Post
Topic
Board Altcoin Discussion
Re: How mining GeistGeld/Tenebrix can get you a prison sentence in the US
by
Lolcust
on 28/09/2011, 14:16:55 UTC
Cryptocurrencies are   abstractions formed by exotic math and more akin to distributed database service than anything else.
That argument (and a large bribe) might work in your court system. It most assuredly will not fly the US Federal Courts.

I assume you expect everyone to take an anonymous attorney-at-lol's word for it ?  Roll Eyes

While this might cause the Courts to legally recognize blockchain based cryptocurrencies as currencies, the downsides to that recognition far outweigh any upsides.

I like that "might" of yours, and an interesting "what if?" scenario (in the same way that "younderboy might be a lawyer since no laws of physics prohibit such a weird circumstance" is an interesting hypothetical Wink )

The US has a host of laws dealing with money, and a case such as this would be a very good excuse for them to get cryptocurrencies regulated without actually passing any new laws.

Again, I assume you expect everyone to take an anonymous attorney-at-lol's word for it ?  Roll Eyes

Also, exactly same (lack of) logic that you seem to apply to Cryptocoins applies to WoW gold, and WoW gold "laundry" would be easier to prosecute.

So do give me a PM when they get arrests, or better yet, convictions in the US for cases of "world of warcraft" not-really-money laundering.


If you cannot launder 50 or 100 bitcoins worth of currency from yourself to yourself, you a bad money launderer indeed.

Oh, I am indeed broken by your astute and in-depth assessment of relative merits of sneaking out an unspecified amount of coins from an addy everyone knows about without getting NOTICED (as opposed to "caught irl")

I see you are not only a powerful e-lawyer, but also a computer crime e-xpert.

You are DaVinci of our times, dude Smiley
What tweet? What are you on about?

Here-here



Ha ha ha haha.

Boy, this is absolutely hillarious. Could you please post this to Twitter or something ? (I can't pwomise a bounty, tho :-P )

No bounty, thx. I don't want to install a client and help further your continuing criminal enterprise. Thx, tho.
 


Which sort of strongly implies that you will tweet your e-lawyering fo' free Cheesy