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Author Topic: Who need bitcoin to launder money when you have...  (Read 4732 times)
Vycid
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June 30, 2013, 05:19:59 AM
 #41

They can always use this:



Much smaller...  Cheesy

Is it just me or does the pile of rocks resemble a troll. Notice the eyes, nose and downward smile in the top rock.

I also see teeth and a tongue

The middle rock, I see a tie.

Too much Silk Road product, friend...

MarpleTrading
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June 30, 2013, 12:43:36 PM
 #42

What's strange about 500 euro bills? We had 1000 Guilders bills before (about 450 euro). Anything above 50 euro is seldom used though and not accepted at most places besides banks. No ATM I've been to in the Netherlands has ever spit out anything above a 50 euro bill.

And the Swiss? They need to pay with 1000 CHF bills because that is the price of the average drink in the capital. (just kidding, it is really expensive though Smiley)

That is just because we are so "krenterig". In Austria I got 100 euro bill all the time.

An easy to use API for price information from the most import crypto exchanges
https://www.cryptodb.com
MarpleTrading
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June 30, 2013, 12:50:33 PM
 #43


An easy to use API for price information from the most import crypto exchanges
https://www.cryptodb.com
pedrog
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June 30, 2013, 04:40:43 PM
 #44

With bitcoin you can easily conceal the source and just run a fake hosting company or phony software dev site and cash as much drug money as you want. No way to prove you didn't sell software, plus with NDA's and corporate rights you play the system at their own game.

It's still a drop in the ocean of laundering compared to the millions in cash that cross the US border into Mexico every single day hidden in semi trucks. Here's a good pdf outlining the techniques cartels use to distract border guards with decoys while their trucks full of illegal shit sails straight through http://www.all-about-psychology.com/support-files/drug_smuggling_part_2.pdf after reading that you'll realize what a wasted effort the entire war on drugs/laundering is. It's actually laughable to think they would go after Bitcoin for laundering when there's rows of corrupt banks washing billions for the cartels just across the border.

Just watched How To Make Money Selling Drugs, great movie by the way, and they explained, again, why the US War on Drugs is just bad, racist and cruel policy, and former prime-minister of my country appeared in the movie, he was one of the main politicians here who pushed the drug consumption decriminalization, I was also part of the liberalization movement 13 years ago. Smiley

And I've seen my country being used as a good example for this kind of policies in several US documentaries, I grew up in the pre-decriminalization and 13 years after things are much better, it has been done, it works!

On the topic, for money laundering you just have to know someone at Vatican, top notch money laundering folks, like "Monsignor 500", he got that nickname because his wallet was always packed with 500 Euro bills.

http://www.ibtimes.co.uk/articles/484346/20130628/vatican-bank-nunzio-scarano-monsignor-500-switzerland.htm

molecular
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June 30, 2013, 09:18:51 PM
 #45

What's strange about 500 euro bills? We had 1000 Guilders bills before (about 450 euro). Anything above 50 euro is seldom used though and not accepted at most places besides banks. No ATM I've been to in the Netherlands has ever spit out anything above a 50 euro bill.

500€ bills are often seen at a place I sometimes eat shawarma or falafel at. The car dealers have wads of them and actually pay their shish kebap with it. I've always thought about rolling out bitcoin in such a milieu...

On another note:



PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
molecular
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June 30, 2013, 09:20:35 PM
 #46

Bitcoin would be a much better alternative to all of the above  Cool
'correct horse battery millionaire'

lmao. thanks for that!

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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