VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS31.98%
Net Worth
5.074USD
STEEM
0.001STEEM
SBD
8.883SBD
Own SP
13.965SP
Detailed Balance
| STEEM | ||
| balance | 0.001STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 13.965SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 0.000SP | SP |
| Effective Power | 13.965SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 8.883SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.001 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "22714.288596 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "0.000000 VESTS",
"sbd_balance": "8.883 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | libertarian-cop |
| id | 166005 |
| rank | 103,988 |
| reputation | 108525387584 |
| created | 2017-05-21T00:09:06 |
| recovery_account | steem |
| proxy | None |
| post_count | 9 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2017-05-26T12:08:42 |
| last_root_post | 2017-05-26T12:08:42 |
| last_vote_time | 2018-01-31T19:53:15 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.001 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 8.883 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 22714.288596 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 0.000000 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2017-05-24T22:04:21 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 2017-12-24T23:06:18 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"active": {
"account_auths": [],
"key_auths": [
[
"STM7n4JDe2SaZX7BcZwjMz8R4EbktNps1dEzx6rKG6BMCsQ6juHsJ",
1
]
],
"weight_threshold": 1
},
"balance": "0.001 STEEM",
"can_vote": true,
"comment_count": 0,
"created": "2017-05-21T00:09:06",
"curation_rewards": 0,
"delegated_vesting_shares": "0.000000 VESTS",
"downvote_manabar": {
"current_mana": "5678572149",
"last_update_time": 1588939443
},
"guest_bloggers": [],
"id": 166005,
"json_metadata": "{\"profile\":{\"name\":\"The Libertarian Cop\",\"profile_image\":\"http://images.wisegeek.com/usconstitution.jpg\"}}",
"last_account_recovery": "1970-01-01T00:00:00",
"last_account_update": "2017-05-24T22:04:21",
"last_owner_update": "1970-01-01T00:00:00",
"last_post": "2017-05-26T12:08:42",
"last_root_post": "2017-05-26T12:08:42",
"last_vote_time": "2018-01-31T19:53:15",
"lifetime_vote_count": 0,
"market_history": [],
"memo_key": "STM5cNvTpuYiQYLAwXM1qhnUmLKz4Hi2XhgDdQ8P7jRXmoxSszDmy",
"mined": false,
"name": "libertarian-cop",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"other_history": [],
"owner": {
"account_auths": [],
"key_auths": [
[
"STM8WbiPhpMx2PQgcbB7PuLMKQRbBF5xcmxJwNMz8QjQo62cTkZjr",
1
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],
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},
"pending_claimed_accounts": 0,
"post_bandwidth": 0,
"post_count": 9,
"post_history": [],
"posting": {
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"key_auths": [
[
"STM6wQ32spVJRmSHL6ujh76d7uVZMeinXo5t8sbYGjGzrFtGedXWQ",
1
]
],
"weight_threshold": 1
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"posting_json_metadata": "{\"profile\":{\"name\":\"The Libertarian Cop\",\"profile_image\":\"http://images.wisegeek.com/usconstitution.jpg\"}}",
"posting_rewards": 19922,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"proxy": "",
"received_vesting_shares": "0.000000 VESTS",
"recovery_account": "steem",
"reputation": "108525387584",
"reset_account": "null",
"reward_sbd_balance": "0.000 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "0.000000 VESTS",
"reward_vesting_steem": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"sbd_balance": "8.883 SBD",
"sbd_last_interest_payment": "2017-12-24T23:06:18",
"sbd_seconds": "0",
"sbd_seconds_last_update": "2017-12-24T23:06:18",
"tags_usage": [],
"to_withdraw": 0,
"transfer_history": [],
"vesting_balance": "0.000 STEEM",
"vesting_shares": "22714.288596 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"vote_history": [],
"voting_manabar": {
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"last_update_time": 1588939443
},
"voting_power": 0,
"withdraw_routes": 0,
"withdrawn": 0,
"witness_votes": [],
"witnesses_voted_for": 0,
"rank": 103988
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
steemdelegated 0.000 SP to @libertarian-cop2020/05/08 12:04:03
steemdelegated 0.000 SP to @libertarian-cop
2020/05/08 12:04:03
| delegatee | libertarian-cop |
| delegator | steem |
| vesting shares | 0.000000 VESTS |
| Transaction Info | Block #43196326/Trx 8e3f11f876485686b232e14ce9afbd19a8f84d13 |
View Raw JSON Data
{
"block": 43196326,
"op": [
"delegate_vesting_shares",
{
"delegatee": "libertarian-cop",
"delegator": "steem",
"vesting_shares": "0.000000 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-08T12:04:03",
"trx_id": "8e3f11f876485686b232e14ce9afbd19a8f84d13",
"trx_in_block": 28,
"virtual_op": 0
}2019/05/21 01:45:45
2019/05/21 01:45:45
| author | steemitboard |
| body | Congratulations @libertarian-cop! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@libertarian-cop/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@libertarian-cop) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=libertarian-cop)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | libertarian-cop |
| parent permlink | how-to-stop-the-police-from-destroying-bitcoin-and-cryptos |
| permlink | steemitboard-notify-libertarian-cop-20190521t014544000z |
| title | |
| Transaction Info | Block #33088763/Trx 963d5cbb0925c4fed487dcff9e55744796d64f09 |
View Raw JSON Data
{
"block": 33088763,
"op": [
"comment",
{
"author": "steemitboard",
"body": "Congratulations @libertarian-cop! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@libertarian-cop/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@libertarian-cop) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=libertarian-cop)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
"parent_author": "libertarian-cop",
"parent_permlink": "how-to-stop-the-police-from-destroying-bitcoin-and-cryptos",
"permlink": "steemitboard-notify-libertarian-cop-20190521t014544000z",
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],
"op_in_trx": 0,
"timestamp": "2019-05-21T01:45:45",
"trx_id": "963d5cbb0925c4fed487dcff9e55744796d64f09",
"trx_in_block": 5,
"virtual_op": 0
}steemdelegated 1.251 SP to @libertarian-cop2018/05/16 22:32:51
steemdelegated 1.251 SP to @libertarian-cop
2018/05/16 22:32:51
| delegatee | libertarian-cop |
| delegator | steem |
| vesting shares | 2034.832276 VESTS |
| Transaction Info | Block #22492558/Trx ab7918c56e24a57c1d691489e32261f49630c441 |
View Raw JSON Data
{
"block": 22492558,
"op": [
"delegate_vesting_shares",
{
"delegatee": "libertarian-cop",
"delegator": "steem",
"vesting_shares": "2034.832276 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2018-05-16T22:32:51",
"trx_id": "ab7918c56e24a57c1d691489e32261f49630c441",
"trx_in_block": 92,
"virtual_op": 0
}libertarian-copupvoted (100.00%) @haejin / omisego-omg-the-jaws-of-wealth-still-holding2018/01/31 19:53:15
libertarian-copupvoted (100.00%) @haejin / omisego-omg-the-jaws-of-wealth-still-holding
2018/01/31 19:53:15
| author | haejin |
| permlink | omisego-omg-the-jaws-of-wealth-still-holding |
| voter | libertarian-cop |
| weight | 10000 (100.00%) |
| Transaction Info | Block #19468658/Trx 55290010f025c92cd11f0a9d03e5276c9d6973a7 |
View Raw JSON Data
{
"block": 19468658,
"op": [
"vote",
{
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"permlink": "omisego-omg-the-jaws-of-wealth-still-holding",
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],
"op_in_trx": 0,
"timestamp": "2018-01-31T19:53:15",
"trx_id": "55290010f025c92cd11f0a9d03e5276c9d6973a7",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 4.925 SP to @libertarian-cop2018/01/09 06:41:36
steemdelegated 4.925 SP to @libertarian-cop
2018/01/09 06:41:36
| delegatee | libertarian-cop |
| delegator | steem |
| vesting shares | 8010.900696 VESTS |
| Transaction Info | Block #18819629/Trx 80bf76bd906221a37487a57b4406cc8b0e603d3c |
View Raw JSON Data
{
"block": 18819629,
"op": [
"delegate_vesting_shares",
{
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"delegator": "steem",
"vesting_shares": "8010.900696 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2018-01-09T06:41:36",
"trx_id": "80bf76bd906221a37487a57b4406cc8b0e603d3c",
