* Posts by Thorne

1332 posts • joined 10 Apr 2012

Mechanical monster macropod LEAPS out of the lab

Thorne
Terminator

I for one....

Welcome our new robo skippy overlords.......

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Money? What money? Lawyer for accused Silk Road boss claims you can't launder Bitcoin

Thorne

Re: Excellent points

So are baseball cards but last time I checked, they're not a currency either.

I think people are confused because bitcoins have the word coin in the name. The law states that it's property and until they law says that bitcoins are money, you can't get charges with money laundering (at least until you exchange them for money)

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Thorne

Re: Money Money Money

I could argue the same for expensive paintings and wines. It's property that can be exchanged for money.

According to the law, it's property and never money.

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Thorne

Re: Of course you can't launder bitcoins.

"Not sure what you mean by "anonymous", but they are traceable. That's the whole point of the chain. The equivalent of laundering would be the pooling shops that mix the content of wallets, making the coins hard to trace -but not impossible."

No it's impossible to trace without the police having everybody's wallet. The wallets are anonymous and short of getting caught with the wallet, the police cannot identify the owner, let alone what the coins were spent on.

Think of it like anonymous credit cards. You can see the flow of money but without linking the cards to people, you can't see who's buying or selling.

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Thorne

Re: Chewbacca defense

"The bitcoin does not have to be a currency to achieve this. The money laundering process begins when the bitcoin was bought (or money changed hands for the goods that were then traded for bitcoin)."

That's true except Rob didn't change the format. He was paid in property (bitcoins) and left it as property (bitcoins). It's not until Rob changes it to actual cash that they can claim it. Considered the police seized bitcoins instead of cash, their argument falls flat.

Just image Rob was paid for with an expensive painting and hung the painting on his wall. You can claim laundering if he sold said painting for cash but you can't for him keeping it instead.

You can only do it if you declare paintings as a form of currency (and not property) or make a property laundering law.....

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Thorne

Re: That would be a pretty big hole in the law

"and use that money to buy Ferraris, beach houses and hookers, which are all a drug lord really wants in the end"

Isn't that what we all just want?

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Thorne

Re: Excellent points

"The government may need to prove a larger operation for the money laundering, but since the bitcoin are exchanged for cash, it's still a money laundering operation. Just because he only had the subcontract for exchanging property doesn't invalidate the operational basis."

Ah but your argument falls flat as the bitcoins hadn't been exchanged to cash. They were still bitcoins.

Rob was paid in bitcoins (which are property) and he left them as bitcoins (still property). You can't argue it was money laundering because at no stage while in Robs possession was it turned from or to an actual currency.

You can argue proceeds of crime but you can't argue money laundering without money. The government needs to declare bitcoins a legal currency or they need to drop the money laundering charges.

At the end of the day, the law is an ass.....

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Thorne

Re: Excellent points

Yes but there is no property laundering laws and as such the money laundering charges have to be dropped.

As for the proceeds of crime, running a website isn't a crime just because said users used it for crime otherwise Google would be in trouble.

The law isn't about right or wrong, justice or injustice. It's always about the letter of the law. There are going to be some serious precedents set no matter who wins this.

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BT Tower to be replaced by 3D printed BT Tower

Thorne

As much as this is a joke, the future will be 3d printed buildings.

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Google slashes cloud storage to $0.026 per GB. Your move, Amazon

Thorne

Re: Winners?

Long-term, Google and the NSA win.

FIFY

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They ACCUSED him of inventing Bitcoin. Now, Nakamoto hires lawyer to CLEAR his name

Thorne

I'd of thought the skills writing a crypto currency would make him very employable.

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Plod foils drone drug drop down under

Thorne
Black Helicopters

Ha Amazon!

We Aussies beat you to get an operational drone delivery service.....

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I NEVER DONE BITCOIN, says bloke fingered by new Newsweek

Thorne

Re: I think he's just afraid of the tax claim he'll get

Not if he spends on coke off the Silkroad.....

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China to blow away smog with DRONES

Thorne
FAIL

Yay

Lets solve the pollution problem by using more chemicals......

