895500+ entries in 0.637s
KRS-1: heh i shall have
to remember
this moment actually..i've sobered up a bit.
KRS-1: who knew what
this would
turn into
KRS-1: I remember reading
that
eyetalian: in 2010 2011 you would never earn enough revenues
to cover
the costs
eyetalian: nobody was willing
to risk
that on bitcoin in
the past.
eyetalian: its very easy
to get
the licenses IF you have
the capital which is 5-10 million
jurov: uneasy = not friendly country.
that's all
jurov: we are discussing *how* easy is
to have all
these licenses in order
eyetalian: no you said
the US isnt bitcoin friendly
jurov: we are not discussing
that, only you insist on painting me as wanting
to operate without licenses
eyetalian: infact you have a very high chance of being shut down in
the european union imo
eyetalian: now
that its become more economical people are obtaining
them
eyetalian: the license costs were
too high for most broke bitcoiners in
the past.
eyetalian: the compliance is simple you need
to be registred as a MSB business + AML
kakobrekla: btw jurov, its not 'bitcoin friendly' its 'too stupid
to acknowledge'
eyetalian: jurov if
that were
true you wouldnt be able
to exchange foreign currencies in america
jurov: no one knows how
to comply properly
eyetalian: just nobody was willing
to put
the millions into compliance in
the past
eyetalian: jurov:
there are plenty of banks who are fine with it as long as you are properly complying
jurov: if not even a bank dares
to go in, what friendiless is
that?
eyetalian: jurov: coinlab opened up a corporate account at a bank,
thats all
they did
eyetalian: nobody was willing
to put serious capital up for bitcoin related until 2013
jurov: so which one had
the deal with silicon valley bank?
eyetalian: orkaa i agree.
the laws are mostly designed
to keep small players out
KRS-1: kakobrekla: Somalia is NOT
the same as Serbia, just sayin.
jurov: actually
there's coinlab and others, and
there *are* serious problems
orkaa: eyetalian, but
that's like saying
that
the US health system is very friendly …. it's just
that most people have a money problem
eyetalian: since bitcoin left infancy only
this year, it was hard
to attract
that level of funding
eyetalian: a well capitalized exchanger in
the US should have no issues
eyetalian: no its unfriendly
to basement business's
eyetalian: the bitcoin exchanges simply had barely any startup capital
to fund proper licensing which costs about 5-10million
to obtain for
the entire US
eyetalian: the biggest hurdle in
the US is
that you need 50 different state licenses
to operate
eyetalian: his rational was because bitcoin exchanges should be allowed not
to comply with any rules dealing with money
eyetalian: even
though NY and California have a high ammount of business's
that accept it
orkaa: btw, what's
the primary
topic we're arguing about?
eyetalian: theres nothing illegal about exchanging bitcoins for cash on a person
to person basis
jurov: if
they have such nice rigid rules,
then why so high incarceration?
eyetalian: well for exchanging dollars you have
to comply with
the same rules everyone else does
jurov: .. as long as you don't
try
to exchange bitcoins. ic.
eyetalian: there are plenty of places
to spend BTC in NY and California
orkaa: if you do some nasty stuff and
then call it 'war'
orkaa: yeah but it's kinda
the same
thing
eyetalian: interms of kill count in
the last 100 years
eyetalian: and
they had a arrest record in
the US
eyetalian: like LR people recieved warnings since 2011 about
the site specifically
eyetalian: the
thing about
the US gov
too, you recieve plenty of warnings before
they act
eyetalian: ive asked for an example of someone who hasnt
thats been "targetted"
eyetalian: i dont know anything about
that subject
jurov: so what was
the procedure
to discover WMDs in iraq?
eyetalian: hence
their obsessiveness with laws and procedures
jurov: lol
this gets better
eyetalian: making stuff up as
they go along doesnt fit
their
traits
eyetalian: you have
to remember americans are of germanic descent,
they
tend
to do everything systematically
jurov: lol.
they can extend
to other
TLDs any day
jurov: now do
tell me how "best
to avoid it"
jurov: oh eyetalian: you do know
they said practically whole internet is under US jurisdiction?
eyetalian: theres nothing i can do about
their power
jurov: actually fox news doesn't,
too. afaik
jurov: oh i
thought fox news
eyetalian: if you dont like
their rules. stay away from
them
eyetalian: the
truth is if you are involved in a US jurisdiction and play by
their rules you are fine
furuknap: <mircea_popescu> if anyone here watches porn,
there's 1 btc
to be made. >"If anyone here watches porn" he says... *tsk*
orkaa: no one had a
trial
orkaa: basically everyone
there.
mircea_popescu: for
that matter,
they kidnapped
the ex head of
the imf under manufactured charges
jurov: eyetalian: do your own research about gitmo.
there were journalists, Uk citizens, you name it.
eyetalian: that dont do anything involving
them
eyetalian: please show me examples of people who are
targetted by US government
orkaa: eyetalian, so girls shouldn't wear short skirts 'cause
they give guys a reason
to rape
them
eyetalian: LibertyReserve which was active in defrauding people and
transfering $ around
jurov: how do i know what is
the reason?
mircea_popescu: anyway, i
think i've had enough of
this nonsense. bye eyeguy.
eyetalian: dont give
them a reason
to
target you
furuknap: I was offline and
typing
to myself, not noticing I was gone...
orkaa: <eyetalian> if you stay away from US gov
they stay away from you simple as
that
jurov: furuknap, wrong
tab?
furuknap: And
then I
told him, "you can't put
that
there!" and
then just walked away. It was hillarious.
jurov: it doesn't matter if
they are randoms.
they have a right
to
trial, usg denies it
mircea_popescu: suppose
they stay away from me, i stay away friom
them, simple as
that.
eyetalian: if you stay away from US gov
they stay away from you simple as
that
eyetalian: the US is only 5% of
the worlds population,
there are plenty of alternatives
mircea_popescu: do you have complete and indisputable proof
they aren't ?
mircea_popescu: how did
the discussion become a matter of what he believes ?
eyetalian: lol you believe
they are just randoms?|
jurov: tell
that
to gitmo detainees
eyetalian: if you stay away from
them
they are harmless