Boycott Avalon, your identity is not safe with these people

[Carlton Banks]

http://www.forbes.com/sites/kashmirhill/2013/11/13/sanitizing-bitcoin-coin-validation/

“Essentially, we’ve been working with regulators for a structured approach for Bitcoin customers to be compliant,” says Waters. “We set up an API to work with their systems and we supply reporting tools they need for their databases. Which bitcoin addresses belong to a person? That’s the problem we’re solving.”


"One business is already committed: Guo’s Bitcoin mining equipment maker, Avalon"


Fuck Yifu Guo, fuck his chi and his trust rating. And I suggest to you all, please fuck his business.

[1714170167]

1714170167

[1714170167]

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[ElGabo]

WTF??

This is just a joke...     

[rammy2k2]

im glad i didnt bought from them ... middle finger for Avalon !

[aTg]

It can not be true ... I think ngzhang should disassociate themselves from this guy and publish freely SGII designs of 110nm and 55nm chips for the community, as consideration for the betrayal of his partner.

[Carlton Banks]

My current stance is to refuse all use of greenlist addresses in Yifu's scheme.

• Business requires them? I will spend fiat if I have to. What's the difference?
• Sending me funds? Don't do it from a greenlist address

Blacklist the greenlist.

[Carlton Banks]

Additionally

All p2pool nodes should be configured to reject transactions involving greenlisted addresses. All centralised mining pools should be encouraged to do likewise.

[GodfatherBond]

Additionally

All p2pool nodes should be configured to reject transactions involving greenlisted addresses. All centralised mining pools should be encouraged to do likewise.

+10 X 1000

[SebastianJu]

Heres more about this: https://bitcointalk.org/index.php?topic=333824

@Yifu... so you put me in a database without my consent? Bad coins, good coins? WTF... Im sure everyone has a couple satoshis that were stolen by a scam by now. Its like writing on your Euros or US-Dollar Notes that it was once used by a scammer and a dollar is less worth than a dollar now. So stupid.

[Rakessh]

Heres more about this: https://bitcointalk.org/index.php?topic=333824

@Yifu... so you put me in a database without my consent? Bad coins, good coins? WTF... Im sure everyone has a couple satoshis that were stolen by a scam by now. Its like writing on your Euros or US-Dollar Notes that it was once used by a scammer and a dollar is less worth than a dollar now. So stupid.

If they can't confiscate it, they can make it worthless.

It's the goverments way of taking control back of money.  We must never surrender bitcoin to them!

[SebastianJu]

Heres more about this: https://bitcointalk.org/index.php?topic=333824

@Yifu... so you put me in a database without my consent? Bad coins, good coins? WTF... Im sure everyone has a couple satoshis that were stolen by a scam by now. Its like writing on your Euros or US-Dollar Notes that it was once used by a scammer and a dollar is less worth than a dollar now. So stupid.

If they can't confiscate it, they can make it worthless.

It's the goverments way of taking control back of money.  We must never surrender bitcoin to them!

The stupidiest part of it is that at the time when the coins are marked stolen... they already are long owned by others. So no one other than innocent people will suffer.

[Carlton Banks]

Heres more about this: https://bitcointalk.org/index.php?topic=333824

@Yifu... so you put me in a database without my consent? Bad coins, good coins? WTF... Im sure everyone has a couple satoshis that were stolen by a scam by now. Its like writing on your Euros or US-Dollar Notes that it was once used by a scammer and a dollar is less worth than a dollar now. So stupid.

If they can't confiscate it, they can make it worthless.

It's the goverments way of taking control back of money.  We must never surrender bitcoin to them!

The stupidiest part of it is that at the time when the coins are marked stolen... they already are long owned by others. So no one other than innocent people will suffer.

It's worse.... the guilty may never suffer.

Coins that are the proceeds of crimes become hot property. If you're the one left holding them when they get identified, you could lose the money (or people will refuse to accept it, send it to the confiscation authorities, then demand payment with untainted coins). But everyone who might have spent the coins before they become yours (including the original criminal) get to keep whatever they spent them on, the effect is to ruin Bitcoin's usefulness as money ("fungibility" is what this particular property is referred to).

People might feel the jutification to black/red list Avalon payment addresses, they did after all break their delivery contract, using all sorts of feeble excuses, leaving ample evidence on their miners to prove they had been mining with the machines themselves while the delivery was being delayed. They could add the addresses Avalon used to mine with at Eligius as well.

[SebastianJu]

Heres more about this: https://bitcointalk.org/index.php?topic=333824

@Yifu... so you put me in a database without my consent? Bad coins, good coins? WTF... Im sure everyone has a couple satoshis that were stolen by a scam by now. Its like writing on your Euros or US-Dollar Notes that it was once used by a scammer and a dollar is less worth than a dollar now. So stupid.

If they can't confiscate it, they can make it worthless.

It's the goverments way of taking control back of money.  We must never surrender bitcoin to them!

The stupidiest part of it is that at the time when the coins are marked stolen... they already are long owned by others. So no one other than innocent people will suffer.

It's worse.... the guilty may never suffer.

Coins that are the proceeds of crimes become hot property. If you're the one left holding them when they get identified, you could lose the money (or people will refuse to accept it, send it to the confiscation authorities, then demand payment with untainted coins). But everyone who might have spent the coins before they become yours (including the original criminal) get to keep whatever they spent them on, the effect is to ruin Bitcoin's usefulness as money ("fungibility" is what this particular property is referred to).

People might feel the jutification to black/red list Avalon payment addresses, they did after all break their delivery contract, using all sorts of feeble excuses, leaving ample evidence on their miners to prove they had been mining with the machines themselves while the delivery was being delayed. They could add the addresses Avalon used to mine with at Eligius as well.

I believe i have read they will paint tainted coins white again for a fee in exchange for your private details to proof you arent the scammer.

[dbasql]

My answer is:

Stupid stupid stupid mother fuckers..

The correct answer is at the bottom of the page quote:

"But it’s clever to let old fashionned financial services think they can come securely to bitcoin, then making big benefit off the predicable bubble banksters will trig…
You can be sure that bitcoin will desappear as soon as such a regulation will come, there is already some alternative crypto-currencies waiting for this to happen.
Here is how you banksters have already been fooled, bitcoin get is value from its own properties, not from what your speculative mind decide, and bitcoin – like a witch promise – will desapear as soon as you will pretend to get it, to reborn in a land you don’t mind it could exist…"

[Carlton Banks]

I believe i have read they will paint tainted coins white again for a fee in exchange for your private details to proof you arent the scammer.

PERVERSE INCENTIVE OVERLOAD.

These rainbow listings agencies can fabricate evidence to claim coins are crime-tainted, then when you pay them to prove that you're not the scammer, the real scammer gets to take their cut of your money.

Fuck this redlisting, blacklisting crap. They should not be able to do this, I'm not being held up by some legitimised mugging authority.