"trx_in_block": 5,
"virtual_op": 0
}2018/01/04 13:18:51
2018/01/04 13:18:51
| author | steemitboard |
| body | Congratulations @libertarian-cop! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@libertarian-cop) Award for the number of upvotes Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)! |
| json metadata | {"image":["https://steemitboard.com/img/notifications.png"]} |
| parent author | libertarian-cop |
| parent permlink | how-to-stop-the-police-from-destroying-bitcoin-and-cryptos |
| permlink | steemitboard-notify-libertarian-cop-20180104t131853000z |
| title | |
| Transaction Info | Block #18683710/Trx 84ac93b55e785fda717edc5b8cd35a22fb10ea00 |
View Raw JSON Data
{
"block": 18683710,
"op": [
"comment",
{
"author": "steemitboard",
"body": "Congratulations @libertarian-cop! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[](http://steemitboard.com/@libertarian-cop) Award for the number of upvotes\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notifications.png\"]}",
"parent_author": "libertarian-cop",
"parent_permlink": "how-to-stop-the-police-from-destroying-bitcoin-and-cryptos",
"permlink": "steemitboard-notify-libertarian-cop-20180104t131853000z",
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],
"op_in_trx": 0,
"timestamp": "2018-01-04T13:18:51",
"trx_id": "84ac93b55e785fda717edc5b8cd35a22fb10ea00",
"trx_in_block": 46,
"virtual_op": 0
}2018/01/03 17:55:48
2018/01/03 17:55:48
| author | haejin |
| permlink | tron-trx-starting-wave-3-of-3-target-usd0-21-120-profit-potential |
| voter | libertarian-cop |
| weight | 10000 (100.00%) |
| Transaction Info | Block #18660453/Trx fc0c6891c225f4510e466d93994f94a47f1543d0 |
View Raw JSON Data
{
"block": 18660453,
"op": [
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{
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"op_in_trx": 0,
"timestamp": "2018-01-03T17:55:48",
"trx_id": "fc0c6891c225f4510e466d93994f94a47f1543d0",
"trx_in_block": 21,
"virtual_op": 0
}2017/12/27 22:45:42
2017/12/27 22:45:42
| author | haejin |
| permlink | bitshares-bts-target-updates-usd0-91-and-then-usd1-06-find-out-how-in-my-analysis |
| voter | libertarian-cop |
| weight | 10000 (100.00%) |
| Transaction Info | Block #18464926/Trx 62bdfd904105a72087d1d4b2de8320c838ebc27e |
View Raw JSON Data
{
"block": 18464926,
"op": [
"vote",
{
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"op_in_trx": 0,
"timestamp": "2017-12-27T22:45:42",
"trx_id": "62bdfd904105a72087d1d4b2de8320c838ebc27e",
"trx_in_block": 35,
"virtual_op": 0
}libertarian-copupvoted (100.00%) @haejin / verge-xvg-btc-loves-triangles-check-out-this-chart2017/12/27 22:45:39
libertarian-copupvoted (100.00%) @haejin / verge-xvg-btc-loves-triangles-check-out-this-chart
2017/12/27 22:45:39
| author | haejin |
| permlink | verge-xvg-btc-loves-triangles-check-out-this-chart |
| voter | libertarian-cop |
| weight | 10000 (100.00%) |
| Transaction Info | Block #18464925/Trx 2cd141690d090aa1ba78daf9fdf124a7090414e5 |
View Raw JSON Data
{
"block": 18464925,
"op": [
"vote",
{
"author": "haejin",
"permlink": "verge-xvg-btc-loves-triangles-check-out-this-chart",
"voter": "libertarian-cop",
"weight": 10000
}
],
"op_in_trx": 0,
"timestamp": "2017-12-27T22:45:39",
"trx_id": "2cd141690d090aa1ba78daf9fdf124a7090414e5",
"trx_in_block": 7,
"virtual_op": 0
}2017/12/27 22:45:33
2017/12/27 22:45:33
| author | haejin |
| permlink | zcash-zec-update-altcoin-bullish-speciation-places-zec-to-the-cup-and-handle-bull-species |
| voter | libertarian-cop |
| weight | 10000 (100.00%) |
| Transaction Info | Block #18464923/Trx 224bdd87c8ff96c79ecf525086f888f44d336e85 |
View Raw JSON Data
{
"block": 18464923,
"op": [
"vote",
{
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"permlink": "zcash-zec-update-altcoin-bullish-speciation-places-zec-to-the-cup-and-handle-bull-species",
"voter": "libertarian-cop",
"weight": 10000
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],
"op_in_trx": 0,
"timestamp": "2017-12-27T22:45:33",
"trx_id": "224bdd87c8ff96c79ecf525086f888f44d336e85",
"trx_in_block": 5,
"virtual_op": 0
}2017/12/27 22:45:18
2017/12/27 22:45:18
| author | haejin |
| permlink | delegate-your-steem-power-to-haejin-here-is-an-easy-way-to-do-this |
| voter | libertarian-cop |
| weight | 10000 (100.00%) |
| Transaction Info | Block #18464918/Trx 592b9c6102db02c95804f342a26f8eac099743dd |
View Raw JSON Data
{
"block": 18464918,
"op": [
"vote",
{
"author": "haejin",
"permlink": "delegate-your-steem-power-to-haejin-here-is-an-easy-way-to-do-this",
"voter": "libertarian-cop",
"weight": 10000
}
],
"op_in_trx": 0,
"timestamp": "2017-12-27T22:45:18",
"trx_id": "592b9c6102db02c95804f342a26f8eac099743dd",
"trx_in_block": 17,
"virtual_op": 0
}libertarian-copsent 0.500 SBD to @null- "@haejin/monaco-mco-offers-no-tax-haven-for-the-wealthy-but-extends-an-opportunity-to-profit-massively"2017/12/24 23:06:18
libertarian-copsent 0.500 SBD to @null- "@haejin/monaco-mco-offers-no-tax-haven-for-the-wealthy-but-extends-an-opportunity-to-profit-massively"
2017/12/24 23:06:18
| amount | 0.500 SBD |
| from | libertarian-cop |
| memo | @haejin/monaco-mco-offers-no-tax-haven-for-the-wealthy-but-extends-an-opportunity-to-profit-massively |
| to | null |
| Transaction Info | Block #18379001/Trx a755f094b597b01f8d170e09060b062eb154c262 |
View Raw JSON Data
{
"block": 18379001,
"op": [
"transfer",
{
"amount": "0.500 SBD",
"from": "libertarian-cop",
"memo": "@haejin/monaco-mco-offers-no-tax-haven-for-the-wealthy-but-extends-an-opportunity-to-profit-massively",
"to": "null"
}
],
"op_in_trx": 0,
"timestamp": "2017-12-24T23:06:18",
"trx_id": "a755f094b597b01f8d170e09060b062eb154c262",
"trx_in_block": 36,
"virtual_op": 0
}2017/12/24 23:05:24
2017/12/24 23:05:24
| author | haejin |
| permlink | monaco-mco-offers-no-tax-haven-for-the-wealthy-but-extends-an-opportunity-to-profit-massively |
| voter | libertarian-cop |
| weight | 10000 (100.00%) |
| Transaction Info | Block #18378983/Trx 8ad5328056db5a07c5fe9260020d40da400d780c |
View Raw JSON Data
{
"block": 18378983,
"op": [
"vote",
{
"author": "haejin",
"permlink": "monaco-mco-offers-no-tax-haven-for-the-wealthy-but-extends-an-opportunity-to-profit-massively",
"voter": "libertarian-cop",
"weight": 10000
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],
"op_in_trx": 0,
"timestamp": "2017-12-24T23:05:24",
"trx_id": "8ad5328056db5a07c5fe9260020d40da400d780c",
"trx_in_block": 10,
"virtual_op": 0
}2017/12/24 23:05:00
2017/12/24 23:05:00
| author | haejin |
| permlink | help-haejin-from-these-sneaky-downvoters-steem-power-up-and-upvote |
| voter | libertarian-cop |
| weight | 10000 (100.00%) |
| Transaction Info | Block #18378975/Trx 93a478484b49f06f641ee9b4b4c2bea1bf91f3b5 |
View Raw JSON Data
{
"block": 18378975,
"op": [
"vote",
{
"author": "haejin",
"permlink": "help-haejin-from-these-sneaky-downvoters-steem-power-up-and-upvote",
"voter": "libertarian-cop",
"weight": 10000
}
],
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}steemdelegated 5.135 SP to @libertarian-cop2017/06/12 16:22:51
steemdelegated 5.135 SP to @libertarian-cop
2017/06/12 16:22:51
| delegatee | libertarian-cop |
| delegator | steem |
| vesting shares | 8352.711404 VESTS |
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}steemdelegated 0.000 SP to @libertarian-cop2017/06/08 22:10:15
steemdelegated 0.000 SP to @libertarian-cop
2017/06/08 22:10:15
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}2017/06/05 15:59:42
2017/06/05 15:59:42
| author | in2itiveart |
| body | I would like to hear about how you can enforce immoral laws and sleep at night. |
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}libertarian-copclaimed reward balance: 9.383 SBD, 12.691 SP2017/06/03 05:29:48
libertarian-copclaimed reward balance: 9.383 SBD, 12.691 SP
2017/06/03 05:29:48
| account | libertarian-cop |
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}libertarian-copreceived 0.023 SBD, 0.031 SP author reward for @libertarian-cop / how-to-stop-the-police-from-destroying-bitcoin-and-cryptos2017/06/02 12:08:42
libertarian-copreceived 0.023 SBD, 0.031 SP author reward for @libertarian-cop / how-to-stop-the-police-from-destroying-bitcoin-and-cryptos
2017/06/02 12:08:42
| author | libertarian-cop |
| permlink | how-to-stop-the-police-from-destroying-bitcoin-and-cryptos |
