[cryptome] Re: who wants to buy Silk Road bitcoins? List leaked

  • From: doug <douglasrankine2001@xxxxxxxxxxx>
  • To: cryptome@xxxxxxxxxxxxx
  • Date: Fri, 20 Jun 2014 22:08:29 +0100

Part of the process of controlling the likes of Bitcon is for a state to recognise it as a legitimate currency or a legitimate way of exchanging value. Those who trade in it are then licenced and make declarations of transactions as part of their business or commercial activities to the authorities of the particular nation state involved...(except in those countries where the state is not quite so sophisticated or doesn't have the wealth and resources to spend on it. They have to make returns to the appropriate authority such as the Inland Revenue or other such tax authorities. As part of the process, their declaration of income, expenditure from using it has to be declared to the authorities and if it is above a certain amount, then a tax or taxes has to be paid on it. The fact that a person or business is licenced, means that the state authorities know about it and can, if they wish to target for a multiplicity of reasons, be it fraud or national security...set up an operation to gather all information, traffic analysis and other metadata surreptitiously...or through one of the various laws and methods which allow them to gather such data, legally, whether secretly or openly. They, the State, often have the powers to make the individual hand over all the information they have on various transactions, so that they can, in the name of the taxpayer or otherwise, build up patterns of trading etc. It is not unknown for the State to use informers such as Sabu to gather information on others of like ilk in return for a reduction of charges or sentence.


There is also plenty of open software around which can do this kind of job, though the authorities may have their own, specialist software. There are various reports and research projects which one can find on Cryptome which show how this information can be gathered, correlated and co-ordinated so that a network of individuals, corporations or other contacts can be built. Often the metadata and the traffic analysis can reveal more than the content. One has only to look at Google or Facebook to see how simple and sophisticated this data mining can be.

The question is, it seems to me, is... is whether it is "better" to be "legitimate" or live in the grey area believing in some illusion about security and anonymity. It is for that reason that my own belief...or is it faith, or is it gut reaction, instinct or some other unscientific urge, which does not accept that TOR or Bitcon are as anonymous as some would have us believe...Perhaps I am paranoid...and in denial...

My dilemma is what is the advantage for me to use Bitcon or TOR rather than conduct my every day affairs and business using software such as proprietory or oen source software such as that from the Linux fraternity. Someone, a while back, encouraged me to move over to Linux because it was better and more secure. Snowden has larrupped that view. Linux may or may not be more secure, I don't have the knowledge and experience to know, but I do know that it also has its share of bugs and insecurities, the main one being from those of us who are learning how to use it!
ATB
Dougie.

On 20/06/14 21:11, Aftermath wrote:
Many of those on the leaked list are bitcoin exchanges (bitcoins reserve, digitalbtc, bitcoinshop, secondmarket etc) so little intelligence can be gained from that as they are legitimate bitcoin vendors. The same cannot be said about the others on the leaked list


On Fri, Jun 20, 2014 at 12:27 PM, doug <douglasrankine2001@xxxxxxxxxxx <mailto:douglasrankine2001@xxxxxxxxxxx>> wrote:

    Dear Speedydelivery,
    You may think you are unsubscribed...but it you are still
    receiving postings, unless they are coming privately...then you
    are not unsubscribed.
    Do you know how to unsubscribe?
    ATB
    Dougie.


    On 20/06/14 20:05, speedydelivery72@xxxxxxxxx
    <mailto:speedydelivery72@xxxxxxxxx> wrote:
    Sorry unsubscribed.

    Sent from my iPhone

    On Jun 20, 2014, at 2:43 PM, Aftermath
    <aftermath.thegreat@xxxxxxxxx
    <mailto:aftermath.thegreat@xxxxxxxxx>> wrote:

    a few days old; just came across the list now on the verge website:

    
http://www.theverge.com/2014/6/19/5825578/heres-a-list-of-who-wants-to-buy-silk-roads-bitcoins-leaked-by-a-us

    Daniel Folkinshteyn, assistant professor at Rowan University
    Malcolm Oluwasanmi, chairperson of Little Phoenix Investment Group
    Fabrice Evangelista, quantitative arbitrage at BNP Paribas
    Michal Handerhanm, co-founder and COO of Bitcoin Shop
    Dave Goel, managing general partner of Matrix Capital Management
    Dinuka Samarasinghe, investment professional
    Chris DeMuth Jr., Rangeley Capital
    Fred Ehrsam, co-founder, Coinbase
    Jonathan Disner, corporate counsel at DRW Trading Group
    William Brindise, head investment manager at DigitalBTC
    Michael Moro, director at SecondMarket
    Jennifer R. Jacoby, lawyer at WilmerHale
    Sam Lee, co-founder, Bitcoins Reserve
    Shem Booth-Spain, artist and musician
    Avarus Corporation



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