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Old 12-11-2013, 09:01 AM  
halfpint
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Join Date: Jun 2007
Location: UK
Posts: 15,223
Quote:
Originally Posted by AdultKing View Post
How will you pay for your infrastructure ? How will you pay your uploaders ? How will you transact in the real world ?

At some point you're going to need to use regular financial systems to effect payments somewhere and it will be at that point we will get you.

There are also many other ways to mitigate your activities, we can get your hosting killed and we can get your domain seized. You can also be investigated for tax evasion or money laundering if income is not declared.
You can pay your users via Bitcoin, You can buy domains using Bitcoin, You can buy hosting using Bitcoin, hell you can be totaly legal using only bitcoins and there are legit companys using Bitcoins. It would be very very easy to run a site using only bitcoins and still be able to exchange it for real money whether its done on an exchange or sold on "the streets" by meeting people face to face, or sold through ebay, or by buying goods with Botcoins and reselling them.

So you have the power to sieze domians and you can investigate peoples taxes ... How many domains have u had siezed so far and how many people have you investigated for tax evasion and money laundering ? I think you are talking out of your ass because you would have no legal right to investigate peoples taxes or have thier domains siezed lol.

Unfortunatly the whole filelocker and torrent scene is evolving and yes it sucks to see filelockers and torrents using Bitcoin now but it was bound to happen in the end.
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