The sooner these "hard" drug sellers will be busted - the better for everyone, including Bitcoin future.
People should be allowed to put whatever they want in their body. The war on drugs is a seismic failure that does nothing but propagate the prison industrial complex. The most popular drugs on these sites are marijuana and psychedelics such as LSD and psilocybin mushrooms that are by no means "hard" drugs. Making things illegal, especially drugs, doesn't make them go away. Your just pushing them underground where the…
Bitcoin Black Market Competition Heats Up
21–30 of 51 posts
Re: Bitcoin Black Market Competition Heats Up
#22Their aggressive twitter campaign is clearly against the Twitter ToS ( https://twitter.com/AtlantisMarket )
Re: Bitcoin Black Market Competition Heats Up
#23Earlier quoted context omitted.
People should be allowed to put whatever they want in their body. The war on drugs is a seismic failure that does nothing but propagate the prison industrial complex. The most popular drugs on these sites are marijuana and psychedelics such as LSD and psilocybin mushrooms that are by no means "hard" drugs. Making things illegal, especially drugs, doesn't make them go away. Your just pushing them underground where the…
I realize it's a popular sentiment here, but it's based off of a philosophy that isn't universal and that reasonable people can disagree on. When you consider that some drugs are physically addictive and that some people are more susceptible to the addiction, there's a societal incentive to protect people from the opportunity to become addicted. I get that to some people that is a "nanny state", but I also think that…
Coercion isn't the only way to help people. And absence of coercion isn't "every man for himself"
Re: Bitcoin Black Market Competition Heats Up
#24The attitude of the Atlantis CEO seems much different from the founder of SilkRoad, Dread Pirate Roberts. Whereas the Atlantis CEO seems very into this business for the money and fame, DPR seems more interested in the ideological standpoint of it all (libertarian ideals and all that jazz). Quotation from Dread Pirate Roberts: All that being said, my primary motivation is not personal wealth, but making a difference.…
“To put it bluntly, a well written codebase and server setup. SR claims to have suffered from ‘DDoS’ attacks, which is very unlikely due to the way Tor hidden services are designed. It’s far more likely to me and technical gurus I’ve consulted that it was a result of poor or uncoping infrastructure. Most likely database related. Ironically we still received all the blame for the supposed ‘attacks’.”
http://weirderweb.com/2013/06/13/atlantis-wasnt-built-in-a-d...
Re: Bitcoin Black Market Competition Heats Up
#2510BTC says this is a DEA sting.
If they don't tumble I could see this being a major honeypot, as people could be traced.
Re: Bitcoin Black Market Competition Heats Up
#26It seems like this is a boom for law enforcement. One of the fundamental aspects of bitcoin is that every transaction is recorded and publicly view able. In order to anonomize your currency you bassicly need to go through a mixing service, which takes bitcoins from a pool of users, and redistributes them back to the same users, but at new accounts, so it would be 'impossible' for someone to follow the money using onl…
Since almost all methods of acquiring bitcoin lead back to a bank account, it would be trivial to trace anybody putting money into the mixing service and potentially prosecute them under anti-laundering laws.
Paying cash for bitcoin (i.e. localbitcoin) is not traceable in this manner, but if you have large amounts of untraceable cash then you have probably already successfully laundered money, and though bitcoin is a more convenient store of value it would not be the tool that enabled it.
So I agree, seems regulators should be fine with Bitcoin.
Re: Bitcoin Black Market Competition Heats Up
#27Earlier quoted context omitted.
I realize it's a popular sentiment here, but it's based off of a philosophy that isn't universal and that reasonable people can disagree on. When you consider that some drugs are physically addictive and that some people are more susceptible to the addiction, there's a societal incentive to protect people from the opportunity to become addicted. I get that to some people that is a "nanny state", but I also think that…
Why do you equate physical force and prohibition to helping people? Why not start a private fund/charity, which, for example, helps addicts beat their habits? Or maybe distribute accurate information about drugs and drugs-related programs? Coercion isn't the only way to help people. And absence of coercion isn't "every man for himself"
Sometimes people need to be protected against themselves, this is particularly true for the less educated (which tends to coincide with the underpriviledged), because they will seriously fuck up their lives (which in turn affects their dependants and communities) unless provided guidance and, yes, certain restrictions.
Re: Bitcoin Black Market Competition Heats Up
#28I kept hearing about how Bitcoin was so often used for "money laundering" and illegal activities. Are these sites what all the fuss is about?
