THAT IS WHAT I HAVE BEEN TELLING YOU! ONE MORE TIME: THIS NOTE = The Fiat CURRENCY IS = It is what it is... LEGAL = ACTS and STATUTES with the FORCE of LAW (It's written) TENDER = Unconditionally offered, with use being proof of acceptance. EXCHANGES are IN THEIR JURISDICTION! IT SAYS SO ON THE MONEY.

Are they saying Bitcoin is money? It seems to me he was transferring a good or service to someone in exchange for FRN's.

Sigh.. NO! THEY HAVE JURISDICTION! THEY get to decide what it can be used for.

That's why in drug busts, you always see, PILES OF MONEY. That is what allows the government to claim property.

Well then he was foolish? Perhaps should have traded it for commodities/tangible assets. Avoid the NOTE at all costs?

I thought so too so I asked before: Lana Dukakis If we use legal tender to buy dogecoin, could the tender for law be legally attatched to the dogecoin? Sorry if that sounds stupid. February 2 at 7:27pm � Like Pete Daoust And HOW can you show that "YOU" used legal tender to get some Dogecoin with ... ? How can you do that ?? February 2 at 7:29pm � Unlike � 4 I thought that Captain Pete meant that we were safe because there is no proof because it's all encrypted and that my ALL CAPS name wasn't EXCHANGING it. SO WE SHOULD NOT USE LEGAL TENDER TO EXCHANGE because they have jurisdiction? I thought we were being asked to use legal tender to exchange for Doge if we couldn't mine it fast enough for the 10,000 dogecoin requirement. I guess I misunderstood. I just exchanged legal tender for 20,000 dogecoins about a week ago. I guess my ALL CAPS name could get in trouble now. ?

Charged with money laundering? I should only mine it from now on?

It cannot. It will just be considered "contraband". The law hasn't responded with its knee-jerk reaction yet.

He specified an amount that would require an insignificant amount of legal tender. I doubt there would be an issue. Even if there was listen to Scott!

The idiots will just strengthen it and make it even HARDER to track.

Like prohibition always does?

But with THIS, the rules change. DEBT-FREE CURRENCY with no tender for law attached to it, has no competition. The IMF becomes obsolete in less than 10 years. These things are just "lego" to me. Ethereum is just another block.

They will struggle for relevance. cling to it violently?

So we should ONLY mine it and never exchange legal tender for it because that could be thought of money laundering. Ok. Got it. I think. :( I have to re read all these threads again.

LEGAL TENDER is just CONDITIONS being OFFERED UNCONDITIONALLY. It has NOTHING to do with CURRENCY.

If someone owes me money (legal tender) and I ask them to exchange legal tender for dogecoins and then send me the going rate for dogecoins which equals the amount of legal tender they owe me, can my ALL CAPS name still get charged with being a party to money laundering? Or does that remove me since I only received the dogecoins?

There is no way they would remove the LEGAL TENDER so this competition or true lack thereof sparks a war?

If you "ask" them I'd make sure there's no way to prove that.

They can "charge" you all they want and I understand that it is a hassle, but who is SURETY in the matter? You have to overcome the fear and I know it is difficult.

Your PERSON could be charged with conspiracy I imagine if they could prove you asked and were knowledgeable. Isn't all this irrelevant if you know who you are and avoid being SURETY? Does this "Tender for Law" override a NOTICE OF MISTAKE and is it impossible to escape?

This where it would be advantageous to have a corporate person you trust to handle all exchanges in private. Where the currency is: for deposit only, for exchange and or conversion to private currency which is then held in trust, until the next exchange is needed.

I really wish I would have been WARNED and known the above before I exchanged for the coin. I was under a false impression. I need to read more and ask more questions. Wait. I did ask. I don't know, sometimes I think I understand something when I really don't. No one specifically mentioned EXCHANGING legal tender for dogecoin could find our ALL CAPS name charged with fraud and or money laundering. :( I just read the get 10000 dogecoin and a wallet order thread again. I didn't come across anyone saying :Whatever you do do not get dogecoins using legal tender. I'm still not sure what I missed. I didn't count but there must be over 25 people who said they were going to use legal tender and no one WARNED them that they would be committing money laundering if they did that.

