Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Elwar
on 17/12/2015, 15:33:20 UTC
Quote from: Yrpapers on December 17, 2015, 03:21:25 PM
Quote from: Fatman3001 on December 17, 2015, 03:11:40 PM
Quote from: Yrpapers on December 17, 2015, 03:04:36 PM
Quote from: Fatman3001 on December 17, 2015, 02:52:20 PM
Quote from: Yrpapers on December 17, 2015, 02:09:32 PM
Quote from: Fatman3001 on December 17, 2015, 02:02:56 PM
... You don't have to buy drugs or finance terrorism with your coins. If you buy coins from a regulated exchange and sell them at a regulated exchange, and don't screw up in between, you're good. ...

Like saying "you don't have to counterfeit these hundred-dollar bills I drew with a box of crayons."
The point is, if [bad] people can transact outside of (vetted) exchanges, they will.
If there's no need to transact outside of (vetted) exchanges, there's no reason to burn so much electricity in Chinese chicken coops to keep a ridiculous POW scheme running.  

So what?

IBM and JP Morgan won't be held accountable for what other bad people do with Bitcoin, just like they won't be held accountable for when LMGTFY is snorting flour he bought with USD from a mirror.

But they will be held accountable for every little thing that happens on that closed ledger.

No, IBM and JP Morgan won't be held accountable for what other bad people do with Bitcoin.
No, IBM and JP Morgan won't be held accountable for LGBT snorting bunk blow bought with USD.
The also won't be held accountable for every little thing that happens on their closed ledger, just like banks aren't held accountable for LGBT buying shit blow with USD.

What they *would* be held accountable for is the same shit IRL banks are held accountable for. KYC/AML, and all the rest.
Get it?

I get it. But I don't think you do.

^Typical. You don't want *anything at all* to interfere with your intrinsically inconsistent constructs ideology. Faced with shit you can't refute with logic, your knee-jerk coping mechanism is "Baww, mom and dad just don't understand my blockchain technology! It's like they don't even care how I feel Cry "

And then you wonder people call you cultists.


The jews in Germany during WWII were right to follow their country's rules. Anyone who did not obey and tried to flee the country or use their money for illegal activities such as paying to be smuggled out of the country were bad people. And anyone involved in these crimes should be held accountable.