Dear Drug Lord Douche bags:

[GeniuSxBoY]

You realize drug lords do more than provide drugs?


They kill people.
They're territorial.
They are corrupt.
They are not trustworthy.
They don't care about you.

They make the area they're in pretty damn miserable.

[1714137441]

1714137441

[1714137441]

1714137441

[kingbc]

Its business.

You obv. have never watched scarface.

[wumpus]

You realize drug lords do more than provide drugs?


They kill people.
They're territorial.
They are corrupt.
They are not trustworthy.
They don't care about you.

They make the area they're in pretty damn miserable.

If drugs were legalized, those problems would all simply go away. Reputable business owners could take over instead of crime lords, as it's much more competitive to run a business without having to maintain your own army...

[billyjoeallen]

Just to be clear: I think all drugs should be legalized. My contempt is for the Drug lord's incompetence.  Bitcoin would be an almost ideal tool in the drug trade, but the criminals are too stupid to use it. 

I draw a distinction between dealers who are merely unlicensed pharmacists, dealers who are functionally alternative bartenders, and pushers who are scumbags. Other douchenozzles include those who take advantage of the drug laws to defraud their customers with low quality shit.

[BitcoinPorn]

Other douchenozzles include those who take advantage of the drug laws to defraud their customers with low quality shit.

I now am reading this thread completely differently.  Sounds like a bad situation happened, yet you are happy about some outcome of this situation.  Was there something specific that motivated you to start this thread?

[Fakeman]

Just to be clear: I think all drugs should be legalized. My contempt is for the Drug lord's incompetence.  Bitcoin would be an almost ideal tool in the drug trade, but the criminals are too stupid to use it.  

Incompetence is not the word for it, I'm sure it takes brains as well as ruthlessness to stay on top when your competitors are trying to kill you. Also, how is Bitcoin an ideal tool for the drug trade in its current form, compared to say high value bills or perhaps gold? The exchange rates are all over the place and it's not especially liquid in large quantities.

[billyjoeallen]

Other douchenozzles include those who take advantage of the drug laws to defraud their customers with low quality shit.

I now am reading this thread completely differently.  Sounds like a bad situation happened, yet you are happy about some outcome of this situation.  Was there something specific that motivated you to start this thread?

Nothing specific. I don't take drugs or deal in them. I was witness (hearing, not seeing) a drug-related double homicide down the street. I hope you never have to push your children to the floor when the machine guns go off outside the window. It's not fun. Needless to say I moved out of Juarez soon after that.

[BitcoinPorn]

Nothing specific. I don't take drugs or deal in them. I was witness (hearing, not seeing) a drug-related double homicide down the street. I hope you never have to push your children to the floor when the machine guns go off outside the window. It's not fun. Needless to say I moved out of Juarez soon after that.

I hope I never have to as well, I can see where your motivations stem from, I'm sorry about that.  All I can say is direct your emotions toward paths that could help correct a wrong, but I'm sure you know that and if it was my children on the line, everyone gets it associated with whatever it would be that could possibly harm my children.

[static]

if i was a druglord douchebag i prolly wouldn't need bitcoin.

You probably would. Properly used, it enables a 100% anonymous payment method for customers with internet access.

Why do you think silkroad dealers prefer BTC?

LOL @ SILK ROAD!

those noobs aren't druglords.

that site is shit. and soon to be gone.

[billyjoeallen]

Just to be clear: I think all drugs should be legalized. My contempt is for the Drug lord's incompetence.  Bitcoin would be an almost ideal tool in the drug trade, but the criminals are too stupid to use it.  

Incompetence is not the word for it, I'm sure it takes brains as well as ruthlessness to stay on top when your competitors are trying to kill you. Also, how is Bitcoin an ideal tool for the drug trade in its current form, compared to say high value bills or perhaps gold? The exchange rates are all over the place and it's not especially liquid in large quantities.

-Who cares if you lose 20% in the exchange rates? You think that's more than they lose now?
-high value bills and gold are harder to hide and transport.
-liquidity is only an issue if you want to trade BTC for cash and that would be foolish in large quantities. Buying stuff with BTC is the way to go.

[RandyFolds]

If I am selling you an eighth of weed, I can be reasonably sure that at the time of transaction, I can exchange your 5 btc for for that day's rate of $10/btc, and at worst I am out $50 if value plummets.

If I am selling you ten pounds, the odds that I will be able to liquidate $30,000USD worth of bitcoin without affecting market values is pretty slim, not to mention that a normal day's volatility may cost me $10,000. Fuck that. There is no incentive to use BTC for big transactions.

[billyjoeallen]

If I am selling you an eighth of weed, I can be reasonably sure that at the time of transaction, I can exchange your 5 btc for for that day's rate of $10/btc, and at worst I am out $50 if value plummets.

If I am selling you ten pounds, the odds that I will be able to liquidate $30,000USD worth of bitcoin without affecting market values is pretty slim, not to mention that a normal day's volatility may cost me $10,000. Fuck that. There is no incentive to use BTC for big transactions.