Do you plan on doing the exchanges for an extended period of time? I bought a whole bunch of them, it's a fucking legal product and the amount of legal tender involved is miniscule.

Maybe I phrased the question wrong?

I'm off to bed. Thanks for clarifying this for me Scott! I'm getting there slowly but surely. :)

Crypto currency is NOT a legal product. It has no legal tender attached� It is outside legal jurisdiction. That is what has them trying to bust people and setting up stings. Which used to be called: entrapment. Can you say Delorean? If everything is done in a Private exchange, it is none of anyone's business. The powers that be will do anything to tell you different. So, I am thinking a trust that has been established, is still advantageous when the duly authorized trustee corporation is adminstrating all exchanges in PRIVATE. Like your own private bank with an internal private currency. Where the legal tender is held in trust for others. Surety is held but the corporate legal person and accounted for by same. Removing the all caps name by lien takes it out of the picture, because if done properly it is PRIVATE as well. Then the math takes over�

I absolutely understand it has no LEGAL TENDER attached what I'm saying is that even in the realm of legal as opposed to lawful it's not illegal or unlawful. It's just another product is it not?

It is not a product, it is a currency, go look up some words.

That is subjective. I'm saying that in the eyes of the state is it recognized as a currency? Is gold or silver? I exchange them. I only define it in such a way because of the way she has posed her questions.

She's afraid to buy Dogecoin is that not somewhat ridiculous? Should I be afraid to buy booze because someone may not like it? I have a lot to learn and if I have an ass reaming coming do commence. :)

"That is subjective"? No, that is ignoring what I'm telling you. LEARN WHAT CURRENCY IS! It's "Recognized" when two parties AGREE! That's what currency IS: Accounting of the agreement.

"is that not somewhat ridiculous"? - NO If you are going to establish a jurisdiction, you don't have the right to hop between the two. Pay me CASH (legal tender on fiat notes) and I will sell you the coins. I am not IN COMMERCE, SELLING THE COMMERCIAL SERVICE of EXCHANGE. THESE PEOPLE ARE.

SEX is currency here, at AQUILAE, and you can buy a LOT with it too! I cannot conduct business in commerce using sex as currency, but it sure buys a lot around here! :D If you will ONLY WORK FOR DOGECOINS, then the party PAYING you has to scare up the DOGEs SOMEHOW, to pay for it. That's NOT YOUR PROBLEM. The goal is to CUT MONEY OUT.

I definitely think wrong and am not afraid to admit. Is there a concern when buying Dogecoin with LEGAL TENDER?

YOU get to decide how you get paid. Nobody ELSE has that right.

I am not liable for the choice of another to accept the LEGAL TENDER?

You really can't see how stupid that sounds, can you?

You are not liable for ANYONE"S CHOICES. What kind of slave-bitch mentality do you have?

Tell me ONE EXAMPLE where YOU are liable for MY CHOICES. Just one!

All of you seem REALLY GOOD at making shit up, yet NONE of you have any original thought. We call that IRONY.

I am not liable for your choices. So is it correct to say I have no liability in the matter if someone chooses to accept my LEGAL TENDER for Dogecoin?

You have no "Legal Tender". That doesn't belong to you. You are just the holder of the BENEFIT.

They can't accept YOUR LEGAL TENDER, because YOU DON'T OWN ANY.

I follow that it definitely is not mine.

LEGAL TENDER is OWNED by somebody else. YOU OWN any Crypto-Currencies you mine or buy. Just like you OWN any Heroin you may have.

It is nice to interact with people who can put perspective into things like this. I deal with morons every day literally pathetic slaves and even if I'm being intellectually destroyed here it's nice. I gather that because I don't want this "BENEFIT" I should avoid LEGAL TENDER like the plague?

