Bitcoins and Liberty Reserve

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  • Pornopat
    AdultTubeSubmits.com
    • Dec 2003
    • 10598
    #16
    Originally posted by adultmobile
    Old thread:
    http://gfy.com/showthread.php?t=1110780
    The article I linked to was published today.
    https://stripcash.com/sign-up/?userI...fff832eb95ab6a

      Comment

      • pimpmaster9000
        Too lazy to set a custom title
        • Dec 2011
        • 26732
        #17
        Originally posted by dyna mo
        peeps have said the same shit re: social networks.

        that's exactly what myspace thought....that's exactly what collegeclub thought, etc.
        all the mentioned e-currencies had major exchangers in non us countries...

        they were depending heavily on not being US based...

        all of them got shut down everywhere on the same day...
        Report a suspicious cracker: Click Here

          Comment

          • dyna mo
            just a fucking jerk
            • Dec 2008
            • 68184
            #18
            Originally posted by crucifissio
            all the mentioned e-currencies had major exchangers in non us countries...

            they were depending heavily on not being US based...

            all of them got shut down everywhere on the same day...
            that's not what i'm saying.

            i'm saying none of that matters.

              Comment

              • BlackCrayon
                Too lazy to set a custom title
                • Jun 2003
                • 19634
                #19
                Originally posted by dyna mo
                umm, i've never hated on canadians and am not doing so here.

                if you care to peruse the thread, you will see that i posted that canada is a safe haven for bitcoin exchanges prior to the post that bitcoins are kaput by a canadian.

                get it now?
                they are clamping down a bit now. you used to be able to buy bitcoins 'anonymously' by walking into a bank and depositing cash into their account. they stopped allowing this and now require all kinds of documents. too bad. you can be damn sure a good number of canadians using bitcoins are going to get audited. they did the same thing with big users of epass.
                you don't know you're wearing a leash if you sit by the peg all day..

                  Comment

                  • lyno
                    Confirmed User
                    • May 2003
                    • 474
                    #20
                    Neophobia combined with stockholm syndrome must be a awful condition.

                      Comment

                      • Paul
                        Confirmed User
                        • Nov 2002
                        • 2637
                        #21
                        Originally posted by crucifissio
                        thats EXACTLY what e-gold, 1mdc, liberty reserve, evocash, and to a certain degree, webmoney thought...
                        Apart from Webmoney (Russian) the other companies you have listed where either operating out of the US in some way or had incorporated their company in some tiny island or small country that was easy for the US to pressurise into closing them down.

                        Adult King posted this the other day concerning Liberty Reserves

                        Originally posted by AdultKing
                        They made no effort to enforce KYC regulations, on the contrary they went to significant lengths to ensure that they had as little information as possible about the nature of what their customers were doing.

                        Furthermore they created a fake set of accounts accessible to the Costa Rican authorities on the Liberty Reserve platform to attempt to get around financial tracking requirements.
                        Going forward I don't see the US being able to pressure or bully countries like Russia & China into closing down Bitcoin exchanges IF Russia & China are willing to let Bitcoin flourish.

                        Originally posted by _Richard_
                        ripple is the company to watch.. lol.
                        Considering Google Ventures are investing in it, it could have an interesting future

                          Comment

                          • - Jesus Christ -
                            Confirmed User
                            • Mar 2003
                            • 7197
                            #22
                            Originally posted by lyno
                            Neophobia combined with stockholm syndrome must be a awful condition.
                            They aren't even consciously aware of it. For them it probably feels just fine.

                            Amen

                              Comment

                              • mardigras
                                Bon temps!
                                • Feb 2003
                                • 14194
                                #23
                                Originally posted by _Richard_
                                ripple is the company to watch.. lol.

                                .

                                  Comment

                                  • DWB
                                    Registered User
                                    • Jul 2003
                                    • 31779
                                    #24
                                    Originally posted by Paul

                                    Going forward I don't see the US being able to pressure or bully countries like Russia & China into closing down Bitcoin exchanges IF Russia & China are willing to let Bitcoin flourish.
                                    In China you can only use BTC (or any virtual currency) for online purchases, like video games, memberships, and so on. Their current law forbids cyber currency from being used in the real market. That may change, but as of today that is the law. That said, for the online market alone it could be enormous.

                                    Russia on the other hand...

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