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}libertarian-copreceived 9.360 SBD, 12.660 SP author reward for @libertarian-cop / transform-the-police-from-big-government-statist-to-small-government-libertarian2017/05/31 22:45:42
libertarian-copreceived 9.360 SBD, 12.660 SP author reward for @libertarian-cop / transform-the-police-from-big-government-statist-to-small-government-libertarian
2017/05/31 22:45:42
| author | libertarian-cop |
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2017/05/26 21:13:18
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2017/05/26 14:57:39
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2017/05/26 14:57:30
| author | libertarian-cop |
| permlink | how-to-stop-the-police-from-destroying-bitcoin-and-cryptos |
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2017/05/26 14:56:54
| author | theblindsquirl |
| body | Great post. You've restored some sense of hope for the human race. I'm posting this to Facebook for one of my longtime friends in L.E. here in the US. I suspect he's of the same ideology. |
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2017/05/26 12:48:48
| author | inity |
| body | Come at me. You ain't taking MY MONEY. AGAIN. |
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2017/05/26 12:38:03
| author | point |
| body | Thanks for the police perspective. Some police departments have gone hog wild on asset seizure and make it very difficult for innocent people to get their assets returned. Please keep us updated on this. |
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| title | |
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"body": "Thanks for the police perspective. \nSome police departments have gone hog wild on asset seizure and make it very difficult for innocent people to get their assets returned.\nPlease keep us updated on this.",
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2017/05/26 12:35:00
| author | jhpace1 |
| body | The only answer I can add to the question is to diversify. Don't keep all your Bitcoin in one online/offline wallet. We're not going to stop law enforcement and governmental confiscation of online wallets such as Mount Gox in the name of "tax evasion" and "the War on Drugs" and other such claims. Or police confiscating home computers and cell phones/smartphones. Fortunately, it is very easy to make Bitcoin sub-accounts by transaction, and to have multiple Bitcoin accounts. You can even accumulate other crypto-currencies such as Dash, Ripple, Litecoin, etc. And you should always back up your files, including your Bitcoin files, to offline storage such as USB devices and even paper. Those backups should include offsite storage as well. Make a plan to recover online Bitcoin with offline backups if necessary, such as a place/person with a USB stick and lists of passwords. As to the law enforcement question above, law enforcement often takes a "grab first, ask questions later", and governments love making a person asset-less before they even accuse them of a crime., making a mockery of "innocent until proven guilty". Having a good personal memory for multiple crypto-currency accounts will work in your favor, and against law enforcement. |
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"body": "The only answer I can add to the question is to diversify. Don't keep all your Bitcoin in one online/offline wallet. We're not going to stop law enforcement and governmental confiscation of online wallets such as Mount Gox in the name of \"tax evasion\" and \"the War on Drugs\" and other such claims. Or police confiscating home computers and cell phones/smartphones.\n\nFortunately, it is very easy to make Bitcoin sub-accounts by transaction, and to have multiple Bitcoin accounts. You can even accumulate other crypto-currencies such as Dash, Ripple, Litecoin, etc. And you should always back up your files, including your Bitcoin files, to offline storage such as USB devices and even paper. Those backups should include offsite storage as well. Make a plan to recover online Bitcoin with offline backups if necessary, such as a place/person with a USB stick and lists of passwords.\n\nAs to the law enforcement question above, law enforcement often takes a \"grab first, ask questions later\", and governments love making a person asset-less before they even accuse them of a crime., making a mockery of \"innocent until proven guilty\". Having a good personal memory for multiple crypto-currency accounts will work in your favor, and against law enforcement.",
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}pointupvoted (100.00%) @libertarian-cop / how-to-stop-the-police-from-destroying-bitcoin-and-cryptos2017/05/26 12:32:06
pointupvoted (100.00%) @libertarian-cop / how-to-stop-the-police-from-destroying-bitcoin-and-cryptos
2017/05/26 12:32:06
| author | libertarian-cop |
| permlink | how-to-stop-the-police-from-destroying-bitcoin-and-cryptos |
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2017/05/26 12:29:42
| author | libertarian-cop |
| permlink | how-to-stop-the-police-from-destroying-bitcoin-and-cryptos |
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}jhpace1upvoted (100.00%) @libertarian-cop / how-to-stop-the-police-from-destroying-bitcoin-and-cryptos2017/05/26 12:25:09
jhpace1upvoted (100.00%) @libertarian-cop / how-to-stop-the-police-from-destroying-bitcoin-and-cryptos
2017/05/26 12:25:09
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}libertarian-coppublished a new post: how-to-stop-the-police-from-destroying-bitcoin-and-cryptos2017/05/26 12:18:21
libertarian-coppublished a new post: how-to-stop-the-police-from-destroying-bitcoin-and-cryptos
2017/05/26 12:18:21
| author | libertarian-cop |
| body | <html> <p><strong>FEAR OF THE UNKNOWN</strong><br> I’ve been buying and selling bitcoin since 2012 and a police officer since 2009 (see my introduction on how I Transformed from a Big Government Statist Cop to a Small Government Libertarian Police Officer). So a few years ago when I was moved to the Frauds office, it was no surprise to me when I came across frauds that involved Bitcoin. I knew what Bitcoin was and I didn’t have that negative knee-jerk impulsive reaction to it that most cops have. “Bitcoin is used by drug dealers and criminals,” they would say. Well so is cash and fiat currency.<br> <br> It’s always been an uphill battle trying to explain Bitcoin to my colleagues. Even when the Kentucky Chief of Police decided to be paid in Bitcoin back in 2013, I still couldn’t convince my colleagues that Bitcoin was anything other than a criminals currency of choice. Just yesterday I was speaking to a group of detectives about how blockchain technology is the biggest thing since the invention of the internet. I was accused of being an alley to criminals while another detective shouted, “but what about Silk Road!” He wasn’t interested in my reply. </p> <p><br></p> <p><strong>CIVIL ASSET FORFEITURE</strong> <br> Recently, the Toronto Police Service seized a very large quantity of Bitcoins and they had no idea what to do with it. After a few phone calls to other police services and watching a few YouTube videos, they finally figured out that they needed a wallet. Beyond needing a wallet, they still don’t know what to do with it. Realizing they had a serious deficiency in knowledge on this topic, they arranged a symposium on “Law Enforcement and Bitcoin.” The main presenter for this Canadian police symposium was the U.S. Department of Homeland Security. Needless to say, they didn’t really have too much to offer on the topic other than, “it’s really hard to investigate” and “it’s used by criminals, the boogeyman and zombie Nazis.” Okay, he may not have said zombie Nazis, but I can’t be certain. <br> <br> Now I don’t know what happened with the bitcoins that were seized but here’s the issue. There’s a finite amount of bitcoins, 16 million to date have been mined and only 21 million in total to mine. The fact that there’s a finite amount of bitcoins is one of its strengths. Unlike fiat currency, it can’t be printed and duplicated until you’re a Zimbabwe millionaire or living in the Weimar Republic. However, as police services keep seizing bitcoins (and I’m talking about tens of thousands to hundreds of thousands to date) these bitcoins are very often taken out of circulation forever. Keys and passwords to wallets are lost, hard drives corrupted and wiped clean, Bitcoins lost forever. The police may even unknowingly be seizing bitcoins that are on mobile wallets when they seize cell phones. Any bitcoin and cryptocurrencies on these devices are wiped clean and the hardware is then auctioned off if not returned to the owner. <br> <br> <img src="https://i0.wp.com/www.gurusblog.com/jordi/wp/wp-content/uploads/2016/03/bitcoin-roto-compressor.jpg?ssl=1" width="739" height="473"/><br> <strong>WOULDN’T THIS JUST RAISE THE VALUE OF BITCOIN?