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561  Other / Politics & Society / Re: Bitcoin and Islam on: December 17, 2013, 02:19:42 AM
if islam were to adopt bitcoin, wouldn't it possibly be bad news?

Islam itself couldn't adopt Bitcoin, because there isn't anything like a "Pope of Islam" who can make Muslims do anything.  However, a lot of Muslims are in countries where the governments engage in the worst forms of abuse of fiat currency that make Bitcoin popular among nerds here in primarily Christian countries.

Frankly, anything that gets smart people anywhere, of whatever religion, into Bitcoin and therefore, on the Internet, can't possibly fail to help the world.  And fuck what governments think about that, or their fraudulent agendas.
562  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: December 17, 2013, 02:15:40 AM
1)  tyvm for the love guys!

2) https://soundcloud.com/ytcracker/ytcracker-bitcoin-baron-v1-ssl   [get it on repeat / no reason to get it out of your head!]

3) major server-side work continues.  May have something to test on Wednesday for DonkDown freeroll.  Maybe....


Is it premature to say. . .

DONKDOWN CANCELLED!

j/k
563  Economy / Scam Accusations / Re: Bryan Micon's Butterfly Labs Scammer Investigation including Josh Zerlan on: December 17, 2013, 02:13:45 AM
How about you honor your other bets like http://www.bitcoindf.org/ before making other bets? Like real men do!

Inaba is not a real man.  Or any kind of man at all.  He is a low worm.
564  Bitcoin / Legal / Re: Recovery actions for stolen Bitcoin on: December 16, 2013, 01:16:05 PM
Are you telling me all lawyers make this oath above all oaths?

Followup question:  Do you know any lawyers that accept cryptocoin?

I can only speak for myself.  Considering all elected officials take a similar oath, and their conduct doesn't always look to me like it's upholding the Constitution, I have to conclude some people take oaths in vain.  As for me, though, if I say "I swear" something, I take it seriously.

As for lawyers who take cryptocoin, I believe MSantori, on this site, might.  There's nothing illegal whatsoever about taking payment in any form, so long as it isn't contraband of some kind.  I've known lawyers to take payment in goods, services, dairy products, construction work, pretty much any form of barter.

(I can also think of a couple lawyers who took payment in less acceptable forms, such as drugs or illegal services such as procuring the absence of witnesses in other cases.)
565  Economy / Scam Accusations / Re: Bryan Micon's Butterfly Labs Scammer Investigation including Josh Zerlan on: December 16, 2013, 01:42:59 AM
The RMA queue? I know 100% that there are people who submitted a RMA request in November. Hell I will bet money on it, I'm that sure! Want to call it 1BTC?

I wouldn't suggest doing it without escrow unless you want to be scammed by this thieving, welshing fuck.
566  Economy / Scam Accusations / Re: Bryan Micon's Butterfly Labs Scammer Investigation including Josh Zerlan on: December 16, 2013, 01:36:34 AM
This guy Inaba is one of the most pathetic humans that have ever existed.

Best post on this thread ever.
567  Bitcoin / Legal / Re: Recovery actions for stolen Bitcoin on: December 16, 2013, 01:34:32 AM
Yes when it's uncontested it's easy but what happens when more then one person shows up with the private key.

Well, then you have an actual dispute about a material fact, so you can't, for example, successfully file a motion for summary judgment and avoid trial.
568  Bitcoin / Legal / Re: Everyone Panic. There's a lawyer among us. [FinCEN Walkthrough on p2] on: December 16, 2013, 01:28:25 AM
so I assume we still haven't answered whether bitcoin miners are money transmitters (even small-time miners) ??

Unfortunately, that is what legal scholars would call an "interesting question" and spend upwards of six figures arguing about, should it ever come to a court case.

My personal opinion is no, but the opinions of the kind of idiots who would prosecute a case like this seems to be leaning the other direction.  And by idiot, I don't mean stupid people, that's just my term for people with whom I disagree.
569  Bitcoin / Legal / Re: Recovery actions for stolen Bitcoin on: December 15, 2013, 01:31:52 PM
This method is negated by any wallet stealer since both the thief and victim would have the private key. Given that info, how do you prove that you were ever the lawful owner of the BTC at that time? Only thing I can think of is maybe a receipt of some kind (exchange logs?) and that doesn't take into account the fact that the BTC could have been traded willingly off network by sending the private key to the buyer (or thief [I can know as a 3rd party{you can't either}]).

