We are all crooks

[Blinken]

In the world of ugly hypotheticals, I now bring to your attention the next attack by Team America World Police: we are all crooks.

Because all bitcoin transactions are known and public every bitcoin will eventually pass through "criminal hands" and this will be, to an extent detectable.

For example, let's say drug lord "50-btcs" transfers around some of his millions in bitcoins. The FBI, by tracing sales of bitcoins for cash or by seizing the guy's harddrive or whatever, identifies transactions involving those bitcoins. Well, now according to the United Police States of America those are "proceeds of criminal activity", so the unlucky current holder of those bitcoins could be getting free trip to one of our spanking new supermax Federal concentration camps.

Of course, this happens currently with plain old cash. Pretty much every 100-dollar bill you ever had passed through some drug dealer's hands at some point, the only difference was that nobody could prove it in a court of law.

Now, with bitcoins, they can and they will (maybe?) 

[greyhawk]

Hope they don't find the cocaine on your bank notes.

Protip: There's cocaine on your bank notes.

[wtfvanity]

Hmm I might have to take a break from reading the forums. All time highs bring out all time idiots.

[DeathAndTaxes]

Don't give up your day job because your understanding of "criminal proceeds" is flawed.

[cypherdoc]

you're an idiot.

[Blazr]

you're an idiot.

+9001

Let me put it this way, if a drug dealer gives you a million dollars of drug money as a birthday present, that can't be seized as proceeds of crime even if it can be proven the money was drug money and that it was given to you. Only assets the drug dealer is currently in possession of can, and that's still pretty iffy.

[RodeoX]

We are all crooks. But surely your not implying that rich people be treated like common drug dealers?

http://www.rollingstone.com/politics/blogs/taibblog/outrageous-hsbc-settlement-proves-the-drug-war-is-a-joke-20121213

[Kettenmonster]

you're an idiot.

+9001

Let me put it this way, if a drug dealer gives you a million dollars of drug money as a birthday present, that can't be seized as proceeds of crime even if it can be proven the money was drug money and that it was given to you. Only assets the drug dealer is currently in possession of can, and that's still pretty iffy.

If I got this right, than you are all wrong!
Him ayn't an idiot, him is a crook, also known as a shepherd's staff.