4 ms·
A "money censorship problem" is the funniest unintentional euphemism for money laundering I've seen in a while, congrats.
by facetube 8y ago
A "money censorship problem" is the funniest unintentional euphemism for money laundering I've seen in a while, congrats.
- retrogradeorbit 8y agoSo credit card companies cutting off people trying to donate their own money to wikileaks is now preventing 'money laundering'. Good one.
- facetube 8y agoWikileaks? Yeah, it actually is. Try picking an organization that didn't participate in criminal activity in 2016 and isn't holed up in an Embassy trying to evade arrest.
- AlexCoventry 8y agoHow about sci-hub? http://sci-hub.tw/#about http://sci-hub.tw/#about
- repolfx 8y agoNeither of those things are true. The question in my mind is, do you know that, or are you just repeating garbled information you've heard elsewhere?
- facetube 8y agoThen cite evidence.
- repolfx 8y ago"Wikileaks" is an organisation, it can't be holed up anywhere. Assange is in the embassy for reasons that are officially speaking unrelated to Wikileaks - unless of course, you agree with him that he's being persecuted for his Wikileaks work via false sexual assault allegations? Whichever it is, if he'd done illegal things presumably there'd be an open case against him for those things but there isn't. Even the sex charges were dropped (they'd have never survived court anyway, hence the paranoia). Now he's simply stuck because of his prior attempts to evade arrest.
- mseebach 8y agoNo, that's just spending legal money on alleged illegal activity. Laundering is making illegal money look legal, to enable eg an embezzler or a drug cartel to participate in the formal economy.
- facetube 8y agoExcept for the fact that you can conceal the source of the cryptocurrency asset, then the recipient can exchange it for clean money. That's textbook money laundering. Can you tell me how much of Wikileaks' donations come straight from international organized crime? No, and I can't either.
- AlexCoventry 8y agoResort to bitcoin for WL donations had nothing to do with money laundering. People were cut off from donating by credit card companies and banks disabling WL accounts under pressure from the State Department. It still wasn't illegal to donate to them, and bitcoin donations can be explained without bringing intent to conceal into it.
- needToSay 8y agoStop spreading malinformation nigger
- EGreg 8y agoTell that to the people of Cyprus
- pjc50 8y agoThe reason why Cyprus got a "bailin" rather than a bailout (liquidity extension from central bank) is precisely because the place has a reputation for money laundering, e.g. https://euobserver.com/justice/139688 https://euobserver.com/justice/139688
- EGreg 8y agoSo when banks freeze funds eg in Argetina or Venezuela this is because of money laundering prevention, never any other factors like um I dunno, money supply issues? :)
- pjc50 8y agoCyprus, like all the Eurozone countries, traded away the currency right of issuance to the ECB in return for the stability of the Euro, in much the same way as some countries "dollarised" to get away from exchange rate fluctuations. The Argentine and Venezuelan situations had a different cause: the economies had tried to peg to the dollar, but that requires capital controls in crisis situations to avoid capital flight. In each case the fundamental problem is that a country can't print other countries' money; either they have to accept (a) the possibility of a bank run or (b) the possibility of a floating currency dramatically changing in purchasing power. Bitcoin solves (a), IF AND ONLY IF people hold their own bitcoins rather than using exchanges. Bitcoin and gold advocates tend to avoid talking about problem (b) or pretend a rapid shift in purchasing power can't happen in the presence of a fixed money supply, which is contradicted by history.
- pas 8y agoHow do you launder money with Bitcoin that you were unable before?