As I mentioned in my blog which started this discussion, proving original ownership of the privacy key will be difficult and certainly will be subject to a finding of fact in any litigation.
It's not just difficult it's likely impossible.  Please describe a scenario in which such proof is even civil court sufficient which is "by the preponderance of evidence".  You can probably forget the criminal aspect of "beyond any reasonable doubt" but if you are up to it you can describe that as well.

Preponderance is basically a 51% deal.  If it's more likely than not that you own the private key, you prevail on that standard.  So if you can actually produce the key, that would prove that you actually own it to any reasonable person, especially if you also, as you would, swear under oath that you are the rightful owner of that key.

Civil court cases quite often turn into "swearing contests" just like this, with one person saying one thing and the other side saying another, and the fact-finder deciding which of them is telling the truth.

But actually possessing the private key is a lot stronger than just saying you are the rightful owner of it.  There's no "beyond any reasonable doubt" in a civil case, which a recovery action would usually be.  The burden is preponderance of evidence, and actually producing the private key while the other side is incapable of doing so (since it doesn't own it) would shift the burden to the other side to prove you were not the rightful owner.
570  Economy / Lending / Re: Islamic Bank of Bitcoin - LOANS on: December 15, 2013, 12:21:51 AM
Not 250 BTC
BUT 85 USD
Since I couldn not fill in a amount of USD I just typed a random number.

So by that, you mean you made a completely fraudulent trust/untrust and lied about another person, accusing them of stealing USD $250,000 from you.

Okay.  That's pretty legit I'm sure.  I'm sure you don't lie constantly in other areas of your life.
571  Other / Politics & Society / Bitcoin and Islam on: December 14, 2013, 03:09:44 PM
This is sort of prompted by the existence of this thread on a specific service called the Islamic Bank of Bitcoin but probably deserves its own thread.

Islam, depending on how you count, is either the largest or the second-largest religion in the world, following Christianity, and indubitably the largest expanding religion in the world.

Islam has a number of interesting rules relating to money (actually somewhat resembling rules Christianity used to follow).  Essentially, interest and gambling are haram (forbidden).  However, the loan service in the thread I linked loans out Bitcoin, and receives payment back in the form of an identical amount of Bitcoin.  This, at least on its surface, avoids the Islamic rule against interest, even though generally, Bitcoin is going to be worth a lot more when you get it back then it was when you loaned it.

This strikes me as potentially violating the rule that gambling is also haram.  However, if this rule were interpreted as strictly as this, it would forbid investing in stocks, bonds, pretty much anything that might increase or decrease in value.  Since many Muslims do these things, and as far as I know, no prominent cleric has denounced them, it seems this is, at least possibly, entirely consistent with Islamic law.

So, my idea, to get to it, is this.  The Islamic world is one of the biggest in the world.  Countries where Islam is the primary religion sometimes have exactly the kind of fiat currency problems that Bitcoin addresses.  A few fatwas (simply statements from a cleric about a religious question) that Bitcoin isn't haram would really open up these markets.

As far as I can tell, the use of Bitcoin is actually entirely consistent with Islam.  It's a bigger market than China.

Anyway, I'll just leave this here.

If you happen to know a prominent Islamic cleric, or know someone who knows one, consider posing this question to them and inviting a fatwa.  Note:  Islam is not hierarchical in structure, as such, and there is no "Pope" of Islam.  Therefore, an opinion would really only be binding or even of interest to followers of that particular school.  
572  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: December 14, 2013, 01:12:19 AM
So what's the competition like here as compared to say Pokerstars? Also is the volume mostly low stakes?

Unfortunately, at least on average, the level of player here is pretty damn good.  There are a few tilters and some utter degenerates, and the occasional really horrible player.  But in general, the level of player is much higher than on Pokertards.

