Quote from: pwi on May 28, 2013, 07:23:24 AM

Quote from: gweedo on May 27, 2013, 08:12:28 PM

Quote from: pwi on May 27, 2013, 10:18:07 AM

In all seriousness, l would just like to witness a little empathy from time to time. A world without it kinda sucks.

Yeah lets have empathy for someone taking advantage of my money. Sorry but I can't... Fraud is a serious crime, and should not be taken lightly in any sense.

I'm pretty sure the OP paid into the system that he now would like to extract some value from...

Well, we are busy redefining our financial reality here in the states. Remember our clever re-designation of estate taxes paid to the government upon the death of the estate holder as "Death Taxes?" We are now redefining anyone who is relying on Government entitlement programs for any reason as "entitled." Even if you previously contributed to the system. The fact that you no longer do so, but are dependent on the so-called safety net of government entitlement systems means you are taking advantage of everyone who is presently paying into it by working full-time. I can understand people's reactions to our situation. I can even sympathize with it. But that doesn't eliminate our need to stay alive. We, like everyone of the other 7+ billion people on the face of the earth, have this bizarre desire to continue to live beyond our productive and contributing years. And to even enjoy some quality of life in the process. I know. "Entitled". (grin)
I'm not sure, and I hate to speak to define someone else's intent or meaning, but I think what gweedo objects to is the possibility that if I purchase and possess bitcoins, I will have used funds that should not be available to me due to the fact that we are depending on entitlement programs, instead of pay for work produced income. Entitlement programs that his tax dollars are presently paying into. And the possibility that I might be breaking some law by committing, or attempting to commit fraud in the process.
Except for the possibility of purchasing and possessing BTC and/or other cryptocurrencies, none of that is my intent. But I have no desire or need to prove that. And nothing I say or will say here offers that proof.
I am setup to receive BTC, and in the process of setting up to receive LTC. And investing in LTC mining. All coins will be transferred to offline paper wallets, printed off an offline Linux system, with a firewalled hardline network connection to the online system.
Against the day that I can exchange them for fiat currency without incurring the to me much more serious than any other penalty of losing our "entitled" status. Since our electric utility is paid for directly by a family member who doesn't mind the energy cost for mining, and other family members are purchasing the system to my specs, all I'll contribute is the labor of construction, setup and monitoring. It'll give me something to do. If you do a little research, you'll discover that you can report these virtual sources of "income".
The status of LTC is even less well understood than that of BTC. Good thing my inquiry was about Bitcoin AND other alternative cryptocurrencies. I'm sure that with the variety of participants in the bitcoin disruption, someone will in someway object to some of this. Let me reiterate my position on that: I don't care. (grin)