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Started By
Message
re: Bitcoin is Germans
Posted on 4/27/13 at 6:51 pm to joshnorris14
Posted on 4/27/13 at 6:51 pm to joshnorris14
quote:
Bitcoin can be anonymous if you take the steps necessary to make it anonymous.
That is just soooo cute that you believe that.
1
Posted on 4/27/13 at 6:58 pm to LSURussian
quote:
That is just soooo cute that you believe that.
It doesn't even affect me so it's not like it is that important of an aspect of Bitcoin for me.
It's absolutely pseudonymous, nobody can deny that.
If you take the proper steps (multiple wallets, washer services, et cetra) it is impossible to trace.
Posted on 4/27/13 at 6:58 pm to Vols&Shaft83
quote:
Statist piece of shite
I really hope this catches on. I loled IRL when Broke dropped it in the other thread.
Posted on 4/27/13 at 6:59 pm to joshnorris14
quote:LINK
If you take the proper steps (multiple wallets, washer services, et cetra) it is impossible to trace.
Posted on 4/27/13 at 7:01 pm to joshnorris14
quote:Do you think the IRS will not have a computer with significant computational power dedicated to Bitcoin mining such that it gets a real time registry of every Bitcoin in existence? And as far as creating a 100% ssecure wallet for Bitcoins, here is a discussion on the subject... LINK I'm not about to read all 121 pages looking for practical solutions, but the method described in the OP is rather inconvenient.
Bitcoin can be anonymous if you take the steps necessary to make it anonymous.
Posted on 4/27/13 at 7:06 pm to Poodlebrain
quote:
Do you think the IRS will not have a computer with significant computational power dedicated to Bitcoin mining such that it gets a real time registry of every Bitcoin in existence?
Even if they were to do this you could "wash" the bitcoins and make yours untraceable.
Posted on 4/27/13 at 7:08 pm to joshnorris14
quote:
pseudonymous
You're using it wrong.
Posted on 4/27/13 at 7:09 pm to Poodlebrain
quote:
Poodlebrain
You keep posting confidently about government ability to track bitcoin transactions back to an individual, but you never really make your case.
How do you expect the IRS or any government agency to prove beyond a reasonable doubt in a criminal trial that a person owns certain bitcoins?
Unless your argument is based on the individual having to prove himself innocent, in which case we're operating in tyranny and the debate needs to be shifted elsewhere.
Posted on 4/27/13 at 7:12 pm to WikiTiger
Have you ever dealt with the IRS Wiki? They don't have to have proof to make your life a living hell.
Posted on 4/27/13 at 7:13 pm to Vols&Shaft83
quote:
Have you ever dealt with the IRS Wiki? They don't have to have proof to make your life a living hell.
Right....so y'alls arguments are based on tyranny. Good to know.
Posted on 4/27/13 at 7:15 pm to WikiTiger
Do you believe you're anonymous?
Posted on 4/27/13 at 7:17 pm to WikiTiger
I didn't say it was right, I'm just saying how it is. You Statist piece of shite.
This post was edited on 4/27/13 at 7:18 pm
Posted on 4/27/13 at 7:19 pm to WikiTiger
quote:That seems to be the main argument in most of these threads. Bitcoin won't work because the government is tyrannical and will shut it down. So we need to trust the government's money.
Right....so y'alls arguments are based on tyranny. Good to know.
Posted on 4/27/13 at 7:24 pm to Gmorgan4982
It's one argument, although I don't think anyone worded it like that. Another is that bitcoin has no intrinsic value.
Another is that it's backed by nothing tangible. Another is Go frick yourself.
Another is that it's backed by nothing tangible. Another is Go frick yourself.
This post was edited on 4/27/13 at 7:25 pm
Posted on 4/27/13 at 7:39 pm to WikiTiger
quote:I've never suggested they would catch every illegal use of Bitcoins. They don't have to. They will catch those who make mistakes, and possibly those who engage in transactions with others who compromise their anonymity.
How do you expect the IRS or any government agency to prove beyond a reasonable doubt in a criminal trial that a person owns certain bitcoins?
If you anonymously purchase some product from a merchant using Bitcoins, how do you take possession of your purchase? It has to be shipped somewhere for physical pickup. Do you think the authorities will be incapable of picking up a trail from a physical location? Once they have identified their suspect they can get a search warrant to examine all computers and communications devices of that person. If they find any evidence of Bitcoin purchases, they have succeeded.
If it is a matter of taxes, there is no presumption of innocence. In fact, the IRS is presumed correct unless you can provide sufficient evidence to the contrary. So the authorities do not have to prove you guilty, they just have to assess tax based on something as simple as you possessing something you can not provide evidence to substantiate how you came into possession.
Posted on 4/27/13 at 7:51 pm to Poodlebrain
quote:
I've never suggested they would catch every illegal use of Bitcoins. They don't have to. They will catch those who make mistakes, and possibly those who engage in transactions with others who compromise their anonymity.
This is the most reasonable thing you've ever posted in these threads.
quote:
If you anonymously purchase some product from a merchant using Bitcoins, how do you take possession of your purchase? It has to be shipped somewhere for physical pickup. Do you think the authorities will be incapable of picking up a trail from a physical location? Once they have identified their suspect they can get a search warrant to examine all computers and communications devices of that person. If they find any evidence of Bitcoin purchases, they have succeeded.
Physical delivery is certainly a weakness. The funny thing is that despite the risks associated with physical delivery, merchants on the silk road are still operating and shipping out illegal products everyday.
The issue here is cost effectiveness. The government will find that it may cost $5 to collect $3, and if that's the case, then game over.
quote:
If it is a matter of taxes, there is no presumption of innocence.
In the matter of criminal trials, there is. And tax issues eventually lead to criminal trials.
quote:
So the authorities do not have to prove you guilty, they just have to assess tax based on something as simple as you possessing something you can not provide evidence to substantiate how you came into possession.
And again, the issue is: How do they determine you have possession?
Posted on 4/27/13 at 7:52 pm to Poodlebrain
quote:
If it is a matter of taxes, there is no presumption of innocence. In fact, the IRS is presumed correct unless you can provide sufficient evidence to the contrary. So the authorities do not have to prove you guilty, they just have to assess tax based on something as simple as you possessing something you can not provide evidence to substantiate how you came into possession.
It's how they got Capone. I bet Capone would take a baseball bat to anybody who tried to pay him in bitcoin.
"The frick is this shite?"
Posted on 4/27/13 at 7:55 pm to WikiTiger
quote:
The government will find that it may cost $5 to collect $3, and if that's the case, then game over.
Where the frick have you been? It's Standard Operating Procedure for the Government to spend $5 to make $3
Posted on 4/27/13 at 7:56 pm to WikiTiger
quote:
And tax issues eventually lead to criminal trials.
Rarely. Stick to coding and leave tax issues to the professional, Poodle.
Posted on 4/27/13 at 7:57 pm to Vols&Shaft83
quote:
Where the frick have you been? It's Standard Operating Procedure for the Government to spend $5 to make $3
touche
Another thing to touch on: Bitcoin makes wage garnishment impossible.
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