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Topic: All kinds of stuff for sale with BTC. we need to be careful (Read 2584 times)

mises

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Re: All kinds of stuff for sale with BTC. we need to be careful

August 15, 2013, 09:29:51 PM

#21

I'm pretty sure any attempts to sell alcohol or drugs over the internet through bitcoins would be shut down pretty quickly.

murraypaul

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Re: All kinds of stuff for sale with BTC. we need to be careful

August 15, 2013, 09:49:57 PM

#22

Quote from: desired_username on August 14, 2013, 03:22:36 PM

Quote from: J603 on August 14, 2013, 02:27:58 PM

You can buy meth and heroin off of SR. Who cares if some 11 year old gets drunk. He can go through his parents' liquor cabinet for that anyways.

And at this current time, drugs and gambling make up the bulk of the bitcoin economy, so blocking vices does more harm than good...

Whilst I agree with the first part, but I think you underestimate the number of people using bitcoin in legally accepted ways.

From when it started until the beginning of this month, Satoshi-Dice had been responsible for 54% of all Bitcoin transactions.
So I think it is a pretty safe statement that drugs and gambling make up the bulk of bitcoin transactions.
For the more general statement, it depends how you define economy.

BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB

rebuilder

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Re: All kinds of stuff for sale with BTC. we need to be careful

August 15, 2013, 10:00:09 PM

#23

OP: I'm not sure what, if anything, you're proposing. There's a long history of people coming up with policing measures like address blacklists etc., which I think you may find some readers here will assume you're talking about as well. It's not a popular idea, and anything even whiffing of reduced freedom on a protocol level gets people really agitated.

Maybe you're just making the point it pays to be prudent. That's entirely true, and worth keeping in mind, but I think it's kind of assumed any serious business will have enough self-preservation instincts to keep their names from being linked to anything illegal. The ones that don't, won't be around long.

As for keeping Bitcoin's image clean, ultimately there's not much any one here can do to stop illegal activity, so a better course of action is to work on building benign businesses.

Selling out to advertisers shows you respect neither yourself nor the rest of us.
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J603

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Re: All kinds of stuff for sale with BTC. we need to be careful

August 16, 2013, 01:39:22 PM

#24

Quote from: mises on August 15, 2013, 09:29:51 PM

I'm pretty sure any attempts to sell alcohol or drugs over the internet through bitcoins would be shut down pretty quickly.

Kuroth

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Re: All kinds of stuff for sale with BTC. we need to be careful

August 16, 2013, 02:08:50 PM

#25

Quote from: Darktongue on August 14, 2013, 03:41:39 AM

So no doubt each country has a laundry list of things that are a no no to have. I've noticed as of late lots of booze and contraband being sold around the "surface web".; ofcourse I figure some of these are straight up bait. Where as others are straight up fuck the man style listings.

When the party favor market was strictly tor based. One could argue it wasn't easy to buy. At the moment there are atleast a dozen listings alone on bitmit that are regularly controled by the US goverment. I understand that to block, censor or control the sale of anything with BTC takes away from a goal of the project. However I'd like to keep useing coins.

Ii feel if no community policeing is done someone else will attempt to do it for us. They won't be so nice about it and the penalty will apply to everyone. I propose we restrict ourselves from allowing contraband, booze or tobacco products in areas of the world they maybe controled in.

Long story short;

Don't make it easy for some 11 year old kid to fuck everything up buying party favors to get laid off bitmit

Very True..