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Author Topic: We don't do it in Bitcoin!  (Read 597 times)
buwaytress
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October 18, 2020, 05:42:37 PM
 #21

Yeah best thing about Bitcoin is you don't have to transport it. And now, even with some countries having silly rules where they're allowed to check you mobile or laptop at airport, it's easy enough to hide a seed phrase or private key without it ever looking like what it really is.

The brainwallet experiment by Bitmex some days ago does prove that you should still be careful memorising phrases for Bitcoin wallets though =)

Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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October 18, 2020, 06:02:07 PM
 #22

Sure, Bitcoin is thousands times easier to "smuggle", but in the future there might be regulations where you have to declare your Bitcoin holdings, and if you try to spend your coins legally, like sending them to a new exchange in new country, or even use services that report to authorities, you will be spotted. It's not about controlling Bitcoin itself, it's about controlling the companies that deal with Bitcoin, cause they can't afford to hide it like regular people can.

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October 18, 2020, 06:29:07 PM
 #23

He is not smart at all because there is a big possibility that he can be discovered as gold can easily be detected even if you are going to put it in your rectum. And now I will just hope that he will not be facing some big problems to what he has done because I am not really familiar on what cases he will be facing after this incident.

We really can't do it to bitcoin but avoiding the taxes is pretty difficult especially if the local exchange in our country is already imposing a tax in every transaction that we are going to create but we can still avoid taxes if we really want to especially if there are some options to do so but not the same to this one that he put gold nuggets in rectum just to avoid the taxes.
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October 18, 2020, 06:32:01 PM
 #24



Lol, I just saw this news yesterday.

I wonder how the heck did he smuggle those neavy gold bars in his ass without looking like he just took the biggest shit in his life?


You'd be really noticeable when you walk around with 2 pounds of gold shove into your ass. That's very heavy and it doesn't even look like a nugget, its 3 foot long bars that if pieced together it goes out of his mouth. How did they come up with this plan.

Sure, Bitcoin is thousands times easier to "smuggle", but in the future there might be regulations where you have to declare your Bitcoin holdings, and if you try to spend your coins legally, like sending them to a new exchange in new country, or even use services that report to authorities, you will be spotted. It's not about controlling Bitcoin itself, it's about controlling the companies that deal with Bitcoin, cause they can't afford to hide it like regular people can.

Regulations are laws but still worth making legal transactions with BTC on other countries than bringing gold illegally and embarass yourself by shitting it out.

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October 18, 2020, 07:18:14 PM
 #25

You'd be really noticeable when you walk around with 2 pounds of gold shove into your ass. That's very heavy and it doesn't even look like a nugget, its 3 foot long bars that if pieced together it goes out of his mouth. How did they come up with this plan.
Lol, right.
Well, I wonder how would it feel having gold struck on your rectum. I wouldn't be surprised if the officers were able to notice it. The rectum is a very sensitive part of the body. [Pain is there for sure] You will not be able to walk with comfort feeling the pain on your lower part. [My goodness] If I were the person, --I would rather pay my taxes than being hospitalized because of a broken liver caused by the pain in the rectum.
He is not too smart to the shenanigans move!

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October 18, 2020, 08:37:05 PM
 #26

To avoid tax? That sounds strange. Normally it would be a maul working for someone else but I guess when it's gold you just cannot afford to lose it. I mean surely this person could have used one of the many other methods to accomplish what they were trying to do? Using something physical seems like going back in time.

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October 18, 2020, 08:42:49 PM
 #27

What can you say about this?