Lana Dukakis,.I am very curious on how you got dogecoin using legal tender.....please explain to me HOW you did it ? :-D

Step by Step .....by Pete.... :D 1). Go to store BUYING a prepaid credit card with LEGAL TENDER. 2). Hooked that credit card, which is NOT legal tender, to a PAYPAL account. 3). Used that MONEY OF ACCOUNT, on that PREPAID credit card, which is a DEBIT card really, and EXCHANGED that money of account, for some Dogecoin. Have you done something similar to this Lana Dukakis... ?

If it's the case, you've bought a prepaid debit/credit card with legal tender.......that's all :/

And you are the ONLY one that knows it :D I hope you don't run a paypal account using the person you happen to have in your pocket its NAME..... That would be stupid :(

Morning Captain. :) I used cash to buy a prepaid credit card with a serial number which was activated at aisle seven checkout at a Walmart at 3:42 pm under a bunch of surveillance cameras, then hopped into my friends car with license plate number xxxxxx in a parking lot which was also under surveillance cameras, and we drove off. :(

^^ I used that prepaid card with it's serial number, to exchange for my dogecoins on my laptop with it's traceable ip address.

I'm not so much worried about me because I only exchanged about $46. I was thinking that some in this group may have exchanged several hundred or even thousands of dollars on traceable prepaid credit cards on their traceable computers with their unique ip address. :(

ok, but is it ILLEGAL to use BANK NOTES to BUY a prepaid credit/debit card ? :-\

No. But from what I understand so far it is illegal to set up a scheme to launder money (legal tender). Using the above method I (we the flesh and blood men and woman using the ALL CAPS name) can be proven to be technically laundering money. At least that is what I understand so far. Am I missing something here Pete? Sometimes I'm a slow learner. :(

yes you are :-D

That debit/credit plastic card you've bought, do you consider it as legal tender ?

Scott liked my post above when I asked if I should only use my computer to mine dogecoins and never use legal tender to get it. Can you help me to understand what I am missing?

That credit card you've bought, is it legal tender ?

I think I get it. :P :D It is not legal tender it's money of ACCOUNT and not money of EXCHANGE. Visa converted legal tender to money of ACCOUNT. So we are guilt free?

Of course MINING is the ABSOLUTE best solution.... :-D

And Lana Dukakis, what if I send you one of these plastic cards as a GIFT ?.... :-D

As they say: Muhahahahaha

And it's NOT "your" laptop, and it's NOT your IP address.... I OWN nothing, and PIERRE DAOUST owns NOTHING as well.....the laptop I am typing this on, right now, is NOT mine, it's owned by ANOTHER person, that IP address has NOTHING to do with "me", it's hooked to a corporation of some sort... :D The ONLY thing I may OWN as we speak, is 1 million dogecoin, NOTHING ELSE :D

Next time you go out, to BUY one of these credit prepaid card, put a full face helmet on :D So for the conclusion of all this, you HAVEN'T exchanged LEGAL TENDER for DOGECOIN, you exchanged MONEY OF ACCOUNT (AIR) for DOGECOIN :P

One more time so it sinks in. About the money laundering thing again. Joe Blow spends $10,000 on prepaid credit cards, or gives the legal tender to their friend to buy $10,000 in credit cards, then those cards are gifted to Joe and he goes online to exchange that money of account for dogecoin - the cops can't do a thing and can't charge Joe with money laundering? The cops would just say "shucks and golly". We know Joe gave his friend legal tender, we know Joe's friend used that money to buy debit Visa cards and we know that those Visa cards were used to exchange their balance for dogecoin, BUT those super clever boys added a step and no JUSTICE would NOW ever be convinced that Joe Blow was LAUNDERING MONEY? That Joe Blow guy is too clever for us, let's close the case and call it a night. Is that right?

Not really !! :/

Joe Blow spends $10,000 on prepaid credit cards: WHO WILL KNOW THAT, ??

