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That Works
Jul 22, 2006

Every revolution evaporates and leaves behind only the slime of a new bureaucracy


Funny he seems to hint along these lines everytime he's in public now.

https://twitter.com/shannonrwatts/status/1419685073012412422?s=20

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Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.

That Works posted:

I think everyone's getting hung up on volumes of physical cash moving around when it's not really a question that:


1. That volume is far less than the total $$$ being transacted digitally each day.

2. Ergo our present currency is totally valid as a digital currency making one of the proposed advantages of bitcoin moot.

e: correct me if that's wrong.

You're right, and bitcoin provides no advantages period. loving :lol: 7 transactions per second for a currency foh clown.

Bitcoin is a speculative asset whose only actual use cases are criminal. In a world without legal cryptocurrency, most ransomware goes out the window. Crypto does nothing but facilitate crime and serve as a vehicle to move money from rubes' to whales' pockets.

I am not saying that people cannot make money with crypto. They can. Some people here probably have. I'm saying that it is all fraud built on scams, there is no reason for it to have any value at all, and it is doing actual harm to our planet. Bitcoin mining consumes more electricity than all green energy generated worldwide. In a just world it would be regulated out of existence.

Commoners
Apr 25, 2007

Sometimes you reach a stalemate. Sometimes you get magic horses.
I'm learning how to ATM crime itt

That Works
Jul 22, 2006

Every revolution evaporates and leaves behind only the slime of a new bureaucracy


https://twitter.com/ByYourLogic/status/1419843268276260865?s=20


My house is p much only going to have Ben and Jerry's at this point.

BIG HEADLINE
Jun 13, 2006

"Stand back, Ottawan ruffian, or face my lumens!"

That Works posted:

https://twitter.com/ByYourLogic/status/1419843268276260865?s=20


My house is p much only going to have Ben and Jerry's at this point.

"I want the freezer stocked full of Benjamin and Gerald's." :colbert:

"Don't you mean Ben & Jerry's, Colonel?" :confused:

"Not when you've known'em as long as I have, Charlie." :v:

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug


Pillbug

That Works posted:

Funny he seems to hint along these lines everytime he's in public now.

https://twitter.com/shannonrwatts/status/1419685073012412422?s=20

I fully expect he's on an FBI list somewhere for a while now.

Oxygenpoisoning
Feb 21, 2006

That Works posted:

https://twitter.com/ByYourLogic/status/1419843268276260865?s=20


My house is p much only going to have Ben and Jerry's at this point.

How dare the ice cream Jews attack the apartheid Jews! That’s anti Semitic!

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug


Pillbug
sometimes you need a good guy with....landscaping bricks? To stop a bad guy with a gun.

https://twitter.com/GenWmTSherman/status/1420034337567805459?s=20

Crab Dad
Dec 28, 2002

behold i have tempered and refined thee, but not as silver; as CRAB


FrozenVent posted:

You’re vastly underestimating how much money actually gets moved around electronically. A million bucks is nothing.

What’s to not understand? It’s a lot of money but it’s on paper/electronic. You can just add zeros to it and it’s bigger. Nothing else changes with handling it.

PookBear
Nov 1, 2008

TheWeedNumber posted:

Can you do a in-depth tutorial on money laundering too? Asking for a friend

You have a legal business that uses cash, say a restaurant. You have 10 tables per night, each paying $100. But you make up an 11th table and claim they paid with cash say $150 allowing you to 'wash' $150 worth of dirty money each day

The problem is that you are limited in how much money you can launder by what the business actually makes. A coin operated car wash that makes 10 million a year is going to be suspicious. With serious money you need things like real estate, art etc where its impossible to quantify their value. Buy real estate with clean money, wait five years, sell to a shady russian firm for 4x what you paid who buy it using the dirty money you give them.

PookBear fucked around with this message at 16:24 on Jul 27, 2021

PookBear
Nov 1, 2008

That Works posted:


My house is p much only going to have Ben and Jerry's at this point.

sticking it to the man buy giving money to people with a net worth of 150m

RFC2324
Jun 7, 2012

http 418

PookBear posted:

sticking it to the man buy giving money to people with a net worth of 150m

Unilever is only worth $150m?

Not that they don't have plenty of reasons to dislike them anyway

M_Gargantua
Oct 16, 2006

STOMP'N ON INTO THE POWERLINES

Exciting Lemon
If you're only washing 50k a year then you're the perfect target for law enforcement: Big enough for a conviction, small enough to be an easy target.

If you're washing 5M a year than you're moving product and supporting small business.

If you're laundering 500M a year then you're a proper business.

PookBear
Nov 1, 2008

RFC2324 posted:

Unilever is only worth $150m?

Not that they don't have plenty of reasons to dislike them anyway

ben & jerry are both worth about 150m each, but the company being owned by unilever is even funnier lmao

pantslesswithwolves
Oct 28, 2008

CommieGIR posted:

sometimes you need a good guy with....landscaping bricks? To stop a bad guy with a gun.

https://twitter.com/GenWmTSherman/status/1420034337567805459?s=20

I carry a Block 19 because its ceramic frame is undetectable by metal detectors. Never know when you’re going to have to dynamically engage a disruptive threat or tactically shore up a retaining wall.

