Post
Topic
Board Economics
Re: Slippery Slope's Million Dollar Logistic Model
by
BitDreams
on 27/03/2014, 22:45:34 UTC
[qoute] Banking is a cat & mouse game between bankers & regulators.  These bankers did nothing illegal.  [/quote]

Bitcoin is the mousetrap.

Grin  LoL... now you're just trying to place some smoke and mirrors in front of me. After you posted that one liner right there I had to stand up and dance the boogaloo, twist and shout and I went over next door and high fived the neighbor!

I probably won't be able to respond to many more of your posts because I'm laughing too hard but here's just a smattering of a reply to your one-liner.

http://www.washingtonsblog.com/2013/03/stunning-crimes-of-the-big-banks-updated-list.html

http://www.nakedcapitalism.com/2012/10/why-it-is-essential-that-criminal-bankers-are-prosecuted.html

http://www.libertygoldandsilver.com/GoldandSilverBlog/?p=385

http://finance.fortune.cnn.com/2011/03/15/inside-job-director-on-geithner-goldman-and-criminal-bankers/

http://www.ritholtz.com/blog/2013/09/5-years-after-financial-crisis-big-banks-are-still-committing-crimes/

libor, robo-signing mortgages, inflated valuations so they could print more money, improper accounting of deeds/double spending, illegal repossessions... which is a trail of fraud from the top to the bottom!

http://www.appraiserspetition.com/ <- 11,000 appraisers tried to tell Congress of bank fraud OVER A DECADE AGO!

You want to build upon what we got now?

Quote
How does programable money solve barriers to enforcement?  Lets say I created derivatives on bitcoin.  How is that regulated?  

Instantly auditable 24/7 through the block chain. You're talking about the edges, I'm talking about the core.

I can show you evidence where banks are collecting and foreclosing on property they don't actually hold the deed for. What's that worth to eliminate the MERS pilfering organization who stole document fees from every state in the nation?

Bitcoin works at the core so enforcers can concentrate on the edges.

I believe the more the law understands bitcoin the more they will work to support it. Bitcoin benefits everyone but the sharks.