Bitcoin Forum
September 12, 2024, 03:14:06 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why bitcoin will not end like liberty reserve  (Read 1007 times)
bitbitcoins (OP)
Full Member
***
Offline Offline

Activity: 238
Merit: 100


bitbitcoins.com


View Profile WWW
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

wolverine.ks
Sr. Member
****
Offline Offline

Activity: 375
Merit: 250



View Profile
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
Legendary
*
Offline Offline

Activity: 1512
Merit: 1049


Death to enemies!


View Profile
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
Hero Member
*****
Offline Offline

Activity: 661
Merit: 502



View Profile WWW
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
Legendary
*
Offline Offline

Activity: 905
Merit: 1000



View Profile
May 30, 2013, 04:40:27 AM
 #5


and somehow claim legitimacy of that round up at the same time?

Global Warming
CanadianGuy
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
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
Hero Member
*****
Offline Offline

Activity: 661
Merit: 502



View Profile WWW
May 30, 2013, 09:49:40 AM
 #7

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.

[AUTOBUY] [CHEAP] $2 Account Shop -> https://bitcointalk.org/index.php?topic=4611147
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!