Thwomp
Apr 10, 2003

BA-DUHHH

Grimey Drawer
Current Event: the select committee on the 1/6 attack is currently happening right now. Just moved into the question phase.

During the opening statement, one office recalled Trump’s very fine people throwing the n-word at him.

https://twitter.com/tpm/status/1420035316132499463?s=21

Cugel the Clever
Apr 5, 2009
I LOVE AMERICA AND CAPITALISM DESPITE BEING POOR AS FUCK. I WILL NEVER RETIRE BUT HERE'S ANOTHER 200$ FOR UKRAINE, SLAVA

PookBear posted:

sticking it to the man buy giving money to people with a net worth of 150m
I mean, there's plenty of actual performative corporate wokeness to be critical of, but this ain't it. Pulling the product out of the illegal settlements has sparked a backlash with real teeth from powerful folks in Israel and the US who are deeply invested in maintaining the slow-motion ethnic cleansing of Palestine and the folks making the decision at B&J had to know that it would.

I also made a point to pick up a couple pints of their ice cream on my last grocery run, because corporates do inform their decisions based on revenues. I won't stick with it because I'm a cheap bastard who's fine with store brand, but it's not impossible that other corporations will follow suit if the positive outweigh the negatives for their bottom lines.

Still need a federal BDS law to impose costs on apartheid, though.

RFC2324
Jun 7, 2012

http 418

PookBear posted:

ben & jerry are both worth about 150m each, but the company being owned by unilever is even funnier lmao

Yeah. The sanctions against B&J in Florida? They are also sanctioning Unilever. Wonder how thats gonna work out for them

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.
The 1/6 testimony is a must watch.

https://twitter.com/KlasfeldReports/status/1420042742504337414

stealie72
Jan 10, 2007
Trump supporter brain: "that officer is just an antifa deep state plant."

not caring here
Feb 22, 2012

blazemastah 2 dry 4 u

BIG HEADLINE posted:

"I want the freezer stocked full of Benjamin and Gerald's." :colbert:

"Don't you mean Ben & Jerry's, Colonel?" :confused:

"Not when you've known'em as long as I have, Charlie." :v:

It is 2021, and I just read a Scent of a Woman joke.

What a world.

Immanentized
Mar 17, 2009

PookBear posted:

You have a legal business that uses cash, say a restaurant. You have 10 tables per night, each paying $100. But you make up an 11th table and claim they paid with cash say $150 allowing you to 'wash' $150 worth of dirty money each day

The problem is that you are limited in how much money you can launder by what the business actually makes. A coin operated car wash that makes 10 million a year is going to be suspicious. With serious money you need things like real estate, art etc where its impossible to quantify their value. Buy real estate with clean money, wait five years, sell to a shady russian firm for 4x what you paid who buy it using the dirty money you give them.

Frankly the more efficient way to do it is to have complementary and nested businesses geographically close to one another-
Say a nail salon, a barber shop, a laundromat and a dry cleaners. The nail salon and barbershop.get their capes dry cleaned, the laundromat buys change from the other businesses and all of them serve a community need.

Best part is- they're all cash heavy with lower overhead costs compared to food service.

Note: I teach risk and fraud analysis management, so this is an academic example not a practical one.

Hyrax Attack!
Jan 13, 2009

We demand to be taken seriously

Immanentized posted:

Frankly the more efficient way to do it is to have complementary and nested businesses geographically close to one another-
Say a nail salon, a barber shop, a laundromat and a dry cleaners. The nail salon and barbershop.get their capes dry cleaned, the laundromat buys change from the other businesses and all of them serve a community need.

Best part is- they're all cash heavy with lower overhead costs compared to food service.

Note: I teach risk and fraud analysis management, so this is an academic example not a practical one.

How well does that thing from movies work when bank robbers take like a $100k to a casino, play for a few hours and maybe lose $5k, then cash out their chips? Or is that not really money laundering?

ASAPI
Apr 20, 2007
I invented the line.

Hyrax Attack! posted:

How well does that thing from movies work when bank robbers take like a $100k to a casino, play for a few hours and maybe lose $5k, then cash out their chips? Or is that not really money laundering?

100k cashing out requires tax forms. That will raise some questions.

Handsome Ralph
Sep 3, 2004

Oh boy, posting!
That's where I'm a Viking!



The clip of Fanone's body cam when he was getting carried out after he had a heart attack was equal parts :stare: and :smith:

maffew buildings
Apr 29, 2009

too dumb to be probated; not too dumb to be autobanned
I really wish I had any faith this was going to result in any consequences for the Congress members who helped make this happen, but I'm going to just brace for Decorum Hard: Decorum Harder

bird food bathtub
Aug 9, 2003

College Slice

Handsome Ralph posted:

The clip of Fanone's body cam when he was getting carried out after he had a heart attack was equal parts :stare: and :smith:

Fan-who? Liberal deep state antifa double reverse false flag crypto-Marxist crisis actors is all I'm seeing. Strong Daddy says it was peaceful tourists everything else is lies.