This was the first thing I've thought of:



Really though, drug smugglers do that all the time. But gold, guy was so desperate? Just pay your taxes dude.
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October 18, 2020, 08:43:46 PM
 #28

You'd be really noticeable when you walk around with 2 pounds of gold shove into your ass. That's very heavy and it doesn't even look like a nugget, its 3 foot long bars that if pieced together it goes out of his mouth. How did they come up with this plan.
Lol, right.
Well, I wonder how would it feel having gold struck on your rectum. I wouldn't be surprised if the officers were able to notice it. The rectum is a very sensitive part of the body. [Pain is there for sure] You will not be able to walk with comfort feeling the pain on your lower part. [My goodness] If I were the person, --I would rather pay my taxes than being hospitalized because of a broken liver caused by the pain in the rectum.
He is not too smart to the shenanigans move!
This is what you called desperation or doesn't have any choice on where to hide those gold for the sake of avoiding tax.By looking into those image above on how big it is then I can really
imagine that it is really painful.

Did some back read and it do mention about 18% tax? that's really too much but I would indeed pay up on tax rather than sacrificing my rectum for that.

Comparing bitcoin and gold? Of course bitcoin is digital and theres no need for it to be smuggled.Why came up into this kind of comparison.


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October 19, 2020, 07:50:38 AM
 #29

It must be alarming. Trying to smuggle gold and insert that on the rectum is kinda bothersome. That's probably how syndicates trying to get through the gold. However, yeah at significant point, we can't do that in bitcoin. And there's a lot of differences between gold and btc.

We can carry our bitcoin all the time using our phone  not worrying that they might arrest you.

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October 19, 2020, 09:58:16 AM
 #30


You'd be really noticeable when you walk around with 2 pounds of gold shove into your ass. That's very heavy and it doesn't even look like a nugget, its 3 foot long bars that if pieced together it goes out of his mouth. How did they come up with this plan.


Something similar was attempted 3 years back, but it was 2 pounds. Guess the mule had to move pretty slowly to avoid getting his/ her rectum torn Grin

Quote
The 45-year-old, headed for India, was arrested at Colombo airport on Sunday after customs officials noticed “suspicious movements,” customs spokesman Sunil Jayarathne told Reuters.

https://nypost.com/2017/09/25/guy-with-2-pounds-of-gold-in-his-butt-was-really-easy-to-spot/

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October 19, 2020, 10:32:16 AM
 #31

I never thought about what he was doing, because when someone gets on a plane and hides the gold it looks really embarrassing to me. It's very different from Bitcoin, when you want to travel you don't need to hide and store it, because Bitcoin is very easy to store and carry everywhere without fear and worry about any conditions, because Bitcoin does not display real objects like gold, Bitcoin is only digital and formless numbers but the price is very high and real.  Grin
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October 19, 2020, 10:50:59 AM
 #32

     Welp, this sure ain't something you get to see nor read everyday, lol. The only thing that I hear about on the news which include putting anything on someone's crack are those about people that put drugs, stolen items or weapons. But about that tax though. It's just too big and unfair. Although I can sympathize a bit for him, what's wrong is just wrong ni matter how you put it.

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October 19, 2020, 10:54:38 AM
 #33

Honestly, it's my first time to hear a news like this, since I thought I this is only happened in movies (some of in the movies are illegal drugs) or some happened in real but not gold.

This doesn't just happen in movies, and gold is not the strangest thing that people try to smuggle in this way, although in most cases it is still a drug. If you have access to the National Geographic TV program, there you can see documentaries (Airport Security) about the world's largest airports and what the customs service faces in passenger control.


Since when you do it on Bitcoin, you don't need some physical things to shoved in your rectum or in any of your body.

True, a private key or seed can be written down on paper and saved in a regular wallet, so any amount can be transferred without anyone finding out. However, if we use hardware wallets, we must be prepared for them to be confiscated by customs, or for us to be asked to unlock them - much as is sometimes the case with computers or smartphones. Of course, such things are still less likely because airport customs officers are not yet educated about cryptocurrencies, but if this becomes usual in the future, I believe that controls will be much stricter.

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October 19, 2020, 10:59:12 AM
 #34

Dam man, so funny replies here. This is seriously insane news I have read yet. Look at the picture of those gold strips. How the hell his a** adopted that shape man? First thing is it’s not something which can bend easily without larger force, so how did they actually put into rectum. Shit man, this might be first man to hold record for :- “Man who shits gold”. Lolz.

