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Maybe... or "The FBI can’t investigate terrorists and fraudsters due to budget cuts" http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/30/the-fbi-cant-inv

by Varcht 13y ago

Maybe... or "The FBI can’t investigate terrorists and fraudsters due to budget cuts" http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/30/the-fbi-cant-investigate-terrorists-and-fraudsters-due-to-budget-cuts/ http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/30/t... The FBI budget iirc is ~8 billion, if they get everything from silk road it could be over 10% of their budget.

icebraining 13y ago
The commissions earned by Silk Road were just shy of $80 million over more than two years. Where did you get $800 million from?
- deleted 13y ago
  [deleted]
  - dangrossman 13y ago
    There's a way to convey that information without the condescending tone.
  - eloff 13y ago
    You are aware that the other definition of billion is even larger right?
- Varcht 13y ago
  By some reports they were looking at 600,000 bitcoins[1], read some headlines today that bc was at $750[2], make more people comfortable with them... [1]FBI struggles to seize 600,000 Bitcoins from alleged Silk Road founder by Alex Hern http://www.theguardian.com/technology/2013/oct/07/fbi-bitcoin-silk-road-ross-ulbricht http://www.theguardian.com/technology/2013/oct/07/fbi-bitcoi... [2]Bitcoin hits $750, up 107% in a week By: John Phillips http://www.cnbc.com/id/101205416 http://www.cnbc.com/id/101205416
  - ars_technician 13y ago
    Some coins selling at $750 doesn't mean someone is willing to pay $750 for 600,000 coins.
    - Varcht 13y ago
      That's true now but legitimize it and get some real capital guarantees and that could change.