Asset forfeiture will cost you 100%, even if they find no drugs.  Conventional money laundering will cost you ~40%.  $30K is not much. You need at least $10K just to get into the dark pools.

[indicasteve]

Well, help stamp out organized crime, Grow your own!  ...I still have some baggies of seeds for sale only 1BTC.  

Besides, here in Canada, the 'druglords' don't use cash to transfer equity...they just use more drugs!  ...and sometimes guns!

We send USA all our primo BC bud, and they send back coke and guns!  I don't think 'druglords' really give a crap about bitcoin imo.

[RandyFolds]

If I am selling you an eighth of weed, I can be reasonably sure that at the time of transaction, I can exchange your 5 btc for for that day's rate of $10/btc, and at worst I am out $50 if value plummets.

If I am selling you ten pounds, the odds that I will be able to liquidate $30,000USD worth of bitcoin without affecting market values is pretty slim, not to mention that a normal day's volatility may cost me $10,000. Fuck that. There is no incentive to use BTC for big transactions.

Asset forfeiture will cost you 100%, even if they find no drugs.  Conventional money laundering will cost you ~40%.  $30K is not much. You need at least $10K just to get into the dark pools.

Are you fucking joking? You watched some breaking bad and are now the expert in laundering cash?

An LLC in California costs $800 a year. If you are laundering your money at 40%, you're doing it wrong...though on the other hand, I guess you could be doing it HUUUUGE, in which case I doubt you'd be on here bragging about it.

[Jack of Diamonds]

if i was a druglord douchebag i prolly wouldn't need bitcoin.

You probably would. Properly used, it enables a 100% anonymous payment method for customers with internet access.

Why do you think silkroad dealers prefer BTC?

LOL @ SILK ROAD!

those noobs aren't druglords.

that site is shit. and soon to be gone.

How do you intend to shut down a site over TOR?

[BitcoinPorn]

How do you intend to shut down a site over TOR?

Flip the electricity switch and shut down the phone systems.    I am curious, other than something as extreme as that, what could possibly shut down TOR?

[billyjoeallen]

If I am selling you an eighth of weed, I can be reasonably sure that at the time of transaction, I can exchange your 5 btc for for that day's rate of $10/btc, and at worst I am out $50 if value plummets.

If I am selling you ten pounds, the odds that I will be able to liquidate $30,000USD worth of bitcoin without affecting market values is pretty slim, not to mention that a normal day's volatility may cost me $10,000. Fuck that. There is no incentive to use BTC for big transactions.

Asset forfeiture will cost you 100%, even if they find no drugs.  Conventional money laundering will cost you ~40%.  $30K is not much. You need at least $10K just to get into the dark pools.

Are you fucking joking? You watched some breaking bad and are now the expert in laundering cash?

An LLC in California costs $800 a year. If you are laundering your money at 40%, you're doing it wrong...though on the other hand, I guess you could be doing it HUUUUGE, in which case I doubt you'd be on here bragging about it.

Please, enlighten us with your money laundering strategy. What do you do after the $800 incorporation?

[static]

if i was a druglord douchebag i prolly wouldn't need bitcoin.

You probably would. Properly used, it enables a 100% anonymous payment method for customers with internet access.

Why do you think silkroad dealers prefer BTC?

LOL @ SILK ROAD!

those noobs aren't druglords.

that site is shit. and soon to be gone.

How do you intend to shut down a site over TOR?

all it takes is staged buyers. but fortunately for silk road's sake it's too small and amateur to interest anyone with an agenda.

like i said - it's a shit site. with shitty overpriced drugs.

[RandyFolds]

If I am selling you an eighth of weed, I can be reasonably sure that at the time of transaction, I can exchange your 5 btc for for that day's rate of $10/btc, and at worst I am out $50 if value plummets.

If I am selling you ten pounds, the odds that I will be able to liquidate $30,000USD worth of bitcoin without affecting market values is pretty slim, not to mention that a normal day's volatility may cost me $10,000. Fuck that. There is no incentive to use BTC for big transactions.

Asset forfeiture will cost you 100%, even if they find no drugs.  Conventional money laundering will cost you ~40%.  $30K is not much. You need at least $10K just to get into the dark pools.

Are you fucking joking? You watched some breaking bad and are now the expert in laundering cash?

An LLC in California costs $800 a year. If you are laundering your money at 40%, you're doing it wrong...though on the other hand, I guess you could be doing it HUUUUGE, in which case I doubt you'd be on here bragging about it.

Please, enlighten us with your money laundering strategy. What do you do after the $800 incorporation?

Run a service industry, write off overhead, pay your taxes if you aren't clever enough to avoid it, and keep good books.

But c'mon, that's child's play. Anyone with an illegitimate revenue stream owns a service of some sort. Tell us about this 'dark pool' you've been using.

[BitcoinPorn]

I have never heard that term dark pool until this thread and a search that led me to Facebook http://www.facebook.com/topic.php?uid=66762583423&topic=9510

Interesting talk, the drug lords should keep an eye on this thread and step their game up.


Edit: OOOOOhh.. the Gox dark pool, that isn't as cool.