</strong> <br> Supply and demand says that as the police reduce the supply of Bitcoin through seizures that the price will rise. But what happens if the supply of Bitcoin is reduced so far that even a Satoshi (the smallest divisible amount of Bitcoin) isn’t small enough to make an everyday purchase? Well, Bitcoin can be updated to allow further subdivisions but what happens when the police have seized and taken out of circulation so many Bitcoins that Bitcoin no longer holds the trust it once did? Capital may start to flow to other cryptocurrencies. Or out of cryptocurrencies altogether. <br> <br> <br> <strong>THE CHAMBER OF DIGITAL COMMERCE TO THE RESCUE</strong> <br> Just a few days after the Law Enforcement and Bitcoin conference, I attended a Financial Technology meetup in Toronto. There were over 1,200 people in attendance. It was the largest meetup ever on the topic of cryptocurrencies. In attendance were popular names in the Bitcoin world like Tone Vays. The keynote speaker was Alex Tapscott, the author of “Blockchain Revolution.” Of most interest to me though was Perianne Boring, the founder and president of The Chamber of Digital Commerce located in Washington D.C. One of the initiatives of the Chamber of Digital Commerce is the State Working Group. <br> <br> As stated on their website, “The State Working Group provides education and advocacy on state-related issues affecting digital currencies and blockchain-based technologies.” Most notably, the State Working Group recently worked to pass a historic “blockchain friendly” bill into law in the state of North Carolina. This law is now being adopted by many other states. <br> <br> Now I know there’s a lot of contention in the Bitcoin world over whether or not there should be regulations regarding Bitcoin but as Perianne put it, there will be regulation whether we like it or not. So it’s up to us, the Bitcoin community if we want to have a say in the regulations that will affect us. <br> <br> The State Working Group division of the Chamber of Digital Commerce will also visit if requested, your local police service to help institute policies and to give guidance and education. I urge you to pick up the phone and contact your local police service to enquire what routines and procedures they currently have in place when dealing with Bitcoin, offer your expertise if you have any, encourage them to seek assistance from the Chamber of Digital Commerce and even try to arrange a meeting between the two. <br> <br> If the police are left to their own devices when it comes to Bitcoin and other cryptocurrencies, they’ll continue to take Bitcoin out of circulation and assume that any and all Bitcoin they come across is a result of illegal crime and therefore open to asset forfeiture (i.e. seizure). It’s up to you to ensure that your local police have the knowledge on how to deal with Bitcoin and other cryptocurrencies</p> <p>Thanks for reading! Please leave comments regarding what you'd like to read about in the future. Thanks in advance.</p> </html> |
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"body": "<html>\n<p><strong>FEAR OF THE UNKNOWN</strong><br>\nI’ve been buying and selling bitcoin since 2012 and a police officer since 2009 (see my introduction on how I Transformed from a Big Government Statist Cop to a Small Government Libertarian Police Officer). So a few years ago when I was moved to the Frauds office, it was no surprise to me when I came across frauds that involved Bitcoin. I knew what Bitcoin was and I didn’t have that negative knee-jerk impulsive reaction to it that most cops have. “Bitcoin is used by drug dealers and criminals,” they would say. Well so is cash and fiat currency.<br>\n<br>\nIt’s always been an uphill battle trying to explain Bitcoin to my colleagues. Even when the Kentucky Chief of Police decided to be paid in Bitcoin back in 2013, I still couldn’t convince my colleagues that Bitcoin was anything other than a criminals currency of choice. Just yesterday I was speaking to a group of detectives about how blockchain technology is the biggest thing since the invention of the internet. I was accused of being an alley to criminals while another detective shouted, “but what about Silk Road!” He wasn’t interested in my reply. </p>\n<p><br></p>\n<p><strong>CIVIL ASSET FORFEITURE</strong> <br>\nRecently, the Toronto Police Service seized a very large quantity of Bitcoins and they had no idea what to do with it. After a few phone calls to other police services and watching a few YouTube videos, they finally figured out that they needed a wallet. Beyond needing a wallet, they still don’t know what to do with it. Realizing they had a serious deficiency in knowledge on this topic, they arranged a symposium on “Law Enforcement and Bitcoin.” The main presenter for this Canadian police symposium was the U.S. Department of Homeland Security. Needless to say, they didn’t really have too much to offer on the topic other than, “it’s really hard to investigate” and “it’s used by criminals, the boogeyman and zombie Nazis.” Okay, he may not have said zombie Nazis, but I can’t be certain. <br>\n<br>\nNow I don’t know what happened with the bitcoins that were seized but here’s the issue. There’s a finite amount of bitcoins, 16 million to date have been mined and only 21 million in total to mine. The fact that there’s a finite amount of bitcoins is one of its strengths. Unlike fiat currency, it can’t be printed and duplicated until you’re a Zimbabwe millionaire or living in the Weimar Republic. However, as police services keep seizing bitcoins (and I’m talking about tens of thousands to hundreds of thousands to date) these bitcoins are very often taken out of circulation forever. Keys and passwords to wallets are lost, hard drives corrupted and wiped clean, Bitcoins lost forever. The police may even unknowingly be seizing bitcoins that are on mobile wallets when they seize cell phones. Any bitcoin and cryptocurrencies on these devices are wiped clean and the hardware is then auctioned off if not returned to the owner. <br>\n<br>\n<img src=\"https://i0.wp.com/www.gurusblog.com/jordi/wp/wp-content/uploads/2016/03/bitcoin-roto-compressor.jpg?ssl=1\" width=\"739\" height=\"473\"/><br>\n<strong>WOULDN’T THIS JUST RAISE THE VALUE OF BITCOIN?</strong> <br>\nSupply and demand says that as the police reduce the supply of Bitcoin through seizures that the price will rise. But what happens if the supply of Bitcoin is reduced so far that even a Satoshi (the smallest divisible amount of Bitcoin) isn’t small enough to make an everyday purchase? Well, Bitcoin can be updated to allow further subdivisions but what happens when the police have seized and taken out of circulation so many Bitcoins that Bitcoin no longer holds the trust it once did? Capital may start to flow to other cryptocurrencies. Or out of cryptocurrencies altogether. <br>\n<br>\n<br>\n<strong>THE CHAMBER OF DIGITAL COMMERCE TO THE RESCUE</strong> <br>\nJust a few days after the Law Enforcement and Bitcoin conference, I attended a Financial Technology meetup in Toronto. There were over 1,200 people in attendance. It was the largest meetup ever on the topic of cryptocurrencies. In attendance were popular names in the Bitcoin world like Tone Vays. The keynote speaker was Alex Tapscott, the author of “Blockchain Revolution.” Of most interest to me though was Perianne Boring, the founder and president of The Chamber of Digital Commerce located in Washington D.C. One of the initiatives of the Chamber of Digital Commerce is the State Working Group. <br>\n<br>\nAs stated on their website, “The State Working Group provides