Re:An Extortionist Has Been Making Life Hell for Bitcoin’s E...
by Retric on Monday December 29, 2014 @12:25PM
(#8810717)
Try and launder a 1Billion to 10 Billion dollor transaction with bitcoin and that's going to fall flat.
PS: For comparison you can fedex ~170,000$ worth of gold in a vary inconspicious 15 LB box. Shipping ~60,000 lb of gold (1Billion$) is much easier to track and more risky.
Re:An Extortionist Has Been Making Life Hell for Bitcoin’s E...
by samatman on Monday December 29, 2014 @01:00PM
(#8810897)
There is no possible way to make gold inconspicuous. The density simply prohibits it: gold reflects easy-to-send parts of the EM spectrum that most anything else will pass.
Re:An Extortionist Has Been Making Life Hell for Bitcoin’s E...
by Retric on Monday December 29, 2014 @01:23PM
(#8811008)
Your assuming there is a test in place to detect gold in FedEx packages. That's not acutally a hard thing to test and I would be interested in the results.
PS: For comparison you can fedex ~170,000$ worth of gold in a vary inconspicious 15 LB box. Shipping ~60,000 lb of gold (1Billion$) is much easier to track and more risky.