Quote Originally Posted by abrown83 View Post
Micon ran scared.

The appropriate course of action would have been as follows.

Get a lawyer
Sue the state Nevada prior to them filing charges, Bitcoins are property and thus tthe search was illegal.
Go to war when you get charges filed.

Best case scenario you win because Federal government deems Bitcoin property and not currency.

Worst case scenario you lose do like 3-5 or less with good behavior and probably end up with a Supreme Court case eventually declaring Bitcoin a currency and you are forever considered to godfather of Bitcoin.

I think Micon might view these items as win/win.

This had nothing to do with bitcoins, it was about operating a gambling site.

And honestly when BTC was 1000+USD each, maybe that plan would have happened. But he basically had one card left to play with any measure of grace and he played it.

On a related note, look at how hes living. Hes near the beach in what appears to be a fairly affluent neighborhood. Now look at what those areas charge in terms of rent.

My point being; there is no money for lawyers. Not in the bank, not in his bitcoin wallet. All of that is earmarked for rent/food/health insurance/making Martha feel almost safe.

Honestly for me the most Micon thing about this is choosing Antigua, which is horrifically expensive if you dont want to live in a cinder block hut, instead of Costa Rica, which anyone with a middle class nest egg can retire to. Both are major internet gambling/gaming hubs, why in Gods name choose Antigua...?