Luke's 7k Post: A baller's bitcoin biz plan


bitcoin.

KtIcXyL.gif

​
 


lukep said:
For all of you worried about FINCen and money laundering; we're simply talking about buying and selling bitcoins.

There is no network of laundering other than the bitcoin network itself... So they can't come after you unless they make bitcoin illegal.

How likely is that? Well... U.S. Agencies to say Bitcoins Offer Legitimate Benefits - Bloomberg
Click to expand...

Not true. In the good ol USA its felony to engage in money transmission without a license in any state that require a license to operate.

In the example you provided bitcoin is being used as a payment instrument and as such its regulated
 
guerilla said:
It was only a matter of time until the milestone threads became about stuff the OP hasn't done yet.
Click to expand...
7K man; This is like my 8th or 9th milestone thread... Gets a bit hard coming up with all this awesome material for you freeloaders...




SLO Ur Roll said:
Not true. In the good ol USA its felony to engage in money transmission without a license in any state that require a license to operate.
Click to expand...
If you are worried, please take your concern to FINCEN. They have been well informed for a long time now that bitcoin is a payment network as well as a currency. I've heard them say exactly that on national TV.

If bitcoin is legal, you have a green light to buy it and sell it anywhere you please.

If bitcoin is illegal, you have a green light to buy it and sell it anywhere but in that one backwards, innovation-destroying, talent-leaking country. Just avoid that one until it gives in.
 
So how's business Lukep? Has it recovered yet from that slump after Adsense killed all your accounts? You should focus on that rather than fantasizing about this unlicensed money changing business. Anyone serious about this would need to talk to a lawyer because licensing for running a money changing business varies from state to state. You need to keep really good paperwork at the very least to protect yourself from money laundering laws. Do you disagree with that?
 
It's pretty scary that I a similar thought to this not 2 days ago. Why am I thinking along the lines as Lukep?
 
  • Like
Reactions: Pheasant
your business plan is to move into some brics country, mess with the first worlds big government agencies who can just haul your ass into jail, western union whove got enough funds to run you out of town and the local organized crime structures that take your business over as soon as its gon be profitable? youre going to tell them that they cant do shit because blockchain, right?
 
lukep said:
7K man; This is like my 8th or 9th milestone thread... Gets a bit hard coming up with all this awesome material for you freeloaders...
Click to expand...
I will give you this. Even though I think you are nuts, you get full marks for being resolute.
 
wayn3 said:
your business plan is to move into some brics country, mess with the first worlds big government agencies who can just haul your ass into jail, western union whove got enough funds to run you out of town and the local organized crime structures that take your business over as soon as its gon be profitable? youre going to tell them that they cant do shit because blockchain, right?
Click to expand...

bWl04oy.jpg
 
the zetas will fuck you nerds up in a heartbeat

they're not just in mx btw, all over South America too

good luck
 
You must log in or register to reply here.
Top Bottom