education and advocacy on state-related issues affecting digital currencies and blockchain-based technologies.” Most notably, the State Working Group recently worked to pass a historic “blockchain friendly” bill into law in the state of North Carolina. This law is now being adopted by many other states. <br>\n<br>\nNow I know there’s a lot of contention in the Bitcoin world over whether or not there should be regulations regarding Bitcoin but as Perianne put it, there will be regulation whether we like it or not. So it’s up to us, the Bitcoin community if we want to have a say in the regulations that will affect us. <br>\n<br>\nThe State Working Group division of the Chamber of Digital Commerce will also visit if requested, your local police service to help institute policies and to give guidance and education. I urge you to pick up the phone and contact your local police service to enquire what routines and procedures they currently have in place when dealing with Bitcoin, offer your expertise if you have any, encourage them to seek assistance from the Chamber of Digital Commerce and even try to arrange a meeting between the two. <br>\n<br>\nIf the police are left to their own devices when it comes to Bitcoin and other cryptocurrencies, they’ll continue to take Bitcoin out of circulation and assume that any and all Bitcoin they come across is a result of illegal crime and therefore open to asset forfeiture (i.e. seizure). It’s up to you to ensure that your local police have the knowledge on how to deal with Bitcoin and other cryptocurrencies</p>\n<p>Thanks for reading! Please leave comments regarding what you'd like to read about in the future. Thanks in advance.</p>\n</html>",
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libertarian-coppublished a new post: how-to-stop-the-police-from-destroying-bitcoin-and-cryptos
2017/05/26 12:15:12
| author | libertarian-cop |
| body | <html> <p><strong>FEAR OF THE UNKNOWN</strong><br> I’ve been buying and selling bitcoin since 2012 and a police officer since 2009 (see my introduction on how I Transformed from a Big Government Statist Cop to a Small Government Libertarian Police Officer). So a few years ago when I was moved to the Frauds office, it was no surprise to me when I came across frauds that involved Bitcoin. I knew what Bitcoin was and I didn’t have that negative knee-jerk impulsive reaction to it that most cops have. “Bitcoin is used by drug dealers and criminals,” they would say. Well so is cash and fiat currency.<br> <br> It’s always been an uphill battle trying to explain Bitcoin to my colleagues. Even when the Kentucky Chief of Police decided to be paid in Bitcoin back in 2013, I still couldn’t convince my colleagues that Bitcoin was anything other than a criminals currency of choice. Just yesterday I was speaking to a group of detectives about how blockchain technology is the biggest thing since the invention of the internet. I was accused of being an alley to criminals while another detective shouted, “but what about Silk Road!” He wasn’t interested in my reply. </p> <p><br></p> <p><strong>CIVIL ASSET FORFEITURE</strong> <br> Recently, the Toronto Police Service seized a very large quantity of Bitcoins and they had no idea what to do with it. After a few phone calls to other police services and watching a few YouTube videos, they finally figured out that they needed a wallet. Beyond needing a wallet, they still don’t know what to do with it. Realizing they had a serious deficiency in knowledge on this topic, they arranged a symposium on “Law Enforcement and Bitcoin.” The main presenter for this Canadian police symposium was the U.S. Department of Homeland Security. Needless to say, they didn’t really have too much to offer on the topic other than, “it’s really hard to investigate” and “it’s used by criminals, the boogeyman and zombie Nazis.” Okay, he may not have said zombie Nazis, but I can’t be certain. <br> <br> Now I don’t know what happened with the bitcoins that were seized but here’s the issue. There’s a finite amount of bitcoins, 16 million to date have been mined and only 21 million in total to mine. The fact that there’s a finite amount of bitcoins is one of its strengths. Unlike fiat currency, it can’t be printed and duplicated until you’re a Zimbabwe millionaire or living in the Weimar Republic. However, as police services keep seizing bitcoins (and I’m talking about tens of thousands to hundreds of thousands to date) these bitcoins are very often taken out of circulation forever. Keys and passwords to wallets are lost, hard drives corrupted and wiped clean, Bitcoins lost forever. The police may even unknowingly be seizing bitcoins that are on mobile wallets when they seize cell phones. Any bitcoin and cryptocurrencies on these devices are wiped clean and the hardware is then auctioned off if not returned to the owner. <br> <br> <img src="https://i0.wp.com/www.gurusblog.com/jordi/wp/wp-content/uploads/2016/03/bitcoin-roto-compressor.jpg?ssl=1" width="739" height="473"/><br> <strong>WOULDN’T THIS JUST RAISE THE VALUE OF BITCOIN?</strong> <br> Supply and demand says that as the police reduce the supply of Bitcoin through seizures that the price will rise. But what happens if the supply of Bitcoin is reduced so far that even a Satoshi (the smallest divisible amount of Bitcoin) isn’t small enough to make an everyday purchase? Well, Bitcoin can be updated to allow further subdivisions but what happens when the police have seized and taken out of circulation so many Bitcoins that Bitcoin no longer holds the trust it once did? Capital may start to flow to other cryptocurrencies. Or out of cryptocurrencies altogether. <br> <br> <br> <strong>THE CHAMBER OF DIGITAL COMMERCE TO THE RESCUE</strong> <br> Just a few days after the Law Enforcement and Bitcoin conference, I attended a Financial Technology meetup in Toronto. There were over 1,200 people in attendance. It was the largest meetup ever on the topic of cryptocurrencies. In attendance were popular names in the Bitcoin world like Tone Vays. The keynote speaker was Alex Tapscott, the author of “Blockchain Revolution.” Of most interest to me though was Perianne Boring, the founder and president of The Chamber of Digital Commerce located in Washington D.C. One of the initiatives of the Chamber of Digital Commerce is the State Working Group. <br> <br> As stated on their website, “The State Working Group provides education and advocacy on state-related issues affecting digital currencies and blockchain-based technologies.” Most notably, the State Working Group recently worked to pass a historic “blockchain friendly” bill into law in the state of North Carolina. This law is now being adopted by many other states. <br> <br> Now I know there’s a lot of contention in the Bitcoin world over whether or not there should be regulations regarding Bitcoin but as Perianne put it, there will be regulation whether we like it or not. So it’s up to us, the Bitcoin community if we want to have a say in the regulations that will affect us. <br> <br> The State Working Group division of the Chamber of Digital Commerce will also visit if requested, your local police service to help institute policies and to give guidance and education. I urge you to pick up the phone and contact your local police service to enquire what routines and procedures they currently have in place when dealing with Bitcoin, offer your expertise if you have any, encourage them to seek assistance from the Chamber of Digital Commerce and even try to arrange a meeting between the two. <br> <br> If the police are left to their own devices when it comes to Bitcoin and other cryptocurrencies, they’ll continue to take Bitcoin out of circulation and assume that any and all Bitcoin they come across is a result of illegal crime and therefore open to asset forfeiture (i.e. seizure). It’s up to you to ensure that your local police have the knowledge on how to deal with Bitcoin and other cryptocurrencies</p> <p>Thanks for reading! Please leave comments regarding what you'd like to read about in the future. Thanks in advance.</p> </html> |
