Path: csiph.com!v102.xanadu-bbs.net!xanadu-bbs.net!feeder.erje.net!eu.feeder.erje.net!news.albasani.net!rt.uk.eu.org!aioe.org!.POSTED!not-for-mail From: "Rod Pemberton" Newsgroups: comp.lang.forth Subject: Re: Green Array energy consumption: a reality check. Date: Mon, 13 Jan 2014 02:57:21 -0500 Organization: Aioe.org NNTP Server Lines: 30 Message-ID: References: <52d2b239$0$25047$e4fe514c@dreader37.news.xs4all.nl> NNTP-Posting-Host: CNsg4fVcCsvs3UaOgZtQCw.user.speranza.aioe.org Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii; format=flowed; delsp=yes Content-Transfer-Encoding: 7bit X-Complaints-To: abuse@aioe.org User-Agent: Opera Mail/12.16 (Linux) X-Notice: Filtered by postfilter v. 0.8.2 Xref: csiph.com comp.lang.forth:27854 On Mon, 13 Jan 2014 02:54:09 -0500, Rod Pemberton wrote: > On Mon, 13 Jan 2014 02:45:42 -0500, Rod Pemberton > wrote: > > > >> P.S. Yes, it's true that simple usage of Bitcoin constitutes money >> laundering under U.S. Federal laws. It's a non-legal tender transaction >> with indeterminable source and destination that didn't occur within >> the financial system. The U.S. has two definitions of money laundering. >> That's the second one. The first is that money comes from an unlawful >> activity. The second one needs *NO* illegal activity other than usage. >> That's why you can be charged with money laundering from using poker >> chips, Canadian dollars used in the US, (etc.) to "transfer" money... >> > > P.P.S. Someone is likely to bring up bartering as a counter argument. > It's not. You're supposed to file IRS paperwork to provide the necessary > information (source, destination, value, etc.) for each bartered > transaction to not be considered money laundering under U.S. laws. > P.P.P.S Someone else is likely to bring up U.S. cash as a counter argument. It's not. It's (mostly) exempt since it's legal tender in the U.S. Rod Pemberton