Should have gone to Transnistria.
I know someone who fled Ukraine via Transnistria. He told me a lot about it. It's not a place you want to live in...
Do Kwon arrested in Montenegro: Interior Minister
271–280 of 296 posts
Re: Do Kwon arrested in Montenegro: Interior Minister
#272Earlier quoted context omitted.
*Satoshi Nakamoto enters the chat*
Satoshi's coins have sat untouched since pretty much the beginning, so no, they certainly have not been able to make any use of them.
>they certainly have not been able to make any use of them.
That cannot be said with 100% certainty since transfer of ownership doesnt require an onchain transaction and secondly, funds aside, signing with his keys (aka proof of identity) is extremely valuable to a large % of the Bitcoin whale community.
Many whales would send Satoshi millions of dollars just for the act of signing with those keys, no strings attached.
Re: Do Kwon arrested in Montenegro: Interior Minister
#273Earlier quoted context omitted.
Charge is not arrest
From the DOJ link above, first paragraph: DILKINSKA was extradited from Bulgaria yesterday and will be presented before United States Magistrate Judge Sarah Netburn later today. https://www.justice.gov/usao-sdny/pr/bulgarian-woman-charged... > She is in US custody.
The head of compliance of OneCoin was extradited. Not Ruja Ignatova herself.
Re: Do Kwon arrested in Montenegro: Interior Minister
#274What is the point of having a zillion magic internet moneys if you can't get yourself off the financial grid and living in a non-extradition country? Cmon. What a bunch of jokers. I think it's a hugely bearish case for crypto that none of the crypto guys have been able to use it to avoid authorities for more than a few weeks/months. That's literally one of its alleged use cases. "The government can't control it". SBF…
Crypto was never built to magically help you evade justice. This is a ridiculous take.
Re: Do Kwon arrested in Montenegro: Interior Minister
#275Earlier quoted context omitted.
The US Government prints money whenever it feels like it despite being $30 Trillion in debt, it's the only entity in the world that could manage to not spend it.
No that's not right. It's not that all the countless departments and agencies can go to the federal reserve or congress whenever they need more money and it will write them a check. I mean in aggregate that's vaguely how it goes, but there is never enough money to spend at any given time. If there was a gigantic cache of money, they would be unable to help themselves. Why do you think the CIA sells drugs and weapons?…
> Why do you think the CIA sells drugs and weapons?
Re: Do Kwon arrested in Montenegro: Interior Minister
#276Earlier quoted context omitted.
The South Korean justice system is notoriously lenient on white-collar crime, and it's exceedingly rare even for violent criminals to be murdered in a Korean prison. The popular perception is that you can spend a couple of years in prison and enjoy your ill-gotten gains for the rest of your life with no further repercussions, provided you've hidden your money well enough. Guess what, the whole point of crypto is that…
> the whole point of crypto is that it's easy to hide. This couldn't be further from the truth and shows how the majority of people do not understand the benefits that crypto offers.
Hacker News is especially hostile toward crypto. Most likely, people here won’t even bother to engage in an honest conversation. “It’s a scam, it’s for crime” is the consensus. It’s frustrating when you’re surrounded by “confident idiots”, people who are uneducated about a topic that portray confidence. As I’ve gotten older, I just care less about educating people for free.
Bitcoin is going nowhere. Time itself will teach the naysayers. HN will be angry, in denial, etc as the trend of bitcoin adoption plays out. But they can’t be so ignorant as to stop it. In other words, their education is not required.
Re: Do Kwon arrested in Montenegro: Interior Minister
#277Earlier quoted context omitted.
You could say this exact same thing about cash and be just as correct.
No. The main use of cash is as a means for conducting transactions for goods and services.
And what’s the main use of cash from the perspective of the US government? And what makes cash have value? And what has been the history of money thus far that has led to this junction?
Re: Do Kwon arrested in Montenegro: Interior Minister
#278Earlier quoted context omitted.
Boggles the mind that people are actually taking people like Nic Carter and Barney Frank at face value (that latter one is particularly egregious considering he's literally a former director of the bank) when they say that the FDIC seized a bank with $110 billion in holdings solely to target $4 billion in crypto. Believe it or not, the Fed doesn't care enough about crypto to start a regional banking crisis and blow u…
The dinosaurs at the FED feel just the same as all those on this site that blather on bitterly about crypto waiting for it die. I can’t wait to read the salty howling at end of the year when crypto is at an all time high.
You’re correct that this community will be salty as bitcoin reaches value milestones such as $100,000/coin. And it’s easy to fall into the trap of laughing at their misery. But it would be much much more enjoyable for me to see bitcoin “click” for them.
It takes the effort of thinking deeply about what money is, where it came from, how it’s used geo-politically, how it’s used against populations, etc. it’s a lot of effort, honestly.
But let’s not cheer on bitcoin’s USD value. The real victory is when it’s detached and we stop comparing bitcoin to garbage fiat.
Re: Do Kwon arrested in Montenegro: Interior Minister
#279Earlier quoted context omitted.
> the whole point of crypto is that it's easy to hide. This couldn't be further from the truth and shows how the majority of people do not understand the benefits that crypto offers.
Hacker News is especially hostile toward crypto. Most likely, people here won’t even bother to engage in an honest conversation. “It’s a scam, it’s for crime” is the consensus. It’s frustrating when you’re surrounded by “confident idiots”, people who are uneducated about a topic that portray confidence. As I’ve gotten older, I just care less about educating people for free. Bitcoin is going nowhere. Time itself will…
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Re: Do Kwon arrested in Montenegro: Interior Minister
#280Earlier quoted context omitted.
No. The main use of cash is as a means for conducting transactions for goods and services.
And what’s the main use of cash from the perspective of the US government? And what makes cash have value? And what has been the history of money thus far that has led to this junction?
Transacting for goods and services. Cash has value because you get arrested if you don’t have enough to pay taxes.