Comments on: BitCoin updates for 31/03/2011 http://v1.ripper234.com/p/bitcoin-updates-for-31032011/ Stuff Ron Gross Finds Interesting Sun, 02 Aug 2015 11:03:35 +0000 hourly 1 https://wordpress.org/?v=4.5.3 By: ripper234 http://v1.ripper234.com/p/bitcoin-updates-for-31032011/comment-page-1/#comment-3450 Fri, 01 Apr 2011 12:54:53 +0000 http://v1.ripper234.com/?p=1435#comment-3450 I’m not familiar with the specifics of mail orders, so it might be possible or not. One method that I saw proposed is using geo-caching. The seller stashes the drugs at a random desreted location, notes the GPS coordinates, and sends them to the buyer, who later goes to pick them up, without any direct contact between seller and buyer.

There’s a lot of idealogy involved in some of the bitcoin threads, it might be some of the reasons that led to it’s creation. Still, it’s just a tool, and there are plenty of not-ideological (or not radical) people involved with bitcoin.

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By: Anna http://v1.ripper234.com/p/bitcoin-updates-for-31032011/comment-page-1/#comment-3449 Fri, 01 Apr 2011 05:26:18 +0000 http://v1.ripper234.com/?p=1435#comment-3449 Does not sound reasonable. Packages are usually traceable, and if the mail service does open them, they will easily reach the source of the drugs – i.e. the store gets busted.
Even if the “send to two random people” thing is done, the police can find that you were receiving drugs, and follow you in the future, should you decide to order more.

I am not convinced.
On the other hand, I don’t really know how the drug business works, maybe it is as easy to catch somebody dealing drugs in person.

I read some of the thread. These guys are real anarchists. Amusing.

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By: ripper234 http://v1.ripper234.com/p/bitcoin-updates-for-31032011/comment-page-1/#comment-3442 Thu, 31 Mar 2011 12:12:09 +0000 http://v1.ripper234.com/?p=1435#comment-3442 @Anna – see this thread for a detailed discussion.
https://www.bitcoin.org/smf/index.php?topic=175.0

The mail service cannot check the contents of each package. Since shopping with BTC is much cheaper, because there is no middleman, a drug dealer can afford two copies of each package – one to the recipient, and one to a random address. This way, the mere act of receiving drugs will not implicate you. Let’s assume the mail busts 5% of the packages. For these cases, the customer (who doesn’t receive the package) complains to the drug store, who will issue a refund (another 5% cut in efficiency – still a hell of a lot more efficient than existing distribution methods).

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By: Anna http://v1.ripper234.com/p/bitcoin-updates-for-31032011/comment-page-1/#comment-3441 Thu, 31 Mar 2011 11:49:40 +0000 http://v1.ripper234.com/?p=1435#comment-3441 I wonder about the drug store – how do they ship the LSD to you? – I doubt that Israel Mail or UPS will agree to ship it 🙂

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