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viagracoins (OP)
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July 09, 2011, 03:54:06 AM
 #1

Hi i am new, i am starting at this business of bitcoins...

I am starting at online pharmacy with bitcoint, what do you think? is it going to work?
best regards
Jaccubin
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July 09, 2011, 03:56:27 AM
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Are you a pharmacist? If not you should really talk to a legal advisor, dealing in pharmaceuticals is sadly heavily regulated by most governments so you might be open to litigation.
NYConsultant
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⇾ Re: Hi
July 09, 2011, 04:34:41 AM
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Are you a pharmacist? If not you should really talk to a legal advisor, dealing in pharmaceuticals is sadly heavily regulated by most governments so you might be open to litigation.


How would they stop customers from sending him funds?
MKW2012
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July 09, 2011, 04:41:35 AM
 #4

Welcome to the forum.

I'm not sure if there's an online pharmacy accepting bitcoins yet. You might be the first. Smiley
Jaccubin
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July 09, 2011, 04:55:14 AM
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Are you a pharmacist? If not you should really talk to a legal advisor, dealing in pharmaceuticals is sadly heavily regulated by most governments so you might be open to litigation.


How would they stop customers from sending him funds?

They would not, but they can sure as hell clamp down on some dude aquiring and sending out prescription medication in large quantities to unknown recipients, much easier so if he is not a pharmacist/doctor.
NYConsultant
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July 09, 2011, 06:19:31 AM
 #6

Are you a pharmacist? If not you should really talk to a legal advisor, dealing in pharmaceuticals is sadly heavily regulated by most governments so you might be open to litigation.


How would they stop customers from sending him funds?

They would not, but they can sure as hell clamp down on some dude aquiring and sending out prescription medication in large quantities to unknown recipients, much easier so if he is not a pharmacist/doctor.

"They" meaning who?

Big pharma has a way of distributing cheap drugs to third world countries who have large black markets for selling these goods locally.  Bitcoin + anonymous networks like Tor would allow these local markets to go international (not that I would condone or approve of such a thing.)
Jaccubin
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July 09, 2011, 06:22:33 AM
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"They" meaning who?

Big pharma has a way of distributing cheap drugs to third world countries who have large black markets for selling these goods locally.  Bitcoin + anonymous networks like Tor would allow these local markets to go international (not that I would condone or approve of such a thing.)

The regulatory body in the applicable legal sphere.

Sure you can distribute medicines anonymously and get payments anonymously. Yes big pharma does shady shit but they have elite laywers on retainers fighting lawsuits constantly. And they make the drugs. Where are you going to get them from anonymously, if you aren't making them?

Plus if the dude was not aiming at distributing counterfeit male performance drugs (which are extremely dangerous) he could have done better than to chose a name like "viagracoins".
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