In general, money laundering is much a bigger problem than p2p drug sales. Money laundering is anything that turns illegally acquired cash into seemingly legitimate funds. People do this because they are worried about the physical security aspects of having that much cash on hand, or would like to make a purchase where cash won't be accepted (eg house, car, stock). I think real money laundering using bitcoin would be…
Re: Bitcoin Black Market Competition Heats Up
#29Earlier quoted context omitted.
People should be allowed to put whatever they want in their body. The war on drugs is a seismic failure that does nothing but propagate the prison industrial complex. The most popular drugs on these sites are marijuana and psychedelics such as LSD and psilocybin mushrooms that are by no means "hard" drugs. Making things illegal, especially drugs, doesn't make them go away. Your just pushing them underground where the…
I realize it's a popular sentiment here, but it's based off of a philosophy that isn't universal and that reasonable people can disagree on. When you consider that some drugs are physically addictive and that some people are more susceptible to the addiction, there's a societal incentive to protect people from the opportunity to become addicted. I get that to some people that is a "nanny state", but I also think that…
The drug war is a colossal failure that has done nothing but contributed to the deaths of hundreds of thousands of people (most likely millions worldwide, but I don't have stat for that.) and ripped families a part. In Mexico alone between 2006 and 2012 drug related violence hit 60,00 deaths. That's in Mexico alone in only a few years. [6] as well as make a select few richer. Statistics show that it disproportionately effects those in the African-American community. [7] You obviously haven't seen your father ripped from your arms for possessing an ounce of weed, a sheet of acid, or a couple grams of cocaine. History is a major indicator that the war on drugs is not going to get better. It's only going to get worse. Legalize and regulate drugs and you will see crime go down across the board. Not to mention that you can then control the quality of drugs. When you can produce heroin in a grade a chemical facility and not some guys shed you can make a drastically healthier product.
You're making the assertion that making drugs illegal makes them go away. Simple put: that's false. People who are physically addicted to drugs such as heroin can't seek out help as it currently lies because they are treated as criminals if they relapse and are sent to prison.
Portugal decriminalized a wide array of drugs including heroin, LSD, marijuana, and cocaine and they saw:
- More people opted to seek out treatment for their drug problems [8]
- Reduction in HIV among drug users by 17% [9]
- Drug use among adolescents declined [10]
- Decreased value of street drugs [11]
For more see See Drug Decriminalization in Portugal by Glenn Greenwald [6]
Further more I want to touch on the fact that the way scheduling is handled in the United States, several important drugs are kept from being studied by scientists in universities. That is absolutely ridiculous. Drugs like MDMA are going to pave the way in treating things like depression and PTSD. [16] LSD has been known to help alcoholics see the light and give it up. [17]
Marinol, a synthetic form of THC that costs thousands of percents more than the price of marijuana, is allowed to be prescribed and sold, but marijuana is illegal. That's messed up.
You're way of thinking is dangerous and is irrational and your certainty not being reasonable.
[1] http://www.erowid.org/chemicals/lsd/lsd_basics.shtml
[2] http://brown.edu/Student_Services/Health_Services/Health_Edu...
[3] http://www.erowid.org/chemicals/dmt/dmt_basics.shtml
[4] http://www.erowid.org/chemicals/mescaline/mescaline_basics.s...
[5] http://www.dartmouth.edu/~healthed/groups/dapa/otherdrugs/md...
[6] http://www.bbc.co.uk/news/world-latin-america-10681249
[8] http://www.beckleyfoundation.org/bib/doc/bf/2007_Caitlin_211...
[9] http://www.idt.pt/PT/IDT/Documents/Ponto_Focal/2009_National...
[10] http://www.beckleyfoundation.org/bib/doc/bf/2010_Caitlin_211...
[11] http://www.beckleyfoundation.org/bib/doc/bf/2010_Caitlin_211...
[12] http://www.cato.org/sites/cato.org/files/pubs/pdf/greenwald_...
[13] http://www.fda.gov/drugs/drugsafety/ucm239821.htm
[14] http://www.nbcnews.com/id/6089353/ns/health-addictions/t/alc...
[15] http://www.cdc.gov/tobacco/data_statistics/fact_sheets/fast_...
[16] http://www.guardian.co.uk/science/2012/dec/27/mdma-ecstasy-p...
[17] http://www.bbc.co.uk/news/health-17297714
[18] http://en.wikipedia.org/wiki/Naloxone
Edit: Some formatting and thanks to klearvue for bringing a prevalent spelling error to my attention. Sometimes I get ahead of myself.
Re: Bitcoin Black Market Competition Heats Up
#3010BTC says this is a DEA sting.
Even if the service is completely run by DEA/FBI/etc, taking the right precautions can help you stay anonymous. That's what's so beautiful about Tor, Bitcoin and PGP :)