I already tried to ask a lot of existing exchangers if they would trade BC, they all said "no".

Perhaps this will change with more demand and adoption.

Add this to the 'cons list' for cash:

- Possibility of RFID imbedded into the bills. They could be read by the machines at your local post office and throw a red flag on the destination address.

None of that matters. PayPal's corporate policies are not law. Under the slightest inquiry they will give you up. I guarantee that fact.

See 'jurisdiction' again. Is PayPal a registered corporation? I'd imagine so. Obtaining a corporate charter is a PRIVILEGE (means "private law"), not a right. (Rights are inherent, you don't apply for them.) It makes PayPal subject to the jurisdiction of the REGISTRAR. (The state or federal government.) So when they are asked for your information and are stuffed with a pile of statutes, they have to comply or face civil (See: Roman Civil Law) penalties or the revocation of the charter. (Revocation of charters is rare, but it does happen.)

After PayPal gives up your information; they (IRS/boogieman/whoever) will look at the real world items you have in your 'keep' and determine that they were paid for with these so-called donations online.

You'll enter your plea with the courts (a plea is a verbal contract that also establishes civil jurisdiction with your consent), they'll find you guilty, and you'll get a nice piece of paper called a court order to pay fines (or possibly jail time).

Call me jaded if you wish. They are very 'tricky monkeys'.

During an audit (taxman, or otherwise) how will "Person B" explain a donation? Person B would need to have some sort of cover. A fake charity or something?

Maybe one should have a lackey that does the driving and mailing. Pay him in Bitcoins!

Great minds think alike. (There are better places than under your bed.)

Epassporte is kinda scammy. It is ran by the same folks who run Paycom/Epoch Billing (adult billing). I personally know a handful of people who were ripped off, had their accounts frozen for various non-issues (see: PayPal).

When I had signed up for a physical card when they first opened I never received anything in the mail, they charged my CC, my bank called me asking me if it was fraudulent. They told me that those epassporte charges had caused a lot of disputes at my bank. I explained to the guy on the phone what I had ordered online and that I hadn't received anything. (It wasn't my intention to chargeback or cause any "friendly fraud", people do that to me all the time so I know how it feels. It is aggravating.) My money was refunded by epassporte after I called them in California (they claim to be in Antigua).

When people ask me to pay them with Epassporte, I usually just laugh.

Anyone want to hear my stories about PayPal? lol I have a few.

How about with Visa International? Or MasterCard's broken securecode system?

I think as Bitcoin's adoption rates go up more and more LR+Pecunix only sites will pick up Bitcoin as an alternate payment option. After all, the people already accepting LR/Pecunix are very like-minded.

Yes, we are all here to learn and discuss. My apologies if I came across as a "know-it-all". I have just been in the payment processing industry and law studies for over 10 years, and I know a lot about it.

Sure, you can be worried about me taking your DNA from an envelope that you send. Just use gloves when preparing the envelope and use water or tape instead of saliva. (Wear a hair net too if you are that paranoid! ha!)

A franked envelope has information about the general area from where the letter was mailed. It is rather useless to an investigator, assuming that you don't use a real return address. Or you use a return address that I provide you (lets just say). You can also go for a little drive to a different part of town and mail from there. Or another city. Or get a friend to re-mail it from his city. There are plenty of options.

'Snail mail' when properly prepared (making the envelopes as machine-readable as possible and using the proper Zip code 5+4 digit extension, etc) is actually quite speedy. (I have experience with shipping as well.)

As a business, why would I accept Bitcoin and not LR/Pecunix? It doesn't make any sense to do exchanges between LR/Pecunix and Bitcoin.


Oh, and asterisk sucks. You'll want freeswitch instead. (freeswitch.org)


So you are saying that people are lazy? lol Big surprise there.



Oh and LR is a fractional reserve currency on top of a fractional reserve currency. Do not keep money in your LR accounts. Use it as a pass-thru only. Also, PerfectMoney is ran by a sociopath who is currently in prison.