Let say JOE BLOW has a fucking full face, and he took the subway to go to the store.... ??? :/

and he goes online to exchange that money of account for dogecoin....WHO WILL KNOW THAT ???, and HOW ?? :/

It is not money laundering, it is a currency exchange. From one form to another� When you exchange the cash into credit, there goes the surety�

You will have to learn what ANONYMOUS mean, Lana Dukakis :D

Me, I have learned it at a very young age, I have a step above you on it... :D

The credit then can be used to buy what ever the fuck you want. The good guys do not hide and not afraid of these fucktards with guns� There is no surety for me in any of this, it resides with some one I trust. And even if it did not there is still no money laundering happening� it Is AN EXCHANGE OF CURRENCY.

Like I said above. Debit/visa card with serial numbers activated at 4:00pm at Walmart store x in aisle 9 used to exchange for dogecoin on computer X located at this address through a Rogers agreement with JOE BLOW which he accepted full commercial liability. I'm going to look up money laundering. I'm scared I'm "pulling things out of my ass" and should be quiet now.

Good idea.

It always boils down to ACCOUNTING AND SURETY. Look those up too�

http://laws-lois.justice.gc.ca/eng/acts/P-24.501/page-1.html#docCont It isn't MONEY LAUNDERING unless the money comes from proceeds from crime OR the MONEY USED is meant to support TERRORISM (acts of war against the state). There's all kinds of talk about accounting in there and surety. Still reading! :)

One thing I have realized is that I need to set up my trust and get a person (corporation) I trust to manage it. I did step 2 before step 1. :(

Yes, They call that in government land the PCMLT Act.

I need to set up my trust, NO...!!!.....I need to set up A trust :D

Yep, if not it creates all kinds of conflicts of interest.

Form a trust, get out of their employee handbooks.

And who the fuck is a terrorist ? A currency exchange is not terrorism.

From Proceeds of Crime (Money Laundering) and Terrorist Financing Act �terrorist activity� has the same meaning as in subsection 83.01(1) of the Criminal Code. That is a big read. (A) in whole or in part for a political, religious or ideological purpose, objective or cause, and (B) in whole or in part with the intention of intimidating the public, or a segment of the public, with regard to its security, including its economic security... (E) causes serious interference with or serious disruption of an essential service, facility or system...Still reading!

Going for lunch. I'll come back and read some more and be back on here tonight. Thanks for the help guys! :D

And please, do not forget that these acts and statutes can only applies on PERSONS.......not you :D

Get out of the government clubhouse, make your own.

Ask Derek Moran... Oh wait !!! :(

:-D

Some might call me BELLIGERENT. :D

lol See ya later.

Confused Belligerent :D

Been there done that :/

I came across this statement in my travels :-D "The truth by it s very nature is Belligerent" -Mark Passio

The principles apply to ALL Crypto currency. http://www.youtube.com/watch?v=l0WA8FDui4Y

Can you find that same video ^^^^^^ but in English ? :/ .....or at least in Frenglish :(

He speaks to the so called money laundering thing�

Same thing happen when a French from France speaks, I don't get fuckall :(

ah� ok.

You may have to watch it a few times with the pause button and a dictionary�

The powers that be have instituted capital controls, just try to buy anything over 10 grand with cash. The banks are questioning you like bitches when you do a withdrawal, feel like your married to the teller. Wtf ! Keep the exchanges small. Americans, Chinese and others have $50 thousand limits on leaving country. The money men want to know WHERE all their cash has gone, that's why they changed the color of it, old notes show up and people are gonna get questioned.

A private currency exchange operating under charter, has limited liability in these matters, in trust.

yes, under 10k mo/ 100k/yr. exchanges to the same party totaling 10k in a 30 day period are considered a single transaction. so, trade dollars for metal, trade that for digital currency.

i could go to 10 places locally per month and sell them each 250 ounces of silver without raising any flags. thats why you want one ounce rounds, eagles & maple leafs. because thats what they can move easily.

http://news.ca.msn.com/canada/video/?videoid=cbcc2014-1202-2124-0047-243680530600