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Just yesterday I was speaking to a group of detectives about how blockchain technology is the biggest thing since the invention of the internet. I was accused of being an alley to criminals while another detective shouted, “but what about Silk Road!” He wasn’t interested in my reply. </p>\n<p><br></p>\n<p><strong>CIVIL ASSET FORFEITURE</strong> <br>\nRecently, the Toronto Police Service seized a very large quantity of Bitcoins and they had no idea what to do with it. After a few phone calls to other police services and watching a few YouTube videos, they finally figured out that they needed a wallet. Beyond needing a wallet, they still don’t know what to do with it. Realizing they had a serious deficiency in knowledge on this topic, they arranged a symposium on “Law Enforcement and Bitcoin.” The main presenter for this Canadian police symposium was the U.S. Department of Homeland Security. Needless to say, they didn’t really have too much to offer on the topic other than, “it’s really hard to investigate” and “it’s used by criminals, the boogeyman and zombie Nazis.” Okay, he may not have said zombie Nazis, but I can’t be certain. <br>\n<br>\nNow I don’t know what happened with the bitcoins that were seized but here’s the issue. There’s a finite amount of bitcoins, 16 million to date have been mined and only 21 million in total to mine. The fact that there’s a finite amount of bitcoins is one of its strengths. Unlike fiat currency, it can’t be printed and duplicated until you’re a Zimbabwe millionaire or living in the Weimar Republic. However, as police services keep seizing bitcoins (and I’m talking about tens of thousands to hundreds of thousands to date) these bitcoins are very often taken out of circulation forever. Keys and passwords to wallets are lost, hard drives corrupted and wiped clean, Bitcoins lost forever. The police may even unknowingly be seizing bitcoins that are on mobile wallets when they seize cell phones. Any bitcoin and cryptocurrencies on these devices are wiped clean and the hardware is then auctioned off if not returned to the owner. <br>\n<br>\n<img src=\"https://i0.wp.com/www.gurusblog.com/jordi/wp/wp-content/uploads/2016/03/bitcoin-roto-compressor.jpg?ssl=1\" width=\"739\" height=\"473\"/><br>\n<strong>WOULDN’T THIS JUST RAISE THE VALUE OF BITCOIN?</strong> <br>\nSupply and demand says that as the police reduce the supply of Bitcoin through seizures that the price will rise. But what happens if the supply of Bitcoin is reduced so far that even a Satoshi (the smallest divisible amount of Bitcoin) isn’t small enough to make an everyday purchase? Well, Bitcoin can be updated to allow further subdivisions but what happens when the police have seized and taken out of circulation so many Bitcoins that Bitcoin no longer holds the trust it once did? Capital may start to flow to other cryptocurrencies. Or out of cryptocurrencies altogether. <br>\n<br>\n<br>\n<strong>THE CHAMBER OF DIGITAL COMMERCE TO THE RESCUE</strong> <br>\nJust a few days after the Law Enforcement and Bitcoin conference, I attended a Financial Technology meetup in Toronto. There were over 1,200 people in attendance. It was the largest meetup ever on the topic of cryptocurrencies. In attendance were popular names in the Bitcoin world like Tone Vays. The keynote speaker was Alex Tapscott, the author of “Blockchain Revolution.” Of most interest to me though was Perianne Boring, the founder and president of The Chamber of Digital Commerce located in Washington D.C. One of the initiatives of the Chamber of Digital Commerce is the State Working Group. <br>\n<br>\nAs stated on their website, “The State Working Group provides education and advocacy on state-related issues affecting digital currencies and blockchain-based technologies.” Most notably, the State Working Group recently worked to pass a historic “blockchain friendly” bill into law in the state of North Carolina. This law is now being adopted by many other states. <br>\n<br>\nNow I know there’s a lot of contention in the Bitcoin world over whether or not there should be regulations regarding Bitcoin but as Perianne put it, there will be regulation whether we like it or not. So it’s up to us, the Bitcoin community if we want to have a say in the regulations that will affect us. <br>\n<br>\nThe State Working Group division of the Chamber of Digital Commerce will also visit if requested, your local police service to help institute policies and to give guidance and education. I urge you to pick up the phone and contact your local police service to enquire what routines and procedures they currently have in place when dealing with Bitcoin, offer your expertise if you have any, encourage them to seek assistance from the Chamber of Digital Commerce and even try to arrange a meeting between the two. <br>\n<br>\nIf the police are left to their own devices when it comes to Bitcoin and other cryptocurrencies, they’ll continue to take Bitcoin out of circulation and assume that any and all Bitcoin they come across is a result of illegal crime and therefore open to asset forfeiture (i.e. seizure). It’s up to you to ensure that your local police have the knowledge on how to deal with Bitcoin and other cryptocurrencies</p>\n<p>Thanks for reading! Please leave comments regarding what you'd like to read about in the future. Thanks in advance.</p>\n</html>",
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2017/05/26 12:11:09
| author | deliverance |
| body | Ha! they are just jelly cause they didn't get into bitcoin when they had the chance! :D Follow me @deliverance |
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libertarian-coppublished a new post: how-to-stop-the-police-from-destroying-bitcoin-and-cryptos
2017/05/26 12:08:42
| author | libertarian-cop |
| body | <html> <p><strong>FEAR OF THE UNKNOWN</strong><br> I’ve been buying and selling bitcoin since 2012 and a police officer since 2009 (see my introduction on how I Transformed from a Big Government Statist Cop to a Small Government Libertarian Police Officer). So a few years ago when I was moved to the Frauds office, it was no surprise to me when I came across frauds that involved Bitcoin. I knew what Bitcoin was and I didn’t have that negative knee-jerk impulsive reaction to it that most cops have. “Bitcoin is used by drug dealers and criminals,” they would say. Well so is cash and fiat currency.<br> <br> It’s always been an uphill battle trying to explain Bitcoin to my colleagues. Even when the Kentucky Chief of Police decided to be paid in Bitcoin back in 2013, I still couldn’t convince my colleagues that Bitcoin was anything other than a criminals currency of choice. Just yesterday I was speaking to a group of detectives about how blockchain technology is the biggest thing since the invention of the internet. I was accused of being an alley to criminals while another detective shouted, “but what about Silk Road!” He wasn’t interested in my reply. </p> <p><br></p> <p><strong>CIVIL ASSET FORFEITURE</strong> <br> Recently, the Toronto Police Service seized a very large quantity of Bitcoins and they had no idea what to do with it. After a few phone calls to other police services and watching a few YouTube videos, they finally figured out that they needed a wallet. Beyond needing a wallet, they still don’t know what to do with it. Realizing they had a serious deficiency in knowledge on this topic, they arranged a symposium on “Law Enforcement and Bitcoin.” The main presenter for this Canadian police symposium was the U.S. Department of Homeland Security. Needless to say, they didn’t really have too much to offer on the topic other than, “it’s really hard to investigate” and “it’s used by criminals, the boogeyman and zombie Nazis.” Okay, he may not have said zombie Nazis, but I can’t be certain. <br> <br> Now I don’t know what happened with the bitcoins that were seized but here’s the issue. There’s a finite amount of bitcoins, 16 million to date have been mined and only 21 million in total to mine. The fact that there’s a finite amount of bitcoins is one of its strengths. Unlike fiat currency, it can’t be printed and duplicated until you’re a Zimbabwe millionaire or living in the Weimar Republic. However, as police services keep seizing bitcoins (and I’m talking about tens of thousands to hundreds of thousands to date) these bitcoins are very often taken out of circulation forever. Keys and passwords to wallets are lost, hard drives corrupted and wiped clean, Bitcoins lost forever. The police may even unknowingly be seizing bitcoins that are on mobile wallets when they seize cell phones. Any bitcoin and cryptocurrencies on these devices are wiped clean and the hardware is then auctioned off if not returned to the owner. <br> <br> <img src="https://i0.wp.com/www.gurusblog.com/jordi/wp/wp-content/uploads/2016/03/bitcoin-roto-compressor.jpg?ssl=1" width="739" height="473"/><br> <strong>WOULDN’T THIS JUST RAISE THE VALUE OF BITCOIN?