM
What confuses me about Ross isn't whether he was sentenced to life or got off completely free. Ross strikes me as a pretty bright kid. He must have known that the Christian Puritan laws in this country would eventually catch up with him because he wasn't 12 years old and tried to hide his identity. He's not a martyr because he did try very hard to hide his real identity. Martyrs usually want everyone to know who they are and don't mind taking a bullet for the team. What confuses me is why this bright kid didn't leave America to run his illegal business? Why stay in the Christian Lions jaws waiting for the eventual bite? Makes no sense to me.
4095  Bitcoin / Legal / Re: Ulrbricht's Attorney Demands A Re-Trial on: April 03, 2015, 06:07:54 PM

Well, as a legal matter, I don't think the verdict will be overturned. It appears that most of these issues were already argued before the court, and Ulbricht lost. The government appears to have appropriately segregated the evidence from the Baltimore team and kept it out of the trial.

I agree, the unsound conviction will no doubt stand. But that unsound conviction in itself is an indictment of the poor state of constitutional law in the US.  I think such a scenario as involves SA Force would cause a scandal that would threaten government ministers in most European/Western democracies.

Yes, but those are real democracies. The system insulates the U.S. president from scandal. Even Nixon wasn't impeached but was allowed to resign instead. He should have been tried for his crimes but instead they built him a presidential library like every other former president.
4096  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 05:58:36 PM
Dude can't you see the reason for the government wanting to see the equipment. Is not paranoid, it's as plainly visible as the nose on your face.

Many people criticize politicians, but your posts are telling me that you're assuming that your government is always evil - completely ignoring the fact that all of them are humans just like you.  That's what paranoia is: trust issues. Of course you don't believe me that you could need help, because you don't trust me either.

Sorry for this off-topic discussion.

You can make it about me if you like but why don't you read this whole thread before you do. https://bitcointalk.org/index.php?topic=934268.0

I don't have to trust the government. It's their job to catch drug dealers and they pressure people to achieve the end goal.
4097  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 05:31:11 PM

Dude can't you see the reason for the government wanting to see the equipment. Is not paranoid, it's as plainly visible as the nose on your face.

Let's say one of these mining farms are turning in $2 million dollars a month for exchange to fiat. Coinbase has a reporting requirement so they notify the government. The little poorly paid agent functionary wants to know if they are turning in the proceeds of drug sales to convert or if they actually have the equipment to mine $2 million a month in Bitcoins. He notifies Coinbase to send a letter to them requesting a detailed inventory of equipment to verify the ability to mine that much. Coinbase says, I'm not doing that, that's your job mr. agent. Mr. Agent says, so your tired of having a business license. Ok, I can fix that and remove your license.

If the mining farms are smart and honestly turning in mined Bitcoins they would comply after making Coinbase sign a confidentiality agreement to not make their special mining system public. If they are criminals selling I'll gotten gains they will fight it until guys in blue wind breakers bust down their front door.
4098  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 04:23:28 PM
I am a little older and I remember the days when financial institutions did not care about the source of funds as long as their own interests were adequately protected. Think of Swiss banks up to the 70's or early 80's. There is no reason to shut down a "high risk" customer, such as a drug kingpin, if you were not forced to by the government.

1. Coinbase is a startup - they don't have billions to cover potential losses

2. You had to actually visit the bank - even if you had a numbered bank account your face was filmed every single time - on the internet it's more difficult to know who you are dealing with. Especially in Bitcoin it's important to know about your trading partners.

So you believe the guys at Coinbase got a wild idea to start fucking with their customers and said one day, hey let's make every mining farm customer send us photos of their setup with detailed information or we close their account and never exchange anymore Bitcoin for them? 

The government must have demanded the information. Most Bitcoin users I know would never ask for that kind of info and would have told the government to fuck off unless they were threatened. AML/KYC doesn't mean you need your customers cock size. It means you need to have verified their identity. 
4099  Bitcoin / Bitcoin Discussion / Re: Coinbase Seeks 'Invasive' Details on US Bitcoin Mining Operations on: April 03, 2015, 02:25:44 PM
The U.S. government is shutting down localbitcoins with sting operations and now it's demanding U.S. based exchanges find out info on large mining operations. What's the next step, all U.S. ISPs must use promiscuous mode packet sniffers to identify Bitcoin nodes? Give them enough time and America can figure out a way to fuck up a wet dream.

You say sting operations, are you implying that local bitcoin trading is unauthorised, at least in the us?

Well they're putting people in prison for it, so yeah, I guess it's unauthorized.

See: https://bitcointalk.org/index.php?topic=934268.0

And: https://bitcointalk.org/index.php?topic=462846.0
4100  Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges on: April 03, 2015, 02:19:38 PM
Ross Ulbricht may get some jail time, but it shouldn't be 30 years.  Maybe a year or two.

Yes, he created Silk Road, but he never possessed any of the drugs for sale on it (probably), and he didn't buy the drugs (again, probably).  He merely facilitated a way for others to buy and sell drugs and made some nice coin on the side from sales commissions.

Those people would have bought and sold their drugs one way or another even if Silk Road never existed.  So putting Ulbricht in jail does not serve justice or help anyone.   Aside from making a website that specialized in drug sales, he didn't actually do anything wrong.

You're right, other than facilitating international illegal drug distribution he didn't actually do anything wrong. He's no worse than a mule that brings drugs to the U.S from Mexico. It's not like he was selling the drugs. Why are they being so hard on him?
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