Hawala Provider

[JackAlabama]

"crypto" is⁤ not used much for this purpose. The state goons themselves claim that even in their⁣ fakenewspapers. Theres enough articles out there.
Why one might wonder? Bc the alternatives are well⁢ established and very easy to use.

 

[clemens]

This answer⁠ will require a much better and more detailed explanation. I can't see why they wouldn't⁤ use crypto for this purpose?

 

[JackAlabama]

its derived from‍ stats published, you can look these up.

And it makes sense.
imo its because its⁠ very new, all of crypto except bitcoin is highly unsafe (tether can freeze accounts in⁤ a heartbeat for example), so you are basically left with bitcoin which is unstoppable but⁣ is highly volatile and ppl dont understand it anyway both from an economical and technical⁢ point of usage, so they annot be bothered with much since you cannot just wire︀ from binance app to coinbase app etc.

 

[Wellington]

Crypto is terrible for crime. Period.

 

[Wellington]

https://www.justice.gov/usao-sdny/p...-responsible-illicitly-moving-more-65-million

 

[uplana]

I must admit that the response regarding crypto and crime is positive. When crypto can't‌ be used for such things on a large scale, it will also suck that our‍ dear authorities have once again just used the pretext to get crypto thoroughly regulated on⁠ that basis!

It's a bit like when Bush started a war based on the claim⁤ that Iran was about to build a nuclear bomb, which was only an illusion in⁣ the mind of a war-hungry man.

 

[jafo]

They indicted three little guys for moving a measly‌ $65M while big banks moved BILLIONS and were fined BILLIONS??? 😳

https://www.enzuzo.com/blog/biggest-aml-fines
Goes to show who‍ the real criminals are stupi#21

 

[Wellington]

Banks are protected as they have to do SARs in return for⁠ lower fines.

The federal agencies just tally up and must have files on everyone ready⁤ to pounce when they see fit

That’s why you see these large numbers, individual transaction⁣ accumulated over years to a large number.

The large number is for the press but⁢ broken down a transaction may be only 10,000$ etc

There’s always the argument why didn’t︀ you stop it early on, the feds response is data gathering “allowing the perp to︁ tie their own noose”.

 

[JackAlabama]

as always: Rules for thee but not for me

 

[Frank in Bangkok]

Practical and useful tactics ...⁠ thank you, @DarkRevoMan for that post

And now, this funny comment about Hawala:
Cleaning out⁤ old files of papers today, came across this. Just one sheet of paper printed from⁣ the Internet, yellowed with age, maybe 20+ years ago. No idea at all of the⁢ source, but I would like to read more from that source! He wrote:

Well ... probably not "with ease" ... certainly not︅ nowadays.
Could be the beginning of new branch of science fiction -- stories of "financial︆ science fiction".
Fun to think about possibilities, eh?

As the world policemen in Brussels and︇ Washington are "de-funded" in various ways, the concept of Hawala might become useful, or even︈ necessary, for financial survival.
The fundamental concept of Hawala is high trust and high privacy...︉ at every step of every transaction.
And I can't imagine a Hawaldar taking your money,︊ and then demanding proof of source of funds, or he will keep your money.
As financial systems break down all around the world, I think the concept of Hawala could︋ become in demand.

 

[jafo]

I have a "friend" who uses (something similar⁤ to?) Hawala (I don't know my "friend" or his connections that well - wink wink).⁣ They wire transfer the funds to his bank accounts or his suppliers in China, and⁢ then my "friend" sends his cryptos to them or gives them the cash. ange¤%&
This IS︀ high trust! No compliance officer BS. No copies of ID, birth certificate, utility bills, tax︁ certificates, residency requirements etc etc

Also, my "friend" can go by and pick up CASH︂ (yes, actual REAL CASH) and then send "his" (sometimes...it's NOT even "his") cryptos to the︃ wallet provided by the cash purveyors. My "friend" says he's never tried anything more than︄ a few million in cash, so he has NO idea how high they can go.︅

I wrote about it a few months ago here: Unlock the Gates of Success: Mentor︆ Group Gold!

PS. People, travel! Go to high-class places. Accept the places as they "are."︇ There IS a reason why they are like that! Start observing! Before you know it,︈ you have "graduated." 😉

 

[Frank in Bangkok]

Mr. @jafo and I both see a huge market opportunity for "trust" and "privacy".⁣
Not just write posts about it, but actually provide it as a service.
(Which is⁢ what Hawala does/did.)

I wish I could come up a way to turn that "hole︀ in the market" into a product or service for sale.

The best I've been able︁ to come up with are:
1. escrow in creative and flexible ways (already offered on︂ OCT.)
2. insurance, also in creative and flexible ways.
3. bills of exchange in various/multiple︃ currencies or gold
4. expensive artwork as steganography for moving value from place to place.︄ (Already being done.)

On a personal note: I'm an expat in a very low trust︅ culture.
The USA, where I'm from, used to be a high trust culture.
The Far︆ East, where I live now, never was a high trust culture.
So I've experimented in︇ my personal life with offering high trust transactions to people around me here.
At first︈ they are stunned, but once they realize they are not being cheated, they are eager︉ for more.

Is there any way to "monetize" trust and privacy (besides Halawa)?
Thoughts?

 

[diro]

you offer as a service?

 

[jafo]

I can't answer for @Frank in Bangkok, but I don't offer ANY services. I only share my successful experiences‌ (40%,growth & profit = unlimited) and my failures (60%,loss is limited to initial "investment") on‍ OCT so others don't fall for the same state-sponsored "societal scams" I have. stupi#21

You can⁠ read more about the solutions I have found here: Unlock the Gates of Success: Mentor⁤ Group Gold!

Cheers!

 

[Davis123]

It was Iraq not⁢ Iran. When did he started a war in Iran?

 

[EliasIT]

very good⁣ reading, you had a lot of experience when writing the post.