</strong> <br> Supply and demand says that as the police reduce the supply of Bitcoin through seizures that the price will rise. But what happens if the supply of Bitcoin is reduced so far that even a Satoshi (the smallest divisible amount of Bitcoin) isn’t small enough to make an everyday purchase? Well, Bitcoin can be updated to allow further subdivisions but what happens when the police have seized and taken out of circulation so many Bitcoins that Bitcoin no longer holds the trust it once did? Capital may start to flow to other cryptocurrencies. Or out of cryptocurrencies altogether. <br> <br> <br> <strong>THE CHAMBER OF DIGITAL COMMERCE TO THE RESCUE</strong> <br> Just a few days after the Law Enforcement and Bitcoin conference, I attended a Financial Technology meetup in Toronto. There were over 1,200 people in attendance. It was the largest meetup ever on the topic of cryptocurrencies. In attendance were popular names in the Bitcoin world like Tone Vays. The keynote speaker was Alex Tapscott, the author of “Blockchain Revolution.” Of most interest to me though was Perianne Boring, the founder and president of The Chamber of Digital Commerce located in Washington D.C. One of the initiatives of the Chamber of Digital Commerce is the State Working Group. <br> <br> As stated on their website, “The State Working Group provides education and advocacy on state-related issues affecting digital currencies and blockchain-based technologies.” Most notably, the State Working Group recently worked to pass a historic “blockchain friendly” bill into law in the state of North Carolina. This law is now being adopted by many other states. <br> <br> Now I know there’s a lot of contention in the Bitcoin world over whether or not there should be regulations regarding Bitcoin but as Perianne put it, there will be regulation whether we like it or not. So it’s up to us, the Bitcoin community if we want to have a say in the regulations that will affect us. <br> <br> The State Working Group division of the Chamber of Digital Commerce will also visit if requested, your local police service to help institute policies and to give guidance and education. I urge you to pick up the phone and contact your local police service to enquire what routines and procedures they currently have in place when dealing with Bitcoin, offer your expertise if you have any, encourage them to seek assistance from the Chamber of Digital Commerce and even try to arrange a meeting between the two. <br> <br> If the police are left to their own devices when it comes to Bitcoin and other cryptocurrencies, they’ll continue to take Bitcoin out of circulation and assume that any and all Bitcoin they come across is a result of illegal crime and therefore open to asset forfeiture (i.e. seizure). It’s up to you to ensure that your local police have the knowledge on how to deal with Bitcoin and other cryptocurrencies</p> <p>Thanks for reading! Please leave comments regarding what you'd like to read about in the future. Thanks in advance.</p> </html> |
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| permlink | how-to-stop-the-police-from-destroying-bitcoin-and-cryptos |
| title | How to Stop the Police from Destroying Bitcoin and Cryptos |
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"body": "<html>\n<p><strong>FEAR OF THE UNKNOWN</strong><br>\nI’ve been buying and selling bitcoin since 2012 and a police officer since 2009 (see my introduction on how I Transformed from a Big Government Statist Cop to a Small Government Libertarian Police Officer). So a few years ago when I was moved to the Frauds office, it was no surprise to me when I came across frauds that involved Bitcoin. I knew what Bitcoin was and I didn’t have that negative knee-jerk impulsive reaction to it that most cops have. “Bitcoin is used by drug dealers and criminals,” they would say. Well so is cash and fiat currency.<br>\n<br>\nIt’s always been an uphill battle trying to explain Bitcoin to my colleagues. Even when the Kentucky Chief of Police decided to be paid in Bitcoin back in 2013, I still couldn’t convince my colleagues that Bitcoin was anything other than a criminals currency of choice. Just yesterday I was speaking to a group of detectives about how blockchain technology is the biggest thing since the invention of the internet. I was accused of being an alley to criminals while another detective shouted, “but what about Silk Road!” He wasn’t interested in my reply. </p>\n<p><br></p>\n<p><strong>CIVIL ASSET FORFEITURE</strong> <br>\nRecently, the Toronto Police Service seized a very large quantity of Bitcoins and they had no idea what to do with it. After a few phone calls to other police services and watching a few YouTube videos, they finally figured out that they needed a wallet. Beyond needing a wallet, they still don’t know what to do with it. Realizing they had a serious deficiency in knowledge on this topic, they arranged a symposium on “Law Enforcement and Bitcoin.” The main presenter for this Canadian police symposium was the U.S. Department of Homeland Security. Needless to say, they didn’t really have too much to offer on the topic other than, “it’s really hard to investigate” and “it’s used by criminals, the boogeyman and zombie Nazis.” Okay, he may not have said zombie Nazis, but I can’t be certain. <br>\n<br>\nNow I don’t know what happened with the bitcoins that were seized but here’s the issue. There’s a finite amount of bitcoins, 16 million to date have been mined and only 21 million in total to mine. The fact that there’s a finite amount of bitcoins is one of its strengths. Unlike fiat currency, it can’t be printed and duplicated until you’re a Zimbabwe millionaire or living in the Weimar Republic. However, as police services keep seizing bitcoins (and I’m talking about tens of thousands to hundreds of thousands to date) these bitcoins are very often taken out of circulation forever. Keys and passwords to wallets are lost, hard drives corrupted and wiped clean, Bitcoins lost forever. The police may even unknowingly be seizing bitcoins that are on mobile wallets when they seize cell phones. Any bitcoin and cryptocurrencies on these devices are wiped clean and the hardware is then auctioned off if not returned to the owner. <br>\n<br>\n<img src=\"https://i0.wp.com/www.gurusblog.com/jordi/wp/wp-content/uploads/2016/03/bitcoin-roto-compressor.jpg?ssl=1\" width=\"739\" height=\"473\"/><br>\n<strong>WOULDN’T THIS JUST RAISE THE VALUE OF BITCOIN?