Ninja Ace

Wheeeee patent pending box of fun

blog.flopdroppoker.com

The basic theorem is holdem is boring but lolmaha is too hard


Something about if you build it they will come. I'll try to give weekly entries there myself a shot for those of you wondering what actually goes into building a casino. Watch out pstars!

bigcoled, on 20 December 2012 - 02:15 PM, said:

+1

But, criminals need to learn to be smart imo.

CobaltBlue, on 19 December 2012 - 03:26 PM, said:

And right here lies the entire problem with why you don't understand why it's laundering. It doesn't matter if you don't think it's dirty money. It doesn't matter if I think we should have the freedom to do whatever with money. It doesn't matter if it's flat out morally right or wrong. What matters, and all that matters, when figuring out if something is legal, are the laws and definitions currently in place.

Thinking anything else is a huge huge huge error in reasoning. What's right/wrong is not even close to equivalent to what's legal/illegal. It's a broken country, get used to it or join the pissed off masses contemplating revolution.

And yes, the moment you change that bitcoin you got back from the poker room into real dollars into your bank account, you have laundered money since *you* tricked the bank into processing funds from an original source it is not allowed to process from. So, while playing on FT and PS was fine for the players since we were not the ones responsible for tricking the banks, this operation makes *you* assume the liability. Now, it certainly decreases the odds of you getting caught. However, be aware that you are indeed breaking the law once you spend those bit coins on United States goods or currency, and weigh the risk/reward.

CobaltBlue, on 13 December 2012 - 04:22 AM, said:

Is this an extreme level?

The U.S. government said our banks couldn't do business with offshore unliscensed gambling institutions. They put their foot down on black friday, and somehow you think a "decentralized anonymous currency" magically makes it better? No, it doesn't, you're just using an obfuscated 3rd party in the middle of the transaction. Laundering. Period. The people who are interested in bitcoins are primarily:

people looking to wash money
people doing illegal things with money
greedy mother****ers

We have enough problems as is with government backed currency, let alone completely anonymous people with no checks and balances, no matter how solid their cryptography is.

Educate yourself on money a little bit:


Debt = Money

CobaltBlue, on 12 December 2012 - 12:04 AM, said:

http://lmgtfy.com/?q...oney laundering