Dear Drug Lord Douche bags:

[Jack of Diamonds]

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.

I'm sure law enforcement & the DEA didn't think that idea up, at least after a few senators called for the site to be 'shut down'.
http://www.reuters.com/article/2011/06/08/us-financial-bitcoins-idUSTRE7573T320110608

What good can undercover ops do when all drops are made via mail using prepaid 'postage paid' envelopes?

Simply put: It's impossible to trace them. The origin of those letters can't be determined in any possible way. They are vacuum packed as well so dogs wont know what's inside either.

[1713547097]

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[Shortline]

Hi, just popping in to say this thread and pretty much every post in it is fucking absolutely retarded.

Fuck all y'all. We had a good, interesting thread about Silk Road and mods just up-and-deleted it, so what's the point?

[billyjoeallen]

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.

https://mtgox.com/support/darkPool
MtGox increased the amount needed to participate from $1,000 to $10,000. They may have changed the limit again. I haven't bought in those quantities for a while.

I assume you mean run a business in a service industry. Running an entire industry may be problematic.
Corporate tax is ~35%. Revenue used for overhead may be untaxed when written off, but that doesn't mean overhead is free. It's just effectively 35% off.  It's not unreasonable to estimate capital expenditures, expenses and taxes to run 40%.  

[terroh8er]

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.

I'm sure law enforcement & the DEA didn't think that idea up, at least after a few senators called for the site to be 'shut down'.
http://www.reuters.com/article/2011/06/08/us-financial-bitcoins-idUSTRE7573T320110608

What good can undercover ops do when all drops are made via mail using prepaid 'postage paid' envelopes?

Simply put: It's impossible to trace them. The origin of those letters can't be determined in any possible way. They are vacuum packed as well so dogs wont know what's inside either.

Mythbusters says dogs can still smell vacuum sealed drugs. I dunno.

It wouldn't be hard for the DEA to put a vendor on one of those sites. An 18 year old college kid could do it. That's means it would only take 50 full-time DEA agents.

[static]

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.

I'm sure law enforcement & the DEA didn't think that idea up, at least after a few senators called for the site to be 'shut down'.
http://www.reuters.com/article/2011/06/08/us-financial-bitcoins-idUSTRE7573T320110608

What good can undercover ops do when all drops are made via mail using prepaid 'postage paid' envelopes?

Simply put: It's impossible to trace them. The origin of those letters can't be determined in any possible way. They are vacuum packed as well so dogs wont know what's inside either.

so much fail here...

dogs can smell through that shit, dood....

anyway, im done with this special olympian thread.

[LightRider]

You realize governments do more than provide drug lords guns?


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.

[GeniuSxBoY]

governments go into debt.
drug dealers go into profit.

[LightRider]

governments go into debt.
drug dealers go into profit.

And neither party is better off.

[Elwar]

Are you talking about Pfizer CEOs or their accountants? I agree that the drug companies should use bitcoins. Walgreens could always start accepting them.

Oh, you mean the drug lords of illegal drugs?

They do bad things to people? Like what? Are there laws against those bad things? Why do people not just call the police when they do those bad things?

Oh yes, that is right. They are doing something illegal so they cannot call the police.

Can you imagine the law suits against drug lords if drugs were legal?

Do you see the gang warfare in Colorado and California between medical marijuana facilities?

[dank]

But if drugs are legal, where will we waste $40 billion dollars annually!?  Private prisons wouldn't be happy, nor Big Pharma, better keep them illegal so we can keep increasing our prison population at taxpayer's expense.

[RandyFolds]

Do you see the gang warfare in Colorado and California between medical marijuana facilities?

You see the worst gang of them all, the DEA, waging war...but it's not helping. I live less than two miles from 11 - yes, eleven - dispensaries. The only thing being waged between them is a price war, which is great for the consumer.

so much fail here...

dogs can smell through that shit, dood....

anyway, im done with this special olympian thread.

No dog has ever smelled LSD, and most LEA have never seen it. Same goes for fungus. There are plenty of ways to ship drugs without odor being an issue. We are not talking about zip lock baggies here, fella.

[Anonymous]

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.

Id prefer to live next to a drug lord than a cop station.
You know they wont shit in their own back yard and usually they are excellent neighbours.

[dinzy]

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.

I'm sure law enforcement & the DEA didn't think that idea up, at least after a few senators called for the site to be 'shut down'.
http://www.reuters.com/article/2011/06/08/us-financial-bitcoins-idUSTRE7573T320110608

What good can undercover ops do when all drops are made via mail using prepaid 'postage paid' envelopes?

Simply put: It's impossible to trace them. The origin of those letters can't be determined in any possible way. They are vacuum packed as well so dogs wont know what's inside either.

so much fail here...

dogs can smell through that shit, dood....

anyway, im done with this special olympian thread.

Dogs cannot smell shit that is inside a doubly vacuum sealed bag if it's done right.  And how the fuck is the post office or US gvt going to be able to afford drug sniffing dogs at every major mail hub because that is what it would take to have random inspection actually find something. 

At least you went out of this thread giving it an extra special try.

[rainingbitcoins]

Cartels laundered $378 billion through Wachovia banks:

http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs


I'd love to see the OP's step-by-step primer on how to launder nearly 400 billion dollars through Bitcoins on the Magic the Gathering Online eXchange.

[Jack of Diamonds]

Cartels laundered $378 billion through Wachovia banks:

http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs


I'd love to see the OP's step-by-step primer on how to launder nearly 400 billion dollars through Bitcoins on the Magic the Gathering Online eXchange.

Wells Fargo/Wachovia = have your operations shut down when the gov. intercepts suspicious bank transfers

Bitcoin = find other exchanger or sell in private, methods exist to use 100% anonymous, untainted coins

(p.s. the Bitcoin 'market cap' isn't near those levels yet, it's only been out for 2 years; The dollar has existed for hundreds of years)

[kloinko1n]

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.

All of that applies even more to your government.

Time to move this thread to 'politics'

[opticbit]

I love drugs

"I love drugs,
particularly if they're for me" - G. W. Bush

Fixed it.
(taken out of context on some youtube spoof)

[rebuilder]

I don't think the Bitcoin economy is anywhere near large enough to sustain serious money laundering. Any operation worth considering would end up being many times the size of the rest of the economy. That's not what you want if you're looking to launder money.

[rainingbitcoins]

it's only been out for 2 years; The dollar has existed for hundreds of years)

Okay then well I'll let the Drug Lord Douche Bags know that they should do the smart thing and hide their money in a mattress (or maybe a mattress factory considering how much space a third of a trillion dollars in cash would take up) for several years until Bitcoins maybe possibly become viable for their purposes.

[stergium]

Dear Drug Lord Douche Bags:

Isn't in funny when your payments get intercepted by law enforcement? Isn't it hilarious when your own couriers abscond with your cash? It must be difficult to guard all your loot- I mean after all there is only so much cash you can stuff up your ass in a condom.

You can build submarines, but you're too stupid to understand Bitcoin.  Hiding, storing and transferring money discretely and securely apparently is beyond your capabilities. You must be much more skilled at manufacturing poison and chopping off heads. 

Thank you for not polluting our community with your presence. Know this: We, a bunch of nerds, could do your job almost effortlessly.  The only reason we don't is because we are not parasites and because it's so entertaining to watch you fail.

Sincerely,
Bitcoin Nation

that could be the most stupid display of what bitcoin is able to do. even to a crowd that we (certaintly not i) dont want to attract .
fun facts.. "drug lord douche bags" can hire/rent/"own" a "nerd" to do their work if they needed to.
i really do not understand what was on your mind when you started this post..