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U.S. insurrectionists received $500k in bitcoins from French donor

blog.chainalysis.com

101–110 of 243 posts

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#101

Earlier quoted context omitted.

Terrorism is "Premeditated, politically motivated violence perpetrated against noncombatant targets by subnational groups or clandestine agents, usually intended to influence an audience". Trying to coerce / kidnap / etc. Congress people sounds like terrorism. They don’t have to be successful.

That applies to a lot of situations if taken literally. You have to use a lot of care when labeling somebody with such a charged word. We wouldn’t want to see a bunch of rioters from sent to Guantanamo.

I don't want that because I don't want anyone sent to Guantanamo. But this absurdist doublethink has to stop somewhere. The IRA were terrorists. The Weathermen were terrorists. And setting fire to a courthouse in order to change laws is, in fact, terrorism. If we can't apply laws to people we agree with, we do not live in a society of laws at all.

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#102
post #12

The other day, I tweeted out my tin-foil-hat theory that the recent BTC runup was partly due to alt-right interests, expecting the events on the 6th to go very differently. This kind of makes me wonder even harder.

I spend time on gab and parler (I'm not a believer, I'm just curious). It really looks like it's people who genuinely feel Joe Biden will be the end of america. They think the stock market will crash and dollars will be useless as Biden ushers in some kind of communism. From the volume of comments on the posts, there's quite many of them. This run will probably last as long as their finances allow. I don't think it'l…

It really looks like it's people who genuinely feel Joe Biden will be the end of america.

To look at it another way, they really expect the end of American and Joe Biden and/or Kamala Harris are just the right wing villains of the moment. You could pick anyone else from the field of Democratic politicians and they would equally be treated as the harbinger of the apocalypse.

The underlying anxiety of the alt-right (though not every single individual therein) is that 2020 was the first year when white people became a minority of the youngest (u18) demographic cohort. As most far-right adherents in the US build their politics around racial identity this is regarded by them as the onset of demographic winter, historical decline, fall of empire et.c etc.

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#103

I hope this will get attention. Just so more people will realise that bitcoin is dangerous to use and accept because it is not private. Even if youre doing nothing wrong, would you want to unintentionally receive funds linked to this?

I'm not sure of the point here, this seems a bit nonsensical. Do you avoid using cash too because criminals use it? Using or accepting Bitcoin is not dangerous because of this. And you have no more chance of unintentionally recieving funds linked to this than you have of unintentionally recieving cash used for criminal purposes. (Not intending to start an argument for or against Bitcoin, and there are other pros and…

[deleted]

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#104
post #12

The other day, I tweeted out my tin-foil-hat theory that the recent BTC runup was partly due to alt-right interests, expecting the events on the 6th to go very differently. This kind of makes me wonder even harder.

I spend time on gab and parler (I'm not a believer, I'm just curious). It really looks like it's people who genuinely feel Joe Biden will be the end of america. They think the stock market will crash and dollars will be useless as Biden ushers in some kind of communism. From the volume of comments on the posts, there's quite many of them. This run will probably last as long as their finances allow. I don't think it'l…

> It really looks like it's people who genuinely feel Joe Biden will be the end of america.

People really seemed to honestly feel that way about Obama... then Obama again. I expect people will feel that way about whatever Democrat eventually gets elected next too.

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#105

Earlier quoted context omitted.

Dangerous to use if you're not careful. I guess that is one of the many downfalls of not having secure defaults. Taproot and Schnorr are slowly coming to bitcoin. But would this blog post even exist if they had used a coinjoin/payjoin or lightning?

It is essentially certain that strong privacy will never come to bitcoin. Taproot and schnorr will make no meaningful difference, unless you mean it will assist people in doing atomic swaps to a private currency like Monero. Average people will never make the effort to do expensive (or cheap) coinjoins that will make them look suspicious. Lightning network does not have strong privacy guarantees and it continues to s…

I may, perhaps, lack imagination, but I really can't fathom how privacy comes to a system where the fundamental artifact of creation is an ever-growing record of every transaction.

It seems like the kernel of Bitcoin is maximally open information, not secrecy. Obfuscation of transaction is possible, but any solution that could actually hide transaction information would be incompatible with the trust model that Bitcoin is based on.

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#106

Earlier quoted context omitted.

Cash is private so it doesn't matter. When you pay with it, nobody knows where it came from. You can have extreme inconvenience for being linked to illegal bitcoin transactions.

Cash is only private if you never put it in a bank. But if the reason for taking the payment is legitimate you're going to have no more problems with Bitcoin than you will with cash in this regard. If your reason for taking the payment is illegal then I agree, Bitcoin puts you at some greater risk. But if that's you're point then perhaps you should be clearer. Bitcoin can be dangerous to use for criminals because it'…

>But if the reason for taking the payment is legitimate you're going to have no more problems with Bitcoin than you will with cash in this regard.

Nope. You may deposit cash into a bank and explain where it came from. Sure.

This has no relevance to how you can later try to spend your bitcoin and have your transaction frozen + end up in a police investigation where you need to try to explain why chainalysis software says you are linked to terrorism, to people who have no understanding of it. This can be especially bad if you are not in a developed country. It simply means bitcoin is not usable as a "peer to peer cash" as it was intended. With cash you will not have such problem because it has no history permanently linked to it.

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#107

I hope this will get attention. Just so more people will realise that bitcoin is dangerous to use and accept because it is not private. Even if youre doing nothing wrong, would you want to unintentionally receive funds linked to this?

I'm not sure of the point here, this seems a bit nonsensical. Do you avoid using cash too because criminals use it? Using or accepting Bitcoin is not dangerous because of this. And you have no more chance of unintentionally recieving funds linked to this than you have of unintentionally recieving cash used for criminal purposes. (Not intending to start an argument for or against Bitcoin, and there are other pros and…

>Do you avoid using cash too because criminals use it?

I probably would if cash were only used by criminals and speculators.

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#108
post #12

The other day, I tweeted out my tin-foil-hat theory that the recent BTC runup was partly due to alt-right interests, expecting the events on the 6th to go very differently. This kind of makes me wonder even harder.

As in disrupting us and thus USD ?

I think the US has been disrupting the USD just fine on their own. 22% of all USD were "printed" just last year: https://www.somagnews.com/9-trillion-story-22-of-us-dollars-...

Re: U.S. insurrectionists received $500k in bitcoins from French donor

#110

Earlier quoted context omitted.

It's disgusting how such primitive people can still exist in our modern world. Yes, we have many people doing horrible things all over the world, but people being vile because their ancestors had less sun than others is a special kind of pointless stupidity.

>It's disgusting how such primitive people can still exist in our modern world. What a snobbish and elitist thing to say. Try saying that to the Sentinelese or Amazonian tribes that still don't have contact with our messed up globalist world. One of the reasons we are living in this chaotic time is because of a growing middle class elite living in metropolitan areas who are either unwilling or incapable of understand…

well when some people are resorting to white supremacy, of course it's a big social gap that reasonable people don't want to understand.
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