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Comment Re:huh? (Score 1) 78

That would be a guess. All LE, or anyone without inside access to Silk Road, could see is the funds going to the Silk Road wallet. Beyond that, there's no way to tell AFAIK. If the sender buys something, they could do it immediately, or not. They could wait months, with the coins there on their SR account. They might not even buy anything, they might just be using SR as a mixer service and withdraw to a different address to break the connection between themselves and their bitcoins.

Comment Re:idiots. (Score 2) 77

"Additionally, the government would not authorize us to separate NSLs from other government data requests or to express the NSLs that we have received, if any, as a range from 0 to 1,000" Did Yahoo just circumspectly say they have received between 0 and 1,000 National Security Letters?

Comment Re:SEC has lost (Score 4, Insightful) 425

I don't know where you get your information from. Shavers took deposits in bitcoins, promising to pay out again in bitcoins, with 7% or so weekly interest. The payouts went out for quite some time, presumably funded by new deposits, and then Shavers simply did a runner with the bitcoins he had accumulated. So it was very much a classic Ponzi scam.

Comment Re:This is just fear-mongering itself. (Score 1) 668

That's what happens in an outbreak - a transmissible disease gains sufficient foothold in a community to spread wider than it usually does. It doesn't happen all the time, otherwise it wouldn't be unusual. Herd immunity provides protection when circumstances otherwise would conspire to allow for a disease to suddenly spread across a population.

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