2012-05-10 webpronews.com Bitcoins Are on FBI's Radar according to Leaked Report

[julz]

Bitcoins Are on FBI’s Radar According to Leaked Report
Alternately, the report also gives Bitcoin users ideas for staying anonymous.

Drew Bowling
2012-05-10


http://www.webpronews.com/bitcoins-are-on-fbis-radar-according-to-leaked-report-2012-05

Wired has obtained a new report from the FBI that details the agency’s growing concern that Bitcoins will become an attractive currency for those looking to dabble in some illicit activities without (hopefully) getting caught.
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[SgtSpike]

Oooh, wired has obtained the report from the FBI now, eh?   

[julz]

heheh.. while I lean towards the leak being genuine, with the amount of media coverage this got - it'd be bloody epic if it turned out not to be!

Interesting indeed to see how many media outlets have picked this up with no apparent investigation into the source.

[SgtSpike]

I guess they all trust wired to be on top of their sources.

[hazek]

It really is disgusting how they're trying to shape a negative perception about Bitcoin. So many other articles, positive articles that we had in the recent two months and none got just c/ped all over the outlets but of course once there's something extremely negative, it almost like by magic gets spread everywhere.  

[PawShaker]

This is just human nature that bad news travel fast. Something is twisted in human psyche, that we get satisfaction from pointing out wrongs in other people character.

We can use this twist to our advantage. In discussions so far consensus was that we should concentrate on contrast between bank services like credit card and swift money transfer (which cost 2.5% and $40 respectively) and BitCoin payments. On top of that costs of trading fiat money in banks is about 5%. In contrast in BitCoin exchange it is 1-2% (0.6% to buy bitcoins + 0.5% buy-sell spread + 0.6% to sell bitcoins). Just fiat transfers to and from exchange are eating away all profits.

PS: $40 for swift is composed of two fees: $30 for sending and $10 for receiving.

[Raoul Duke]

They already have more bad news now, with bitcoinica losing 18K BTC more lol

[PawShaker]

Banks get robbed almost every day. However, they have also positive press like this:

2 arrested after Fairfax bank robbery
http://www.delawareonline.com/article/20120511/NEWS/305110034/2-arrested-after-Fairfax-bank-robbery?odyssey=tab|topnews|text|Home