On the scientific side, this is gonna create crazy problems for his digestive system for sure. Don’t know how many ruptures he might have got due to this act.

Talking about the bitcoin relationship, well you just need few buttons to be clicked and insane amount of transaction can be done in any moment.

He could have just traded it for bitcoin, travel to where ever he was going and buy the gold again. Lolz.

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October 19, 2020, 11:00:11 AM
 #35

Well yes, technically we don't do that in Bitcoin since we can't do that in Bitcoin in digital form. I think the closest thing that could happen like that is when scammers or money launderers are using physical papers which have bitcoin wallet written in it then selling that paper to a client instead of using exchange.

Or It could also be a hardware wallet which is a lot more easier to stuck it up in the ass than those Golds.
If you're aware about the hardware wallet that has been sent to Jetcash before, you can actually read it here https://bitcointalk.org/index.php?topic=5260116.0 . The US customs checked the hardware wallet for a possible money laundering through the use of cryptocurrency, though they haven't found anything suspicious because that's actually a reward from the contest and It's literally empty.
So with that experience, I'm not gonna be surprised If scenarios like this will happen in the future.

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October 19, 2020, 11:25:31 AM
 #36

This is disgusting contraband. I believe that it is unlikely that a passenger will try to evade carrying merchandise introduced into the body at an airport. The authorities will always be able to detect it. In this case, the gold could not come out successfully, it is better to pay the 18% tax than to lose the gold. If we speak in monetary terms, it is better to handle Bitcoin on the other hand, gold in addition to representing value is useful for industry and business. The best thing for gold smugglers is that they pay their taxes.

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October 19, 2020, 11:41:57 AM
 #37

Paying 18% in taxes can seem unfair to many Indians who have apparently slogged it out in the gulf countries to save enough and return to their home states. The cases generally involve expats returning from gulf after working in menial jobs there.

Unfortunately, things are not as simple as that. With all the scanning and imagery available at airports these days, it is surprising that these people still dare to risk losing all of their money (against paying 18% tax) as well as risking their bodies to such extents.  For those who know Indian society, Kerala is the state which had its name maligned after several Muslim youths joined ISIS. There is a dominant Muslim population with links in the Gulf. The Gulf states have sponsored covert actions in India because of its history with Pakistan. So the investigation agencies are fully involved in several such cases as this is suspected to be terror financing.

This is the kind of stuff that also makes it difficult for the general public to accept bitcoin because it can be quickly linked to terror financing.

He should have played it cool. For sure, he attracted attention the way he was walking. If he walked like normal, he might have passed all the checkpoints.
His mistake started from not converting the gold into cryptocurrency but saying he attracted attention by the way he walks is overstatement because there's no way an individual will have 2pounds which is approximately 907.185 Grams of nugget gold in his rectum and wont walk oddly not to talk about time the gold have spent in his rectum. Mind you, if the gold are not remove from his rectum before max hours he will die.

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October 19, 2020, 04:32:46 PM
 #38

This is very unusual news, and the subject in this post really matches the content. Avoiding tax gone wrong; it just created another bigger problem.
Even if the smallest gold is inserted in someone's rectum, they can't walk normally unless their rectum is similar to the pornstar for sure they can handle these gold. Just kidding.

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October 19, 2020, 05:00:13 PM
 #39

Who tf would do that thinking no one will notice that when walking with that heavy and big gold on your ass would already look so weird? However, is it just to avoid tax, since I don't think that's enough reason to do such ridiculous things?

But yeah, with bitcoin, you don't have to carry something physically and you don't have to do weird things like what that man did. Still, this news is ridiculous and disgusting because what's the point of trying so hard to smuggle it to avoid taxes when it's obvious that he'll end up getting caught.
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October 19, 2020, 05:04:11 PM
 #40

This are some of the advantages Bitcoin have over some commodities like gold, you don't need to carry it or hide it because it's not a physical product. Also this a disadvantage because criminals can easily send money from one point to another.

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