FBI Admits To Engaging In Infiltration, etc in Competing Currencies

[EskimoBob]

Bitcoin: FBI Admits To Engaging In Infiltration, Disruption and Dismantling of Competing Currencies

In a March 18, 2011 press release regarding the Liberty Dollar case, the FBI admitted to waging a secret war against any private currency system that competes against the US Dollar.  In the press release, the FBI equates the use of sound money to an act of domestic terrorism.  The FBI states that it uses methods of infiltration and disruption against private citizens engaged in the use of voluntary currencies.

The FBI writes:

“Attempts to undermine the legitimate currency of this country [ie. unconstitutional Federal Reserve notes] are simply a unique form of domestic terrorism,” U.S. Attorney Tompkins said in announcing the verdict. “While these forms of anti-government activities do not involve violence [ie. they are voluntary systems with no victim], they are every bit as insidious and represent a clear and present danger to the economic stability of this country [ie. their widespread adoption may collapse the corrupt banking system],” she added. “We are determined to meet these threats through infiltration, disruption, and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.” [ie. we will engage in acts of domestic terrorism to prevent the voluntary trade of private property.]

I think this open admission by the FBI that it engages in acts of domestic terrorism against private currency systems bears a particular importance for users of the Bitcoin monetary system.  If we look at the history of Bitcoin since it gained notoriety, we see a slew of hacking attacks against major exchanges that have indeed disrupted and undermined the currency system.

Fr more: go to: http://www.libertariannews.org/2011/08/30/bitcoin-fbi-admits-to-engaging-in-infiltration-disruption-and-dismantling-of-competing-currencies/

PS! Please read TFA before you panic or comment

[BitcoinPorn]

That was from March.  What are they up to now?

Or how it was written, are they not just part of the development team or having close ties to maybe the exchanges since day one?

[EskimoBob]

BitcoinPorn, coming from a porn peddler like you -  nice "art" Keep wearing that hat.

If those guys are so scared it can only mean one thing - *coin has way more potential than any of us has ever imagined.  And this is actually a good news.

[speeder]

Where you US ditchers went?

[Piper67]

Where you US ditchers went?

 

I for one used to think we don't belong here (in military) but my girlfriend's parents might never have been born otherwise so who knows.

I'll give you the benefit of the doubt on this one, but let me just say that without Hitler I would not have been born. It still doesn't make him a good idea. 

[fcmatt]

The main mistake Liberty dollars made was to use the word "dollar" on their coins.
You cannot go around minting coins that could be confused with federal coins. And then
for people to start taking them into stores and wanting store owners to accept them was
just looking for a raid and seizure.

That is why Danial Carr, the creater of the Amero and with a better understanding of laws around
coins/currency, called it the Amero. You will notice there is not a single thing on the coin which would
be able to easily confuse it with a federal coin.

[hugolp]

The main mistake Liberty dollars made was to use the word "dollar" on their coins.
You cannot go around minting coins that could be confused with federal coins. And then
for people to start taking them into stores and wanting store owners to accept them was
just looking for a raid and seizure.

I guess the USA should invade Canada and Australia for using the word dollar as well.

[Piper67]

The main mistake Liberty dollars made was to use the word "dollar" on their coins.
You cannot go around minting coins that could be confused with federal coins. And then
for people to start taking them into stores and wanting store owners to accept them was
just looking for a raid and seizure.

I guess the USA should invade Canada and Australia for using the word dollar as well.

The US will never invade Canada. They wouldn't want another 40 million Democrats! 

[Gabi]

Remember, Bitcoin is NOT an USA thing, so good luck for FBI to fight it.

[fcmatt]

The main mistake Liberty dollars made was to use the word "dollar" on their coins.
You cannot go around minting coins that could be confused with federal coins. And then
for people to start taking them into stores and wanting store owners to accept them was
just looking for a raid and seizure.

I guess the USA should invade Canada and Australia for using the word dollar as well.

Why? Their coins clearly have the country's name that minted them right on the coin and
the USA has a long history of using other country's coins when it was necessary. As you
well know Canada's coins spend freely here in the USA but no store owner has to accept them.
He has the right to refuse them if he/she wishes. But no one does because people do not walk
into the store with 100 dollars with of Canadian quarters to buy goods/services.

The whole Liberty Dollar thing is pretty clear. They broke laws that have been on the books for
decades and could have avoided it very easily.

Please see the pcgs.com collector forums, US Coins, for more information or questions. You will find
top experts in numismatics as well as coin law geeks that can iron out any concerns. You can also
talk to Daniel Carr about his Ameros and how the tin foil hat crowd picked up on it. Amazing how much
publicity he got from that and the amount of misinformation on the net about it.

[Colargol]

I guess the USA should invade Canada and Australia for using the word dollar as well.

The US will never invade Canada. They wouldn't want another 40 million Democrats! 

Did you not notice the neo-con Prime Minister we recently elected with a majority?
( in some ways makes his buddy George W. Bush seem liberal minded )

With clowns like that leading us The US doesn't need to invade.


"And when I say jump you're only question should be 'how high'!"

"Yessir, anything you say sir."

[Piper67]

I guess the USA should invade Canada and Australia for using the word dollar as well.

The US will never invade Canada. They wouldn't want another 40 million Democrats! 

Did you not notice the neo-con Prime Minister we recently elected with a majority?
( in some ways makes his buddy George W. Bush seem liberal minded )

With clowns like that leading us The US doesn't need to invade.


"And when I say jump you're only question should be 'how high'!"

"Yessir, anything you say sir."

Do you really need a lesson in the differences between a Parliamentary monarchy and a republic? Harper won a majority government with a ridiculous MINORITY of the votes. Oh, and go ask Canadian conservatives if they want to do away with health care, deregulate and invade foreign countries, the way neo-cons do? They'll look at you like you have two heads.

