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Why bitcoin will not end like liberty reserve
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Topic: Why bitcoin will not end like liberty reserve (Read 1007 times)
bitbitcoins
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bitbitcoins.com
Why bitcoin will not end like liberty reserve
May 30, 2013, 04:15:26 AM
#1
In this topic please develop arguments that are in favor of Bitcoin after Liberty Reserve has been turned off.
This to avoid bad amalgams.
I begin : bitcoin is not the fact of one entity
http://bitbitcoins.com - BitBitCoins - Inside Bitcoin
wolverine.ks
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Re: Why bitcoin will not end like liberty reserve
May 30, 2013, 04:32:10 AM
#2
how do you arrest millions of people all around the world simultaneously?
and somehow claim legitimacy of that round up at the same time?
MysteryMiner
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Death to enemies!
Re: Why bitcoin will not end like liberty reserve
May 30, 2013, 04:35:20 AM
#3
Quote
how do you arrest millions of people all around the world simultaneously?
Not going to happen unless New World Order becomes reality worldwide.
Quote
and somehow claim legitimacy of that round up at the same time?
Terrorism, child abuse, drug abuse, hacking, tax evasion, staring at goatse, spitting on Big Brothers portrait and so on.
bc1q59y5jp2rrwgxuekc8kjk6s8k2es73uawprre4j
Xch4ng3
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Re: Why bitcoin will not end like liberty reserve
May 30, 2013, 04:39:18 AM
#4
I was having this discussion with a few people earlier. They can shut down exchanges, but they'll never be able to shut down the network.
[AUTOBUY] [CHEAP] $2 Account Shop ->
https://bitcointalk.org/index.php?topic=4611147
TippingPoint
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Re: Why bitcoin will not end like liberty reserve
May 30, 2013, 04:40:27 AM
#5
Quote from: wolverine.ks on May 30, 2013, 04:32:10 AM
and somehow claim legitimacy of that round up at the same time?
Global Warming
CanadianGuy
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Re: Why bitcoin will not end like liberty reserve
May 30, 2013, 04:42:44 AM
#6
need to implement some kind of tor-style bitcoin exchange, with "IBAN" nodes that can convert to cash, so the same business account isn't used to deal with all transfers.
Xch4ng3
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Re: Why bitcoin will not end like liberty reserve
May 30, 2013, 09:49:40 AM
#7
Quote from: CanadianGuy on May 30, 2013, 04:42:44 AM
need to implement some kind of tor-style bitcoin exchange, with "IBAN" nodes that can convert to cash, so the same business account isn't used to deal with all transfers.
You will run into problems the moment you involve a paper trail. Cash in hand is the only way to avoid problems with financial institutions, it's that or use a regulated company and include them in any legal filings you have to do. I'm not sure how it is per country, some say you have to report anything over x amount, others say you have to report any sort of income no matter that amount.
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