I think this has a lot to do with the fact the player base is largely comprised of American players who were locked out of the poker market after Black Friday after years of playing online, and who got back in largely because of just finally having a site where we could play again.  I think the fish base, such as it is, is comprised of people who have more Bitcoin than sense and got into poker fairly recently.
573  Bitcoin / Legal / Re: Recovery actions for stolen Bitcoin on: December 13, 2013, 10:54:16 PM
...and that is what you supposed smart people who know law, need to figure out.  How do we have recourse against theft, yet protect our Constitutional rights to privacy.  Lawyers, do not swear an oath to the Constitution, so they are sideline players,from my perspective.

Utter bullshit.

Quote
41:1-1. Oath of allegiance; form
Every person who is or shall be required by law to give assurance of fidelity and attachment to the Government of this State shall take the following oath of allegiance:

"I, , do solemnly swear (or affirm) that I will support the Constitution of the United States and the Constitution of the State of New Jersey, and that I will bear true faith and allegiance to the same and to the Governments established in the United States and in this State, under the authority of the people So help me God."

Amended by L.1949, c. 21, p. 67, s. 1, eff. April 12, 1949; L.1971, c. 217, s. 6.

Almost all states have an oath in a similar form.
574  Other / Politics & Society / Re: Any other Americans considering a claim against the FBI over SilkRoad? on: December 13, 2013, 03:12:06 PM
The theory of damages for that kind of dilution is that the mere existence of inferior knockoff products tarnishes the name of the original.  For example, Rolex is damaged by the profusion of cheap knockoffs out there, such that someone wearing a real Rolex enjoys less benefit from it because of the presumption that it too is a cheap fake.
575  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: December 13, 2013, 03:08:29 PM
TY MICON
576  Other / Politics & Society / Re: Any other Americans considering a claim against the FBI over SilkRoad? on: December 12, 2013, 06:13:34 PM
Yes, but there is more to it than that.  First off, it has to be fairly obvious that the manufacturer and the seller intended to commit fraud.  A copycat that is obviously a copycat can easily be argued to be a parody product in court, and if the trademark holder never prosues the issue in a US court at all, then the law presumes that the product is not in violation of trademarks.  Granted, this assumes that the trademark owner is aware of said copycat product, but that's their problem.  Until an injuction against the product has occurred, selling them is not illegal; and buying them never is.

Things like fake Rolexes are routinely seized.  They don't need an injunction to do that, just a temporary restraining order or, for instance, an ex parte writ of search and seizure.  The counterfeiting scum rarely challenge this after the products are seized, because there is a criminal element to trademark infringement (18 U.S.C § 2320), and the crooks are glad just to get away with whatever profits they earned with their fakes.

It is rarely if ever illegal simply to purchase a counterfeit product.

As for fake Rolexes, the fakes generally do not have the same second hand action as a real Rolex.  A real Rolex has a second hand that is a delight to watch.  The fakes tick along and spaz out and look like shit.
577  Economy / Speculation / Re: China banned bitcoin. When will it crash? Win 0.1 BTC on: December 12, 2013, 06:05:30 PM
Panic or not is another thing. After all it's not panic if you are the first one to leave. And that's what smart people did.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.

$600 is where I bought back in.

ETA:  $610 actually.

Let me guess. You sold at 1200 right?  Roll Eyes

I checked, was actually $1,150.  So sue me.
578  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: December 12, 2013, 06:04:51 PM
ok sorry donkdown (the show) was cancelled

On the plus side I'm pretty sure I got a Silk Road tshirt on an upcoming WPT...

So are you saying

DONKDOWN CANCELLED?
579  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: December 12, 2013, 05:56:39 PM
Quote
Cyprus Central Bank has warned that using the virtual currency Bitcoin is dangerous.

MY SIDES! 

Oh, yeah, it's much safer to keep your money in a bank where the government routinely just steals it!

580  Economy / Speculation / Re: China banned bitcoin. When will it crash? Win 0.1 BTC on: December 11, 2013, 10:54:09 PM
Panic or not is another thing. After all it's not panic if you are the first one to leave. And that's what smart people did.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.

$600 is where I bought back in.

ETA:  $610 actually.
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