Do you have two heads? 

[Colargol]

Do you really need a lesson in the differences between a Parliamentary monarchy and a republic? Harper won a majority government with a ridiculous MINORITY of the votes.

I know how that works all too well living in the province I do.

Oh, and go ask Canadian conservatives if they want to do away with health care, deregulate and invade foreign countries, the way neo-cons do? They'll look at you like you have two heads.

With King Harper in power, with a majority, it doesn't much matter what the people want, Conservative or other wise.  I won't derail this thread anymore with an issue by issue debate on Canadian politics but I thank god that Straussian* wasn't in power when dubya tried to get us to join him in Iraq.  


*edit/ and also this one from the other side of the country: Harper, Bush Share Roots in Controversial Philosophy

[Piper67]

Do you really need a lesson in the differences between a Parliamentary monarchy and a republic? Harper won a majority government with a ridiculous MINORITY of the votes.

I know how that works all too well living in the province I do.

Oh, and go ask Canadian conservatives if they want to do away with health care, deregulate and invade foreign countries, the way neo-cons do? They'll look at you like you have two heads.

With King Harper in power, with a majority, it doesn't much matter what the people want, Conservative or other wise.  I won't derail this thread anymore with an issue by issue debate on Canadian politics but I thank god that Straussian* wasn't in power when dubya tried to get us to join him in Iraq.  


*edit/ and also this one from the other side of the country: Harper, Bush Share Roots in Controversial Philosophy

I agree with you that we dodged a massive bullet, Harper and Dubya at the same time would have been a perfect storm of unintelligence. Nevertheless, let's give Canada a tiny bit of credit. Even Harper is pretty subtle in the ways in which he's trying to undermine us from within... it might change when some of our Supreme Court judges have to retire.

But you're right, let's not derail this thread. My bad for making assumptions. I apologise.

PS: By the way, you do know that technically, only a majority of the constituents in just one riding voted for Stephen Harper, right? I mean, he's not a president, just one more MP with a little bit more clout than the rest... 

[Colargol]

I agree with you that we dodged a massive bullet, Harper and Dubya at the same time would have been a perfect storm of unintelligence. Nevertheless, let's give Canada a tiny bit of credit. Even Harper is pretty subtle in the ways in which he's trying to undermine us from within... it might change when some of our Supreme Court judges have to retire.

From that last article I edited in:
Movement towards the goal must be "incremental," he said, so the public won't be spooked.

But you're right, let's not derail this thread. My bad for making assumptions. I apologise.

No problem.

PS: By the way, you do know that technically, only a majority of the constituents in just one riding voted for Stephen Harper, right? I mean, he's not a president, just one more MP with a little bit more clout than the rest...  

Yup. The disturbing thing is that it seems he has more than a little bit of clout, with the way he will have no dissent whatsoever in 'his' caucus ( note the treatment of Garth Turner for just one example ), the careful handling - 'stick to the message!' - of what any of his MP's have to say... the non-transparency and non-accountability...  etc. etc.

Anyway, moving on...

[EskimoBob]

OMFG! Really? Please, tell me all about your garden gnomes too.

[bitrebel]

Bernard made a HUGE critical error. By using the term "Dollar" it made the coins too similar to US currency. I agree the FBI went too far, and outside their jurisdiction, but it's more of a wobbler and a grey area, since he used the "Dollar" term. Had he not done that, they would still be around, I think. All other alternative currencies are being left alone. There are hundreds of local "scrips" all over the country, and no government agency seems to care much.

[BGL]

"Federal prosecutors successfully argued that von NotHaus was, in fact, trying to pass off the silver coins as U.S. currency. Coming in denominations of 5, 10, 20, and 50, the Liberty Dollars also featured a dollar sign, the word "dollar" and the motto "Trust in God," similar to the "In God We Trust" that appears on U.S. coins"

http://en.wikipedia.org/wiki/Liberty_Dollar

Not that wiki is the end all in reliable sources but it doesn't seem there's too much question here.

[bitrebel]

"Federal prosecutors successfully argued that von NotHaus was, in fact, trying to pass off the silver coins as U.S. currency. Coming in denominations of 5, 10, 20, and 50, the Liberty Dollars also featured a dollar sign, the word "dollar" and the motto "Trust in God," similar to the "In God We Trust" that appears on U.S. coins"

http://en.wikipedia.org/wiki/Liberty_Dollar

Not that wiki is the end all in reliable sources but it doesn't seem there's too much question here.

It's the sign and the dollar that are the main problem. Anyone can place God we Trust or whatever on it. The Dollar is the US corporate currency created by the private international banksters.

[Herodes]

Where you US ditchers went?

South Korea here. Great launching pad for a westernized, watered down version of hard core ancient and closed minded Asian ideals and customs (lots of US influence here). From here it only gets more hard core though. Korea is pretty much America's pet project at the moment, and the people who don't live in denial of that fact on a daily basis aren't too happy about it.

I for one used to think we don't belong here (in military) but my girlfriend's parents might never have been born otherwise so who knows.

Note to trolls who think I'm racist: learn Korean and read their daily news. They absolutely despise their president for being so chummy with Obama. Once you're fluent in Korean like I am, it's hard to not pick this up. I hope somehow the work I do in education, Bitcoin or whatever can help a few if not the whole country a bit. So many wonderful people here that feel trapped and tortured (most students) in a painfully redundant and self destructive social pattern. But hey, that's the good old US of A too, no? -_-;;

After seeing a documentary about how life's in North Korea, I can't phantom how anyone living in South Korea can complain about anything!