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This, I almost did a spittake when I saw the Silk Road mentioned. Just salty that 50k wasn’t in the pile they got out of the ordeal to begin with.

ratg13 4y ago
If you set up an online marketplace and thieves come in and siphon your money away.. they should get to keep it, because “finders keepers”?
- ttoinou 4y ago
  Because you sent them the cryptos on a voluntary basis. If you made an error, you can nicely ask them back, but they can nicely refuse. There is no notion of property, who owns the keys owns the management of the coins
  - imtringued 4y ago
    That is just your opinion. >If you made an error, you can nicely ask them back, but they can nicely refuse. How can you not see that "nicely" refusing is against the law after you have been prosecuted? You might argue that if someone sends you money you don't want, you only have to send it back once they get a warrant by a court but that isn't the problem here.
  - ratg13 4y ago
    It doesn't seem like you're grasping the definition of "voluntary"
    - ttoinou 4y ago
      Mistakes happen
      - ratg13 4y ago
        Of course mistakes happen .. but if you're making voluntary mistakes .. then you've got bigger problems than what we are discussing here.
        ttoinou 4y ago
        If you can always decide a posteriori your actions were not voluntary then there is no definition of voluntary
  - ngetchell 4y ago
    Money laundering is a crime too you know.
    - ttoinou 4y ago
      Bitcoins transactions are public, duh
imtringued 4y ago
Now I understand why money laundering regulations are so painful. I didn't expect money laundering to be publicly endorsed on HN but here we are. At least it's reassuring to not have to speculate on moral decay. You are aware that criminal enforcement is a game of chance where you can never be sure what fish you're catching next? There is no such thing as "being salty" that would make the process any easier. When a criminal fails to cover his he gets found, it is that simple.
- Our_Benefactors 4y ago
  I don't know how you got an endorsement of money laundering out of my post. I was amused by the snafu, nothing more.

ratg13 4y ago

If you set up an online marketplace and thieves come in and siphon your money away.. they should get to keep it, because “finders keepers”?

ttoinou 4y ago
Because you sent them the cryptos on a voluntary basis. If you made an error, you can nicely ask them back, but they can nicely refuse. There is no notion of property, who owns the keys owns the management of the coins
- imtringued 4y ago
  That is just your opinion. >If you made an error, you can nicely ask them back, but they can nicely refuse. How can you not see that "nicely" refusing is against the law after you have been prosecuted? You might argue that if someone sends you money you don't want, you only have to send it back once they get a warrant by a court but that isn't the problem here.
- ratg13 4y ago
  It doesn't seem like you're grasping the definition of "voluntary"
  - ttoinou 4y ago
    Mistakes happen
    - ratg13 4y ago
      Of course mistakes happen .. but if you're making voluntary mistakes .. then you've got bigger problems than what we are discussing here.
      - ttoinou 4y ago
        If you can always decide a posteriori your actions were not voluntary then there is no definition of voluntary
- ngetchell 4y ago
  Money laundering is a crime too you know.
  - ttoinou 4y ago
    Bitcoins transactions are public, duh

imtringued 4y ago

Now I understand why money laundering regulations are so painful. I didn't expect money laundering to be publicly endorsed on HN but here we are. At least it's reassuring to not have to speculate on moral decay. You are aware that criminal enforcement is a game of chance where you can never be sure what fish you're catching next? There is no such thing as "being salty" that would make the process any easier. When a criminal fails to cover his he gets found, it is that simple.

Our_Benefactors 4y ago
I don't know how you got an endorsement of money laundering out of my post. I was amused by the snafu, nothing more.