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US gov claims it spent TOO MUCH on wiretaps – and blames SPRINT

Thorne

Re: Dilemma

If you have to buy equipment to comply on the government's spying demands, then they should pay for it.

The only thing the government has a right to complain about is not getting a discount for spying in bulk...

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Thorne
Megaphone

Don't like the bill?

Then stop bugging everyone.....

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Trans-Pacific Partnership negotiations stall again

Thorne

Re: thank you

May TPP die a quick death and never be seen again

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Thorne
Thumb Down

There is nothing more democratic than secret treaties that sell us out to multinational companies.

Quick, buy up Vasoline before parallel imports are banned and drives the price up.

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Handcuffed Obama administration pokes patent trolls, pleads for Senate legislation

Thorne

Is it just me but.....

Executive action one : Find free workers

Executive action two: Find free engineers

Executive action three: Find free lawyers.

These changes are the most you can do without actually doing something.

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Google teases more cities with bonkers-fast fiber broadband rollouts

Thorne

And the Liberals think.....

That 25 Mbit is fast enough for anyone with their fibre to the node NBN.

F##King retards.

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Who OWNS data generated by 'connected cars' sensor slurpers?

Thorne

Re: Easy Answer

"ahhh the naivety...

First its for your own safety, however Its a long slippery slope..I can just imagine the Police loving this. Caught not wearing a seat-belt by your SIM card. And how long before GPS data is added etc.

(Substitute speeding, parking in a no parking zone, etc take your choice)"

No naivety here. I've known the police would install black boxes for years. A total record of when and where and fines will be automatically deducted from your bank account.

These black boxes will be legislated that all your data belongs to the government.

The only thing that has a hope of crushing the black box dream is self drive cars. If the car is driving and can't break the law, then there is no money to be made and the government loses interest.

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Thorne

Easy Answer

Who owns the sim card? They're the ones paying for the data thus should own it. Phone companies don't transmit for free.

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Imprisoned Norwegian mass murderer says PlayStation 2 is 'KILLING HIM'

Thorne

Re: He previously complained bitterly about the lack of hand lotion.

I hope his complaint about hand lotion was because his cellmate wasn't using lube.....

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Thorne

Re: If they were serious about punishment

With a name like Fluffy Bunny, you'd think you'd be less serious. My comment was an insulting dig at Windows 8, not actually a comment about the role of prisons.

If I was actually commenting on Brevik, I'd say just surgically remove his eyes, ears and tongue and let him spend the rest of his miserable life, dark and alone, dependant on the charity of others, not whining that his playstation doesn't have the cool new games.....

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Thorne

Re: If they were serious about punishment

"they'd give him a Windows 8 machine instead."

Prison is about rehabilitation, not punishment. You can't give him something that will make him want to go out and kill someone.......

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The UNTOLD SUCCESS of Microsoft: Yes, it's Windows 7

Thorne
FAIL

What the hell did they expect?

When they forced a touch interface onto desktops without a touch interface.

If the idiots had left the start bar alone and allowed desktops to default to the desktop mode, they would have never had this problem.

If MS bothered to ask consumers this would have never happened.

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Microsoft gets with the times, builds two-factor authentication into Office 365

Thorne

Will it stop the NSA snooping

Probably not.....

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Prince sues 22 music file-sharers for ONE MEEELLION dollars each

Thorne

Ummmm

Are these Americans or is he going to have to file in Durk Durkastan?

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Anonymous: Sign this petition or we'll … get mad about the media?

This post has been deleted by a moderator

MPAA spots a Google Glass guy in cinema, calls HOMELAND SECURITY

Thorne

Re: Damn you Halley Berry in Cat Woman....

No just the whole movie (which was god awful). The plot was more rancid than week old road kill and less substantial than a budget porno.

Worst movie ever.

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Thorne
Pint

"Make sure you have your memory switched off then."

I've tried to for some movies and for some I've tried to wipe the memory. Damn you Halley Berry in Cat Woman....