That Works
Jul 22, 2006

Every revolution evaporates and leaves behind only the slime of a new bureaucracy


PookBear posted:

sticking it to the man buy giving money to people with a net worth of 150m

Sure it's dumb ~virtue signaling~ but I really like Ben and Jerry's stuff and buying a thing I am gonna get anyway from someone who is pissing off chuds is fine with me. I live in New England so B&J's is already ubiquitous, not goin out of my way or anything.

Proud Christian Mom
Dec 20, 2006
READING COMPREHENSION IS HARD
I'm convinced every car wash is a money laundering op

Stultus Maximus
Dec 21, 2009

USPOL May
https://twitter.com/kenklippenstein/status/1419815501014855684

lol

facialimpediment
Feb 11, 2005

as the world turns
the secret has been revealed

https://twitter.com/EDNYnews/status/1420077031740612612

BIG HEADLINE
Jun 13, 2006

"Stand back, Ottawan ruffian, or face my lumens!"

Proud Christian Mom posted:

I'm convinced every car wash is a money laundering op

Car washes, hair/nail salons, bad-to-average carry out places, and ironically, actual laundromats.

Coincidentally the exact type of places that inhabits practically every nearly-deserted strip mall in the Hampton Roads/Virginia Beach area. :thunk:

Bored As Fuck
Jan 1, 2006
Fun Shoe

Someone buy it then release it for free.

CBJSprague24
Dec 5, 2010

another game at nationwide arena. everybody keeps asking me if they can fuck the cannon. buddy, they don't even let me fuck it

The cognitive dissonance inside the empty heads of the people who thought January 6th was a good thing but also do the Blue Lives Matter, etc. schtick must be a hell of a thing.

"We support our law enforcement BUT ALSO ARE PRESIDENT DONE HAD THIS ELECTION STOLED FROM HIM AND HE SAYS TO BURN IT DOWN SO..."

That Works posted:

Funny he seems to hint along these lines everytime he's in public now.

https://twitter.com/shannonrwatts/status/1419685073012412422?s=20

How long until the inevitable walkback as part of the Trumpers' "Say what we really think, then downplay it in a couple days" strategy?

Hekk
Oct 12, 2012

'smeper fi

Bored As gently caress posted:

Someone buy it then release it for free.

I’d be down for a new Wu Tang album.

Sacrist65
Mar 24, 2007
Frunnkiss
Flynn's descent into madness has a real "comic book villian origin story" thing going on

BIG HEADLINE
Jun 13, 2006

"Stand back, Ottawan ruffian, or face my lumens!"

Sacrist65 posted:

Flynn's descent into madness has a real "comic book villian origin story" thing going on

That's giving him way more credit than he's due.

From the moment he was initially forced into retirement he's had a price tag around his neck and has been taking all buyers and comers.

Cugel the Clever
Apr 5, 2009
I LOVE AMERICA AND CAPITALISM DESPITE BEING POOR AS FUCK. I WILL NEVER RETIRE BUT HERE'S ANOTHER 200$ FOR UKRAINE, SLAVA
It would be great if we got as proper, non-exploitative public banking system in the US, but the predatory payday lenders and even the sightly more legit banks have way too much influence for such to ever get through. I dream of a national ID system that proactively enrolls and issues IDs to all residents, with the IDs linked to basic bank accounts so no one has to ever touch cash again. Would completely undercut a whole swathe of businesses that are based exclusively on out-and-out exploration of their "customers".

And, sure, if the Nazis gained power it could be exploited horribly, but the same is true of every aspect of government. I'd rather have a government that actively attempts to meet its citizens need, even if I have to fight extra hard to keep Nazis out of power, than to throw my hands in the air and say we can never have nice things else the Nazis might use them against us.

Sacrist65
Mar 24, 2007
Frunnkiss

BIG HEADLINE posted:

That's giving him way more credit than he's due.

From the moment he was initially forced into retirement he's had a price tag around his neck and has been taking all buyers and comers.


Maybe. He was also fired for incompetence at the director level, which is embarrasing as hell.

He's more "socks with sandals" than Colonel Kurtz so he's more likely to shill gold coins on Newsmax to pay for his idiot son's lawyers than anything of significance.

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RFC2324
Jun 7, 2012

http 418

Cugel the Clever posted:

It would be great if we got as proper, non-exploitative public banking system in the US, but the predatory payday lenders and even the sightly more legit banks have way too much influence for such to ever get through. I dream of a national ID system that proactively enrolls and issues IDs to all residents, with the IDs linked to basic bank accounts so no one has to ever touch cash again. Would completely undercut a whole swathe of businesses that are based exclusively on out-and-out exploration of their "customers".

And, sure, if the Nazis gained power it could be exploited horribly, but the same is true of every aspect of government. I'd rather have a government that actively attempts to meet its citizens need, even if I have to fight extra hard to keep Nazis out of power, than to throw my hands in the air and say we can never have nice things else the Nazis might use them against us.

physical cash is good because you maybe don't want the government to be able to track all your transactions.

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