Re: To Magical Tux

Quote from: speeder on June 21, 2011, 01:42:29 PM

Quote from: chetrasho on June 21, 2011, 01:39:32 PM

I'm just saying...

The unlikely "benefit" of whoever getting caught isn't worth the definite minus of inviting the Feds behind the curtains.

Quote from: speeder on June 21, 2011, 12:51:01 PM

Quote from: chetrasho on June 21, 2011, 12:45:05 PM

I'm not mad at MtGox for getting hacked. They're a huge target and in some ways a hack was inevitable. They've handled the hack as well as possible with the shutdown, audit and rollback.

However, I have a BIG PROBLEM with MtGox contacting the CIA or FBI or whoever. It's bad enough that I have to worry about whoever getting my information from the leaked database. Now I have to worry about the Feds looking through my account and coming for my bitcoins? Hell no...

This isn't the first time that MtGx has considered running to the Feds:
http://www.forexyard.com/en/news/Bitcoin-exchanges-offer-anti-money-laundering-aid-2011-06-15T220113Z

If you think that the Feds are friends of BTC or that their involvement is going to help the BTC community in any way, then you're sorely mistaken.

MagicalTux, don't be a stupid snitch. Improve your security and learn your lesson, otherwise I'll be joining the tradehill exodus....

I think MagicalTux position is that the best place to be relative your enemy, is very close to him, so you can watch his movements, and cloud your intentions.

I think you do not understand that the Feds will get involved no matter what after the Senators vs. Silk Road issue.

Now is a matter of doing it in a sort of controlled manner. It is best to show up to Feds as friend, than to show up as a libertarian (thus anti-rep and anti-dem, the current government) enemy of sorts.

We do not want to become Waco

Honestly, you're softening my heart somewhat and it's a dicey situation.

I like the Waco comparison too. haha. But I don't think appeasement is an appropriate response to state violence. As a market anarchist "enemy of the state", I still say the Feds are a bad idea.

Best of luck to MagicalTux though! Please don't mention my name and don't drop the soap.