skang
Sr. Member
Offline
Activity: 452
Merit: 252
from democracy to self-rule.
|
|
July 13, 2015, 06:45:53 PM |
|
You should be doing whatever you'd do in case of cash. If someone gives you 100Rs note which he obtained by selling drugs, do you care? But we do care if the sum is 2 lakhs. Why the inconsistency? This proves that we are not concerned about ethics but about the authority.
So, my advice would be, trade with an identifiable party, like an exchange, whom you can later trace.
Let us consider the scenario where the coins you got are actually dirty and being traced by police. You simply tell them you got it from ABC and you are safe.
With Indians there is a mentality factor too. The bigger party is always blamed. So when police investigates, if you are pointing at a petty thief, they will assume he works for you. If you point at an exchange they'll go after the exchange.
Having said it all, undocumented barter is legal in India. If you give me dirty bitcoins and I pay you in wheat, the deal is legal and untraceable.
|