_{edit by Xunie: merged 4 posts.}

Not anymore. They were just recently slapped with fines. They are tightening up ID requirements now.

Cash in the mail is the best option, in my opinion.

1. It is fairly anonymous (there would be a postmark from your side and you'd know my address).
2. I know the laws inside and out here. I wouldn't violate them.
3. I am not in the USA.




Oh and PayPal is a horrible choice.

All it would take is for a competitor to rat you out to PayPal and you'd be out of business.

Exchanging in and out of physical gold/silver is another option. I have experience with shipping goods, and a friend of mine is a bullion dealer.

_{edit by Xunie: merged two posts.}

I average around 32-40 on each of my machines. I have port forwarding setup and my machines are on big connections. I'd like to actually increase the number of connections.

It is natural deflation. Get over it.

That URL is bunk.

The NZD? New Zealand is bankrupt.

The USD? The US is almost in a depression and it might lose its status as a reserve currency. (Not to mention rampant inflation.)

I'd just choose gold or silver.

I pay $9.99 for a local phone number. Been a customer for 4 years. It works great.

I also use them to connect my mobile calls. (Mobile calls here are seriously an arm+leg with our local provider.)

Oh, and I also resell some of their stuff to friends to make a few extra bucks.

I emailed support and asked them. (I've been a customer for 4 years. I was also the one who suggested that they accept BCs.)

They told me that they are matching New Liberty Standard's BC/USD rate for the time being.

I sent them a payment today and I received a credit. Looks like it works.

Link2VoIP (www.link2voip.com) accepts Bitcoin as payment.

Now you can get phone service for Bitcoins.

How's that for useful?

Found these ones online:

(I2P / port 8333)
7dcgf6w3ahd7rjmhyzbu6mvji2pncv2sywlhjhoxkoi6gsjqucxq.b32.i2p

(TOR / port 8333)
ijzt2eeizty3p5xe.onion

They are listed on http://hosts.i2p (on I2P)

I vote for the I2P method, myself. It works great.

Your remedy supposedly lies in finding out what a "US Citizen" really is and what your obligations are.

I have read a lot of court transcripts of trials in the USA regarding money transmitting, and (so-called) laundering, and I'd have to conclude that the US Government seems to do whatever the hell it wants. And that is really unfortunate. I don't see any freedom in that country (as an outsider looking in) until there is another civil war. :/ (Although I REALLY hope it would be a peaceful resistance.)

I really wouldn't want to run an exchanger from the USA. If you do live in the US and want to run an exchanger, setup a foreign corporation and run business that way. Get nominee directors and shareholders. Deny that you own it. Don't even tell your family. (Everyone has something to lose; and those rats will use that as leverage.)

As for stopping bitcoin, our government has been trying to stop file sharing and P2P for many years. They can't seem to. I'm not worried at all. The point of attack for them is going to be the exchangers.

E-Gold failed because they were SLOPPY and NIEVE.

They had "E-Gold Ltd." setup in Nevis+St. Kitts, forgot to renew the corporate charter, held the reserves (contracts with brinks/via mat) with a US corporation (G&SR INC) (where the US DOJ has jurisdiction). They reached a point where they started to realized that they could make even more money if they ran their own exchanger. So they started OmniPay in the USA (another bad move) without any licenses, and poor KYC compliance. They were asking for it.

When they appeared in court and started to pull the whole "E-Gold is out of your jurisdiction" crap it didn't matter. (Only the website and book entries were "without US"). The "crimes" were pulled by G&SR+OmniPay and that really is all that matters. OmniPay was a US corporation and it dealt with FRNs. We know how that went. The US DOJ could also seize the physical gold and silver because G&SR was under their jurisdiction as well.

Lessons learned: the US has shoddy property rights (if you are a corporation), they don't follow their own laws (corruption), and Jackson needed to structure his business better (sloppy). He thought the US Government would work with him and not against him if he cooperated with investigations (nieve).

Peace and good luck!