2000+ entries in 0.088s
mjr_: was wondering what the index was for options now
mjr_: mircea_popescu: i just saw you have a euro future, nice
mjr_: is gox finally dead
mjr_: but you are the person trying to move the dirty money
mjr_: now you know they were mine at one point
mjr_: i can send my clean coins that no one knows are mine to you
mjr_: I can accept cash, in a briefcase, i think thats how they do it in movies
mjr_: we are talking about moving drug money
mjr_: we aren't talking about laundering coins
mjr_: even if its been used a million times as long as NONE of those uses intersect with MY identity, you can never trace it to me
mjr_: super simple, OR it has come from random miner, and gone to a new address on the network
mjr_: well...you get coins from a freshly mined block
mjr_: to the same address
mjr_: you receive money if you win
mjr_: from an anonymous never bee used bitcoin address
mjr_: i thought it was just a bitcoin address
mjr_: what information do they have to rat?
mjr_: bitbet doesn't require names, ID's, social security...does it?
mjr_: these are their bitcoin addresses, happy hunting
mjr_: someone made money, someone "lost" money
mjr_: why would that matter TATonaplane
mjr_: that is the goal asciilifeform
mjr_: most of the transactions are too small to matter to them, there are no digital records of what happened, and the people were not involved in bitcoin as a business
mjr_: who met up with others at a meeting using the satoshi square brand
mjr_: that EVEN if they wanted to go for individuals
mjr_: but that leads me to point B
mjr_: nonexistent illegal entity
mjr_: we are not an entity
mjr_: it is a brand, a label, but it is neither incorporated nor does it have any finances
mjr_: satoshi square is not a legal entity
mjr_: because that was part A
mjr_: or at least could be if anyone cared enough
mjr_: they as an individual are probably liable
mjr_: if they used facebook to buy bitcoins to use on silk road
mjr_: any individual on any site
mjr_: pretty hard to launder money when you've never HAD money, or touched money
mjr_: we did not "make a market" ie offer to buy and sell at the same time, in fact satoshi square as an entity if you can even call it that has never bought or sold a coin
mjr_: in that we were not counterparty
mjr_: we did not "provide a market"
mjr_: which, is one benefit of talking vs email
mjr_: because first of all i never heard that
mjr_: so a person AT satoshi square COULD be just as in trouble
mjr_: the burden of compliance is devolved to all individuals
mjr_: nor do we have any compliance because we are simply a host, a facilitator of people meeting for their own reasons
mjr_: is that satoshi square has never said we have any role in moving your coins
mjr_: the reason we brought this up
mjr_: it was just someone breaking the rules, bringing tons of attention to himself, and then getting caught
mjr_: or a politically motivated hit job
mjr_: so I don't think its a witchhunt
mjr_: or else you are basically calling yourself guilty
mjr_: i'm just saying that admitting what rules you think you are supposed to follow means you should at least make it appear you follow THOSE rules
mjr_: They even say in the complaint "Bitcoin is not inherently illegal and there are many approved uses"
mjr_: they are basically making the case that A. You knew the rules you were supposed to follow B. You were in charge of enforcing those rules C. You did not follow or enforce those rules
mjr_: i'm just saying that is what the DEA et al PUT INTO THEIR COMPLAINT
mjr_: i'm saying you leave a huge liability on the table
mjr_: which is what a Compliance officer is doing
mjr_: and when you say "I take responsibility for making sure we follow all these rules, I enforce them"
mjr_: people will notice that you broke that rule
mjr_: you specifically point out the rules you are planning on breaking
mjr_: why would you sell bitcoins to a guy who is selling bitcoins ON SILK ROAD, when you know he's on silk road, and you are doing way larger amounts than you say you can on your website
mjr_: so...if that is what THEY say they think is the law that applies to them
mjr_: they said "the company opposes ... illegal uses of bitcoin"
mjr_: that is from BitInstant website
mjr_: they basically said "Charlie Shrem said 'we are simply not allowed to transfer large amounts of money for a single user without doing a lot of paperwork and complying with regulations blah blah blah'"
mjr_: have you guys read the complaint?
mjr_: anyway, got a couple cool things coming out
mjr_: his office is like 500 feet from mine
mjr_: jurov: I was just hanging out with Oz
mjr_: but i have made a lot of progress on the system
mjr_: yeah, i haven't updated much of anything
mjr_: hey jurov great to see you