Beer icon cause I'm still trying to wipe it.

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Thorne

Re: According to the Law.....

"fraud & kidnapping and attempted rape"

Which charge was the real one and which one was to get the press?

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Our Milky Way galaxy is INSIDE OUT. Just as we suspected, mutter boffins

Thorne

"Well I don't believe in the Big Bang I'll tell you that. How did this become such a believed theory? It has glaring "plot holes". I think just settling on the BB is lazy science."

Don't tell me you go for the "God made it in six days" theory?

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ESA rejoices as comet-chasing Rosetta probe wakes from 3-year nap

Thorne

Re: good media

Probably mining bitcoins while it waited.....

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HP sticks thumb in Microsoft's eye, extends Windows 7 option for new machines

Thorne

Ahhhh Vista 2.0.......

Or was that Windows ME 3.0?

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Indian minister's wife found dead after Twitter rampage

Thorne

Clearly it was an accident

She slipped over onto some bullets.....

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Google Glass driver told she CAN wear techno-specs while on the road

Thorne

Clearly the cop was corrupt

"Abadie also beat the speeding ticket he gave her for driving at 85 miles per hour in her Prius because of lack of evidence."

A prius capable of doing 85mph? Clearly the cop lied.....

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Top patent troll sues US regulators for interfering with its business

Thorne

Re: re: re: leave Waco

Is Waco short for "We ain't coming out"?

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Thorne

Re: leave Waco

Just crazy cultists armed to the hilt with assault weapons and boxes of matches......

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Google gobbles Wi-Fi thermostat maker Nest for $3.2 BEEELLION IN CASH

Thorne
Mushroom

"No but the NSA will know your thermostat setting."

Cause terrorist like it hot......

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Thorne

Stupid American Patents.

"featuring "innovations" such as a rotating dial with an LED to indicate the temperature"

Is it just me or is this another stupid American patent? A rotating dial with an LED? What new exciting development next? A togglable switch with with an LED?

Stupid damn American patent system.

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TPP treaty nearly ready to roll over us, says Oz minister

Thorne

They sleep very well on a big pile of cash.....

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Gorilla Glass fights dirty, dirty germs with antimicrobial coating

Thorne
Gimp

Clearly.....

They didn't want the fanbois to get sick when they make out with their iDevices....

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Italian woman stunned by exploding artichoke

Thorne

Re: I will therefore

"Buy tinned artichokes, hire a butler and cook, and get them to take the risk"

Easier to just eat bacon....

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Bay Area plots Googlebus tax after local residents riot

Thorne

Re: Excuse me?

Great idea!

Lets get rid of the busses and the tech workers can all drive to work instead.

Maybe if the F-wits had an issue with the busses, they could actually run and charge the bus service for the companies. Google would only be subcontracting from a bus company anyway.

Can't see how Google can win. The existing bus services don't cater to their business. Residents complain about the private bus services. Residents complain about the extra cars if there was no busses. Residents complain if the tech companies move out and take their jobs and money with them leaving the residents living in a depressed area and dropping house prices.

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Time travellers outsmart the NSA

Thorne

Personally I'd of hoped

That time travellers would have evolved beyond Twitter....

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Australia's new year tech headlines … for 2015!

Thorne

How do you?

"Pressure to do so will come from the fibre-to-the-premises-or-nothing crowd, which may finally figure out that it needs to engage meaningfully and not just send in petitions."

How do you engage meaningfully with politicians? Bribes?

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Harvard kid, 20, emailed uni bomb threat via Tor to avoid final exam, says FBI

Thorne

Re: Missing the obvious...

The stupid part was confessing. Last time I checked TOR wasn't illegal. He might have been ordering drugs for a frat party, looking at weird porn, pirating a movie or looking up his favourite Jihadist website.

Plenty of reasons to use TOR.......

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United Nations signs off on 'right to privacy in the digital age'

Thorne

A total waste of time

That will be ignored by every spy agency in the world......

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Thorne

Re: That's a relief then

Well they used one magic wish to ban smacking of children in Australia.....

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