Quote from: knowhow on May 08, 2016, 12:14:51 AM

Well i used liberty reserve as the most projects connected to it were hyip and ponzis websites soo i were with some payza or paypal funds and i were newbie and without any experience i thinked all websites were honest,offering gold opportunities to all,something that isnt true at all,learned fast about the meaning of scam and this were connected always with this payment option.The put bitcoin in the middle ,saying that looks like the people behind ,this co-founder were with bitcoins to avoid and keep the money protected and keep their business model.

After Liberal Reserve collapsed, people are now using Perfectmoney as an alternative.

It would be interesting to see what happens to Perfectmoney, as it is basically the same system as LR.

Quote from: Soros Shorts on May 07, 2016, 07:23:55 PM

Quote from: Hazir on May 07, 2016, 07:04:35 PM

Not related to bitcoin whatsoever. Totally different story behind Liberty Dollar and bitcoin.

I thought that Liberty Reserve (the subject of the article) and Liberty Dollar were 2 different things? One is digital and the other is physical. The only commonality is that somebody went to jail for printing Liberty Dollars as well.

Yes, liberty dollar was founded by Bernard von Nothaus. That's a totally different thing.