</strong> <br>\nSupply and demand says that as the police reduce the supply of Bitcoin through seizures that the price will rise. But what happens if the supply of Bitcoin is reduced so far that even a Satoshi (the smallest divisible amount of Bitcoin) isn’t small enough to make an everyday purchase? Well, Bitcoin can be updated to allow further subdivisions but what happens when the police have seized and taken out of circulation so many Bitcoins that Bitcoin no longer holds the trust it once did? Capital may start to flow to other cryptocurrencies. Or out of cryptocurrencies altogether. <br>\n<br>\n<br>\n<strong>THE CHAMBER OF DIGITAL COMMERCE TO THE RESCUE</strong> <br>\nJust a few days after the Law Enforcement and Bitcoin conference, I attended a Financial Technology meetup in Toronto. There were over 1,200 people in attendance. It was the largest meetup ever on the topic of cryptocurrencies. In attendance were popular names in the Bitcoin world like Tone Vays. The keynote speaker was Alex Tapscott, the author of “Blockchain Revolution.” Of most interest to me though was Perianne Boring, the founder and president of The Chamber of Digital Commerce located in Washington D.C. One of the initiatives of the Chamber of Digital Commerce is the State Working Group. <br>\n<br>\nAs stated on their website, “The State Working Group provides education and advocacy on state-related issues affecting digital currencies and blockchain-based technologies.” Most notably, the State Working Group recently worked to pass a historic “blockchain friendly” bill into law in the state of North Carolina. This law is now being adopted by many other states. <br>\n<br>\nNow I know there’s a lot of contention in the Bitcoin world over whether or not there should be regulations regarding Bitcoin but as Perianne put it, there will be regulation whether we like it or not. So it’s up to us, the Bitcoin community if we want to have a say in the regulations that will affect us. <br>\n<br>\nThe State Working Group division of the Chamber of Digital Commerce will also visit if requested, your local police service to help institute policies and to give guidance and education. I urge you to pick up the phone and contact your local police service to enquire what routines and procedures they currently have in place when dealing with Bitcoin, offer your expertise if you have any, encourage them to seek assistance from the Chamber of Digital Commerce and even try to arrange a meeting between the two. <br>\n<br>\nIf the police are left to their own devices when it comes to Bitcoin and other cryptocurrencies, they’ll continue to take Bitcoin out of circulation and assume that any and all Bitcoin they come across is a result of illegal crime and therefore open to asset forfeiture (i.e. seizure). It’s up to you to ensure that your local police have the knowledge on how to deal with Bitcoin and other cryptocurrencies</p>\n<p>Thanks for reading! Please leave comments regarding what you'd like to read about in the future. Thanks in advance.</p>\n</html>",
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2017/05/26 03:40:06
| author | libertarian-cop |
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}bottymcbotfacesent 0.001 STEEM to @libertarian-cop- "If you would like the value of Steem to soar, please vote for Steem to be added to BTCC.com https://twitter.com/bobbyclee/status/865851769116475392"2017/05/25 20:40:00
bottymcbotfacesent 0.001 STEEM to @libertarian-cop- "If you would like the value of Steem to soar, please vote for Steem to be added to BTCC.com https://twitter.com/bobbyclee/status/865851769116475392"
2017/05/25 20:40:00
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| author | libertarian-cop |
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2017/05/25 11:27:24
| author | cavemanrob |
| body | Great story. I honestly try and treat each officer on an individual basis. Usually my first goal is to make him or her laugh or at least smile during our first interaction. I do this for two reasons, first it sets the tone for the interaction. Hopefully the officer realizes I mean them no bodily harm and they can reciprocate that sentiment. second, it's a bit disarming when involuntary laughter strikes you, so it gives me a minor psychological upper hand. As much as I dislike the actual job that most officer's perform in the modern day, I've realized being an asshole isn't going to win any over to our (Libertarian/voluntarist) side. Thanks for the story. |
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"body": "Great story. I honestly try and treat each officer on an individual basis. Usually my first goal is to make him or her laugh or at least smile during our first interaction. I do this for two reasons, first it sets the tone for the interaction. Hopefully the officer realizes I mean them no bodily harm and they can reciprocate that sentiment. second, it's a bit disarming when involuntary laughter strikes you, so it gives me a minor psychological upper hand. As much as I dislike the actual job that most officer's perform in the modern day, I've realized being an asshole isn't going to win any over to our (Libertarian/voluntarist) side.\n\nThanks for the story.",
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2017/05/25 10:57:15
| author | zoedolan |
| body | Fascinating post, and I applaud your independence in thinking! As a defense lawyer who plays a role in the criminal justice system myself, I very much appreciate thoughtfulness and intellectual rigor in evaluating laws and their purpose in society. Steem on! |
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2017/05/25 07:50:27
| author | gtg |
| body | Hello Officer, welcome to Steem! :-) |
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2017/05/25 07:49:21
| author | libertarian-cop |
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2017/05/25 07:34:42
| author | libertarian-cop |
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2017/05/25 07:25:15
| author | libertarian-cop |
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2017/05/25 07:24:42
| author | kyriacos |
| body | Inspiring story. We need more of you |
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2017/05/25 07:24:15
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2017/05/25 05:48:48
| author | libertarian-cop |
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2017/05/25 05:16:03
| author | jphenderson |
| body | Welcome to steemit. Very glad to have you here. We need more cops like you in the world and I'm eager to read what you will write. Upvoted, resteemed, and followed. |
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2017/05/25 05:12:45
| author | libertarian-cop |
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2017/05/25 04:38:30
| author | libertarian-cop |
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2017/05/25 04:26:06
| author | libertarian-cop |
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2017/05/25 04:25:57
| author | stringcity601 |
| body | Welcome . Cool story! I'm from the states & libertarian myself. Upvoted & followed. Hit me back! I'm new as well. |
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2017/05/25 04:24:30
| author | ultramylk |
| body | Awesome. So excited and honored to follow you. A true Hero! |
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2017/05/25 04:22:24
| author | libertarian-cop |
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2017/05/25 04:02:12
| author | libertarian-cop |
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2017/05/25 03:23:36
| author | libertarian-cop |
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2017/05/25 03:05:57
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2017/05/25 02:51:18
| author | steemitboard |
| body | Congratulations @libertarian-cop! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@libertarian-cop) Award for the number of upvotes received Click on any badge to view your own Board of Honnor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` If you want to support the SteemitBoard project, your upvote for this notification is welcome! |
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2017/05/25 02:45:36
| author | adriansky |
| body | Great post man and inspiring, mine is no were near as good but take a look at my intro and help spread the steem! https://steemit.com/introduceyourself/@adriansky/intro-now-i-know-what-the-hype-is-all-about |
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2017/05/25 02:43:36
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2017/05/25 02:36:57
| author | libertarian-cop |
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2017/05/25 02:05:51
| author | libertarian-cop |
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2017/05/25 01:47:54
| author | doetwa |
| body | Guess I am not alone after all! ;) |
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2017/05/25 01:43:15
| author | sighmanjestah |
| body | @libertarian-cop Great introduction post. Looking forward to future posts. I have a brother in Christ that was an officer and he came to the same conclusions as you, but decided to change careers rather than try and wake other fellow officers. I especially like this sentence! ***"Since then we’ve moved on to be out of the closet openly Libertarian."*** I would like to encourage you in your task. Upvoted and following SDG |
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