Re: Feds shutter online narcotics store that used TOR to hide its tracks

Quote from: CornedBeefHash on April 24, 2012, 03:33:47 AM

Quote from: Dutch Merganser on April 24, 2012, 02:58:08 AM

I had been waiting to see something like this for some time, not that I approve. The drug war is a huge failure/boondoggle, period.
However, Bitcoin pretty much stands on a three-legged stool: Contraband trade, money laundering, and speculation. Rut-roh!

People have no imagination anymore. Contraband trade, money laundering, and speculation - oh please! These are chump change when compared to Bitcoins most obvious usefulness. Tax avoidance!

Money laundering is a broad heading that subsumes tax avoidance as you describe it. Good luck with that, I can only take it you have the same accountant Wesley Snipes used Grin

At least no one is pretending bitcoin is a serious contender as an above ground payment system any more Wink