[gsc] they're after the gold
--- begin forwarded text Mailing-List: contact gold-silver-crypto-help@rayservers.com; run by ezmlm Reply-To: gold-silver-crypto@rayservers.com From: "Adam Selene" <dgc@lunacity.org> To: <gold-silver-crypto@rayservers.com> Date: Fri, 4 May 2007 00:23:58 -0600 Subject: [gsc] they're after the gold Asset forfeiture laws have turned U.S. justice system into the biggest organized crime syndicate on the planet. Adam NOTICE OF FORFEITURE 78. As a result of the offenses alleged in Counts One and Three of this indictment, the defendants E-GOLD, LTD... shall forfeit to the United States any property... including, but not limited to all precious metals, including gold, silver, platinum, and palladium, that "back" the e-metal electronic currency of the E-GOLD operation, wherever located. --- end forwarded text -- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
Hopefully they read Neal Stephenson's Cryptonomicon and stashed big chunks of that gold overseas.
From: "R.A. Hettinga" <rah@shipwright.com> To: "Philodox Clips List" <clips@philodox.com>, cypherpunks@jfet.org Subject: [gsc] they're after the gold Date: Fri, 4 May 2007 10:39:04 -0400
--- begin forwarded text
Mailing-List: contact gold-silver-crypto-help@rayservers.com; run by ezmlm Reply-To: gold-silver-crypto@rayservers.com From: "Adam Selene" <dgc@lunacity.org> To: <gold-silver-crypto@rayservers.com> Date: Fri, 4 May 2007 00:23:58 -0600 Subject: [gsc] they're after the gold
Asset forfeiture laws have turned U.S. justice system into the biggest organized crime syndicate on the planet.
Adam
NOTICE OF FORFEITURE
78. As a result of the offenses alleged in Counts One and Three of this indictment, the defendants E-GOLD, LTD... shall forfeit to the United States any property... including, but not limited to all precious metals, including gold, silver, platinum, and palladium, that "back" the e-metal electronic currency of the E-GOLD operation, wherever located.
--- end forwarded text
-- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
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At 3:54 AM -0400 5/5/07, Tyler Durden wrote:
Hopefully they read Neal Stephenson's Cryptonomicon and stashed big chunks of that gold overseas.
It's *all* overseas, "protected" by a giant clusterfuck of trusts, corporations, lapsed and not, in various "friendly" jurisdictions all over the place. The gold itself is sitting in the usual gold depositories in London, and, I think, Dubai, and so on. Obviously, when it comes to Uncle, it don't matter a whit where the stuff they want is, if you're a US citizen, what's theirs is theirs and what's yours is negotiable. The IRS owns more than a few taxpayers' ex-villas in the sunshine around the world, for instance. More to the point, the database servers, and the officers, and the owners, of E-Gold are all in Melbourne, Florida. Game over. Eric Hughes' fantasy of "regulatory arbitrage" was always that, a fantasy. The law *anywhere* can change at the drop of a hat, and, ultimately, the law is what the guys with guns say the law is. You can run, but you can't hide, and, usually, you can't run either. Tim May was right. Cryptography, not the law, is how to ultimately protect financial assets from nation-states, no matter how benevolent they say they are, or capricious they may be in fact. And, like I've always said, financial crypto is the only crypto that matters. Cheers, RAH -- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
"Tim May was right" Did anybody ever really doubt that? Well, about the crypto at least... -TD
From: "R.A. Hettinga" <rah@shipwright.com> To: "Tyler Durden" <camera_lumina@hotmail.com>, clips@philodox.com,cypherpunks@jfet.org Subject: RE: [gsc] they're after the gold Date: Sat, 5 May 2007 11:05:53 -0400
At 3:54 AM -0400 5/5/07, Tyler Durden wrote:
Hopefully they read Neal Stephenson's Cryptonomicon and stashed big chunks of that gold overseas.
It's *all* overseas, "protected" by a giant clusterfuck of trusts, corporations, lapsed and not, in various "friendly" jurisdictions all over the place. The gold itself is sitting in the usual gold depositories in London, and, I think, Dubai, and so on.
Obviously, when it comes to Uncle, it don't matter a whit where the stuff they want is, if you're a US citizen, what's theirs is theirs and what's yours is negotiable. The IRS owns more than a few taxpayers' ex-villas in the sunshine around the world, for instance.
More to the point, the database servers, and the officers, and the owners, of E-Gold are all in Melbourne, Florida. Game over.
Eric Hughes' fantasy of "regulatory arbitrage" was always that, a fantasy. The law *anywhere* can change at the drop of a hat, and, ultimately, the law is what the guys with guns say the law is. You can run, but you can't hide, and, usually, you can't run either.
Tim May was right. Cryptography, not the law, is how to ultimately protect financial assets from nation-states, no matter how benevolent they say they are, or capricious they may be in fact.
And, like I've always said, financial crypto is the only crypto that matters.
Cheers, RAH
-- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
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At 7:59 AM -0400 5/7/07, Tyler Durden wrote:
"Tim May was right"
Did anybody ever really doubt that? Well, about the crypto at least...
Just an affirmation of the obvious. About the crypto, at least... Cheers, RAH The "up the chimneys" bit, is, shall we say, problematic... :-) -- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
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