3 ms·

Translated to commonese: Bitcoin cashing out is simple. Use different zorblaxes to receive, use zirbasses program, use a yrblogging service or just buy a bank

Translated to commonese: Bitcoin cashing out is simple. Use different zorblaxes to receive, use zirbasses program, use a yrblogging service or just buy a bank to launder. Could also change into urine and cash them out

derefr 13y ago
I don't think these are supposed to be useful instructions prima facie; they're just a set of things you could look up and understand in ~30 minutes or so, and then use in 5. Sometimes the hardest part of solving a problem is just knowing that a solution exists and has a name you can google. Of course the names are all gibberish until you know what they mean; telling you "you can solve that math problem with eigenvectors" is gibberish, but it's exactly the missing link you need to go look up eigenvectors and see how they solve your problem. (For the case of "just start a front company to launder", though--I imagine that advice is directed toward people who are using Bitcoin for criminal activities anyway; fraudsters already have "start a front company" as a low-level primitive in their thinking, on the same level as "start an EC2 instance." You can ignore that one if you aren't in that "industry.")
- dobbsbob 13y ago
  Not really,, fraudsters use stolen identities and fake/and or stolen bank accounts to move money around, they wouldn't touch bitcoin, no need to. The banking sytem is insecure enough for all their needs. Go on any Russian fraud forum (simply google 'carding forum') such as infraud (google it) and you won't see bitcoins anywhere. They are using stacks of stolen prepaid visas, and networks of fradulent accounts, no reason to use coins. Edit: I voted you down accidentally, fail smartphone is fail.
  - dublinben 13y ago
    The completely public ledger of all transactions until the end of time (by design!) also makes BTC rather unattractive for serious criminals. They are much happier with digital currencies (like Liberty Reserve) which are designed to enable money laundering through and through.
dobbsbob 13y ago
Bitcoin wiki spells out exactly what to do: - avoid reusing addresses - keep inputs separated using separate wallets or coincontrol - use mixers This is coincontrol: https://bitcointalk.org/index.php?topic=144331.0 https://bitcointalk.org/index.php?topic=144331.0 Read the wiki: https://en.bitcoin.it/wiki/Anonymity https://en.bitcoin.it/wiki/Anonymity

derefr 13y ago

I don't think these are supposed to be useful instructions prima facie; they're just a set of things you could look up and understand in ~30 minutes or so, and then use in 5. Sometimes the hardest part of solving a problem is just knowing that a solution exists and has a name you can google. Of course the names are all gibberish until you know what they mean; telling you "you can solve that math problem with eigenvectors" is gibberish, but it's exactly the missing link you need to go look up eigenvectors and see how they solve your problem. (For the case of "just start a front company to launder", though--I imagine that advice is directed toward people who are using Bitcoin for criminal activities anyway; fraudsters already have "start a front company" as a low-level primitive in their thinking, on the same level as "start an EC2 instance." You can ignore that one if you aren't in that "industry.")

dobbsbob 13y ago
Not really,, fraudsters use stolen identities and fake/and or stolen bank accounts to move money around, they wouldn't touch bitcoin, no need to. The banking sytem is insecure enough for all their needs. Go on any Russian fraud forum (simply google 'carding forum') such as infraud (google it) and you won't see bitcoins anywhere. They are using stacks of stolen prepaid visas, and networks of fradulent accounts, no reason to use coins. Edit: I voted you down accidentally, fail smartphone is fail.
- dublinben 13y ago
  The completely public ledger of all transactions until the end of time (by design!) also makes BTC rather unattractive for serious criminals. They are much happier with digital currencies (like Liberty Reserve) which are designed to enable money laundering through and through.

dobbsbob 13y ago

Bitcoin wiki spells out exactly what to do: - avoid reusing addresses - keep inputs separated using separate wallets or coincontrol - use mixers This is coincontrol: https://bitcointalk.org/index.php?topic=144331.0 https://bitcointalk.org/index.php?topic=144331.0 Read the wiki: https://en.bitcoin.it/wiki/Anonymity https://en.bitcoin.it/wiki/Anonymity