Using the new Bitcoin ATM

[madfranks]

https://www.youtube.com/watch?v=PFqBtvLVRpY

https://www.youtube.com/watch?v=PFqBtvLVRpY

[osoab]

So the guy gave up his bio-metric data to a kiosk?

[EE_]

Cha ching!

Just think of the posibilities.
Drug cartels will no longer have to transport large sums of currency across borders.
Illegal arms dealers can collect anonymous payments
Wealthy people that have large sums of untaxed gains over-seas can repatriate their money without repercussions

[Blink]

The video looked like a "how to" class for idiots. Guy can barely follow directions (doesn't understand what he's doing), yet, turns his fiat into something even more confusing and obscure (and easily erasable). We're doomed.........

[Ares]

Cha ching!

Just think of the posibilities.
Drug cartels will no longer have to transport large sums of currency across borders.
Illegal arms dealers can collect anonymous payments
Wealthy people that have large sums of untaxed gains over-seas can repatriate their money without repercussions

All already done on the black markets in the deep web. Yep using Bitcoins.

[madfranks]

Just think of the posibilities.
Drug cartels will no longer have to transport large sums of currency across borders.

The cultivation and buying/selling of drugs is not a crime and should not be illegal.


Illegal arms dealers can collect anonymous payments

Buying/selling arms is not a crime and should not be illegal.


Wealthy people that have large sums of untaxed gains over-seas can repatriate their money without repercussions

Refusing to pay the extortionist who demands your money at the point of a gun is not a crime and should not be illegal.

So! What bitcoin is doing is allowing free people to exchange products and protect their wealth outside of the government's grasp.

[EE_]

The cultivation and buying/selling of drugs is not a crime and should not be illegal.
a. Unless the money is funding terrorists

Buying/selling arms is not a crime and should not be illegal.
a. unless those arms are supplying terrorists

Refusing to pay the extortionist who demands your money at the point of a gun is not a crime and should not be illegal.
a. Unless the money is being laundered from terrorists, drug cartels, terrorists.

So! What bitcoin is doing is allowing free people to exchange products and protect their wealth outside of the government's grasp.

I agree to a point, but these are the gov's laws and they have a lot of guns and power to put you away if you don't comply.

[Ares]

I agree to a point, but these are the gov's laws and the have a lot of guns and power to put you awaw if you don't comply.

Yep, most definitely agree. But that requires proof on their part. :)

[madfranks]

I agree to a point, but these are the gov's laws and they have a lot of guns and power to put you away if you don't comply.

I know, and I don't believe we've seen the government/bankers full on attack to destroy what is beginning to look like the biggest threat to their monopoly ever.