Bitcoin Processors Reconsider Marijuana Stance After FinCEN Ruling

“FinCEN indicated that financial services companies can now work with marijuana-related businesses in states where the drug has been legalized for medical or recreational purposes. This is provided it is ‘in a manner consistent with their obligations to know their customers and report possible criminal activity’.  However, while the announcement opens the door for all manner of financial services providers, from banks to credit cards to bitcoin payment processors, to potentially serve the industry, bitcoin payment businesses are split about a potential path forward.”

http://www.coindesk.com/bitcoin-processors-reconsider-marijuana-fincen-ruling/

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Yes, Bitcoin Enables Drug Dealing, Just as Major Banks Do

“Charlie Shrem, along with a Florida man named Robert Faiella, was charged with conspiracy to commit money laundering linked to alleged sales of more than $1 million in bitcoin to people who wanted to buy drugs on Silk Road, an online marketplace that accepted only the crypto currency.  The arrests underlined growing concerns among law enforcement that bitcoin, a purely anonymous means of exchange, had become the preferred currency of the criminal underworld, and that payments companies like Shrem’s had become the enablers of drug trafficking and other nefarious enterprises. But you know what else has a history of enabling nefarious criminal enterprises? Banks.”

http://nybw.businessweek.com/articles/2014-02-07/bitcoin-enables-a-fraction-of-the-drug-dealing-banks-facilitated

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Bitcoin Now Accounts for 10% of Sales at Porn.com

“David Kay, marketing director for Porn.com’s parent company, Sagan Ltd, spoke to CoinDesk about his company’s progress so far, and noted that after one month, bitcoin purchases have “stabilized at 10%” of its sales.  Kay said that having a payment method that appeals to its customer base is key to delivering quality content, and that bitcoin satisfies this need. He explained: ‘I think surfers like the anonymity of purchasing a premium membership with bitcoin. They don’t have to worry about what shows up on their credit card statement.’  The United States has thus far accounted for the most bitcoin payments, with the United Kingdom and Canada rounding out the top three.”

http://www.coindesk.com/bitcoin-10-percent-porn-com-sales/

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Out of the ‘Shadows’: Pot Sellers Can Now Do Business With Banks

“The Obama administration issued new rules Friday intended to ease the concerns of banks wanting to deal with businesses that legally sell marijuana.  While 20 states and the District of Columbia have passed laws allowing the sale of medical and recreational marijuana, its production, sale, and possession remain illegal under federal law. And because the federal government regulates banking transactions, marijuana dealers have been unable to get banks to do business with them.  As a result, dealers operate strictly with cash, creating a tempting target for thieves. Treasury officials say the revised rules should reduce the dangers associated with conducting an all-cash business.”

http://www.nbcnews.com/news/us-news/out-shadows-pot-sellers-can-now-do-business-banks-n30661

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Woman with HIV alleges police bias in suit against Dearborn

“Jones’ vehicle, driven by a companion, was stopped Aug. 3, 2012, reportedly for a broken tail light and she ultimately was ticketed for marijuana possession. On the video, the officer is recorded telling Jones she was ticketed because he was ‘aggravated’ she hadn’t disclosed her HIV-positive status before the search.  The officer’s statements were ‘cruel, discriminatory as to her disability, and did cause emotional harm and embarrassment,’ according to the lawsuit.  In September, Dearborn dismissed a misdemeanor marijuana charge against Jones, her attorneys said.”

http://www.detroitnews.com/article/20140127/METRO01/301270112/1409/METRO/Woman-HIV-alleges-police-bias-suit-against-Dearborn

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How Long Can a Cop Keep You After a Traffic Stop? No One’s Sure

“How long is too long? 15 minutes? Seven minutes? 20 minutes? An hour?  Last Friday, the U.S. Court of Appeals for the Eighth Circuit weighed in on what they think constitutes a not-too-long amount of time.  The court said the stopwatch starts after the citation is issued, not after the car is pulled over, and that an additional six to seven minutes is a de minimis (or insignificant) intrusion on a driver’s privacy, regardless of how long the stop lasted prior to the issuance of the citation.”

http://www.theatlanticcities.com/commute/2014/02/how-long-can-cop-keep-you-pulled-over-after-traffic-stop-no-ones-sure/8293/

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Henry Magee, John Quinn, and the “Right of Resistance”

“A richly documented and tightly argued amicus curiae brief filed on his behalf by the US Justice Foundation, Gun Owners Foundation, and several other public interest groups contends that the ruling by the appellate court in Texas ‘establishes a per se rule that, every time the police have a valid warrant, they can execute it without knocking, violating the Fourth Amendment at will,’ if they discover that a resident has a legally owned firearm.  ‘If the police are now permitted to justify no-knock raids any time there is a firearm in the residence,’ observes the brief, ‘no American home is safe from a terrifying, middle of the night home invasion.'”

http://freedominourtime.blogspot.com/2014/02/henry-magee-john-quinn-and-right-of.html

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Experts Increasingly Contemplate End Of Smoking

“A confluence of changes has recently prompted public health leaders to start throwing around phrases like ‘endgame’ and ‘tobacco-free generation.’  Acting U.S. Surgeon General Boris Lushniak last month released a 980-page report on smoking that pushed for stepped-up tobacco-control measures. His news conference was an unusually animated showing of anti-smoking bravado, with Lushniak nearly yelling, repeatedly, ‘Enough is enough!’  ‘I can’t accept that we’re just allowing these numbers to trickle down,’ he said, in a recent interview with the AP. ‘We believe we have the public health tools to get us to the zero level.'”

http://miami.cbslocal.com/2014/02/09/experts-increasingly-contemplate-end-of-smoking/

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Medical marijuana an issue of importance for Johnson

“Sen. Don Barrington (R-Lawton), the chairman of the Committee on Public Safety, has refused to allow a hearing on the legalization of marijuana. His reasons are due to special interests like district attorneys, and he has also stated that his church did not favor it.  Interestingly, Barrington also has a private prison in his district, and received over $9,000 in campaign contributions from the private prison industry.  When Red Dirt Report asked Johnson if she felt it would be possible for the legislature to pass a measure legalizing medicinal marijuana in the next 10 years, she asserted that the only way legalization is going to occur is through a ballot initiative.”

http://www.reddirtreport.com/red-dirt-politics/medical-marijuana-issue-importance-johnson

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Medical marijuana rally slated for Oklahoma Capitol Wednesday

“Wednesday is Medical Marijuana Day at the Oklahoma State Capitol, a topic that’s getting increasing attention as an increasing number of states decriminalize, and in some cases even legalize, the recreational use of marijuana.  The rally will take place inside and outside the Capitol, with several activities slated to occur, including lobbying efforts and training.  Cpl. Mike Griffin, who heads up a TPD Drug Task Force, doesn’t advocate legalization, but says he believes it will happen some day, even in Oklahoma. ‘This is just one guy’s opinion,’ he told KRMG. ‘Do I think it will? Yes. Will it happen before I retire? Probably not.'”

http://www.krmg.com/news/news/local/medical-marijuana-rally-slated-oklahoma-capitol-we/ndLC8/

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