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Wilikon
Legendary
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Activity: 1176
Merit: 1001
minds.com/Wilikon
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January 27, 2014, 08:58:40 PM |
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ATM Bitcoins illegal too?
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infested999 (OP)
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January 27, 2014, 10:03:01 PM |
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ATM Bitcoins illegal too? For the owner of the ATM for sure. Everyone is putting themselves at risk of getting arrested by using US-based exchanges. Why would you trust a court that does not understand how to use Skype to know the difference between using Bitcoins legally and illegally?
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TheButterZone
Legendary
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Activity: 3038
Merit: 1032
RIP Mommy
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January 27, 2014, 10:11:11 PM |
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More victimless "criminals" having the boot stamping on their face forever. Just a matter of time before every single localbitcoins seller is prosecuted for not harming anyone, because "economic liberty must be destroyed"!
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Saying that you don't trust someone because of their behavior is completely valid.
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elonmusk
Newbie
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Activity: 7
Merit: 0
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January 28, 2014, 04:59:06 AM |
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I seeing the bitcoin rate today going down, does this news effected it in any form?
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bryant.coleman
Legendary
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Activity: 3752
Merit: 1217
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January 28, 2014, 08:23:02 AM |
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In Bitlegal, the status of BTC in US is given as "Permissive". I think now it is time to change it to "HOSTILE".
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TheButterZone
Legendary
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Activity: 3038
Merit: 1032
RIP Mommy
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January 28, 2014, 08:28:59 AM |
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In Bitlegal, the status of BTC in US is given as "Permissive". I think now it is time to change it to "HOSTILE".
Indeed. Actions speak louder than bullshit at government hearings. Any bitcoiner in the U.S. is subject to prosecution at any time for numerous victimless "crimes" (of which there are so many that nobody, only ever acting in good faith, can possibly know which ones they're committing on a given day) whether they actually committed it or the government used its identity theft expertise in fabricating "evidence".
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Saying that you don't trust someone because of their behavior is completely valid.
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Wipeout2097
Sr. Member
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Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
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January 28, 2014, 10:03:49 AM |
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He went to jail because he laundered money, not because he dealt with BTC.
Nothing to see here...
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TheButterZone
Legendary
Offline
Activity: 3038
Merit: 1032
RIP Mommy
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January 28, 2014, 10:08:12 AM |
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He went to jail because he "laundered money", not because he dealt with BTC.
Nothing to see here...
ftfy
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Saying that you don't trust someone because of their behavior is completely valid.
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bored
Newbie
Offline
Activity: 16
Merit: 0
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January 28, 2014, 02:10:07 PM |
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Greed, learn from it.
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hashman
Legendary
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Activity: 1264
Merit: 1008
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January 28, 2014, 10:09:40 PM |
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Actually he is out on bail.
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Kaligulax
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January 28, 2014, 10:14:58 PM |
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The key is that prosecutors don't just have to prove that they converted dollars into bitcoins -- that would be legal. They also need to prove that Faiella and Shrem knew they were facilitating the drug trade (or at least knew they were helping with money laundering). Apparently, prosecutors believe they have the evidence to persuade a jury of this.
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1FxCUCAij9FT9fXQSqYHHMiaELhRTAhui6
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infested999 (OP)
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January 29, 2014, 02:19:53 AM |
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The key is that prosecutors don't just have to prove that they converted dollars into bitcoins -- that would be legal. They also need to prove that Faiella and Shrem knew they were facilitating the drug trade (or at least knew they were helping with money laundering). Apparently, prosecutors believe they have the evidence to persuade a jury of this.
But do you trust that a courtroom of idiots who can't even figure out how to create a Skype call will know how the Blockchain works? Take a look at this: http://www.youtube.com/watch?v=VfJ1tTGjyS0These people are supposed to be able to look at Blockchain.info and tell if someone is laundering money or not? Good luck!
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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January 29, 2014, 09:55:05 AM |
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Greed, learn from it.
This. The US government is greedy.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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bryant.coleman
Legendary
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Activity: 3752
Merit: 1217
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January 29, 2014, 10:21:23 AM |
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Greed, learn from it.
This. The US government is greedy. All the governments are greedy... including the US government.
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