What will gray vendors do to compete with new highly reduced prices for US GLP drugs?

[Nathanologist]

I can't tell you because I don't know enough. I was never that high up the food chain to begin with and all the crypto shit came around after I retired anyway. What I can say with certainty is that saving a few dollars on peptides isn't worth losing your job over. So if someone says they don't want to risk it .. leave them be.

I’m not trying to give anybody flack, or convince them to leave their comfort zones, just sincerely want to know what are these jobs where using crypto will get you arrested and canned.

 

[MsGizmo]

I’m not trying to give anybody flack, or convince them to leave their comfort zones, just sincerely want to know what are these jobs where using crypto will get you arrested and canned.

Mostly in the financial sectors but I can see ways that government workers and law enforcement can get into trouble too. They aren't going to care about most of us to be honest. Like I could buy some and nothing would happen to me at all since I'm an old retired lady and the amount of money involved would be miniscule anyway.

 

[tubby]

Anybody with a security clearance (whether working for the government or a contractor) has to periodically renew said clearance. In theory, you can't be compelled to answer questions by the government. In practice, if you wish to keep your job you're going to need that renewal and there's no guarantee they're going to approve that renewal. This is especially likely if they see stuff they don't like or if you're not forthcoming with them. Most people in that position will make a conscious decision not to engage in any practices that could look suspicious, even if there's a perfectly innocent reason for the behavior.

Engaging in crypto transactions with a Chinese entity would be an example of that, as it could imply a financial relationship with a foreign government that you were trying to obscure, which would definitely be something the US government would be actively looking for. It doesn't matter if it's only a few hundred dollars. For all they know, you've got much bigger transactions taking place that their system didn't flag, so they're likely to want to dig into the nature of the transactions and take a much closer look at the rest of your financial transactions.

Now, let's imagine this is taking place 5 years from now, you've completely forgotten about these purchases or who the company was, you answer a question wrong, and now it looks like you're trying to hide something from the investigator. You say "oops," and explain the mistake. Now you're getting asked a dozen other questions you wouldn't have otherwise been asked. Even worse, perhaps the crypto wallet you sent to was mistakenly flagged as being affiliated with a terrorist organization. The investigator is sympathetic to you, but your telegram (or whatever) messages related to the order were lost and are no longer accessible to you. They deny your renewal. Your boss terminates your contract since your job requires the security clearance. You lose your house and cushy lifestyle. You say to yourself that there's a silver lining in this: At least now that you can't afford food, you'll finally lose that last 50 pounds, but despite being homeless, the EBT program ensures you can still afford food and you gain 50 pounds from stress eating instead.

I'm being hyperbolic here and this is an overly dramatic description of events, but this is the thought process that anyone with a security clearance will go through.

 

[Nathanologist]

Anybody with a security clearance (whether working for the government or a contractor) has to periodically renew said clearance. In theory, you can't be compelled to answer questions by the government. In practice, if you wish to keep your job you're going to need that renewal and there's no guarantee they're going to approve that renewal. This is especially likely if they see stuff they don't like or if you're not forthcoming with them. Most people in that position will make a conscious decision not to engage in any practices that could look suspicious, even if there's a perfectly innocent reason for the behavior.

Engaging in crypto transactions with a Chinese entity would be an example of that, as it could imply a financial relationship with a foreign government that you were trying to obscure, which would definitely be something the US government would be actively looking for. It doesn't matter if it's only a few hundred dollars. For all they know, you've got much bigger transactions taking place that their system didn't flag, so they're likely to want to dig into the nature of the transactions and take a much closer look at the rest of your financial transactions.

Now, let's imagine this is taking place 5 years from now, you've completely forgotten about these purchases or who the company was, you answer a question wrong, and now it looks like you're trying to hide something from the investigator. You say "oops," and explain the mistake. Now you're getting asked a dozen other questions you wouldn't have otherwise been asked. Even worse, perhaps the crypto wallet you sent to was mistakenly flagged as being affiliated with a terrorist organization. The investigator is sympathetic to you, but your telegram (or whatever) messages related to the order were lost and are no longer accessible to you. They deny your renewal. Your boss terminates your contract since your job requires the security clearance. You lose your house and cushy lifestyle. You say to yourself that there's a silver lining in this: At least now that you can't afford food, you'll finally lose that last 50 pounds, but despite being homeless, the EBT program ensures you can still afford food and you gain 50 pounds from stress eating instead.

I'm being hyperbolic here and this is an overly dramatic description of events, but this is the thought process that anyone with a security clearance will go through.

This is your Personal experience? You hold such a job? Because I know military personnel with government security clearance that don’t seem to be bothered by using crypto and buying things from China. It’s just a contradiction I have observed between forum posts and life experiences.

 

[ocuzuc]

Member firms in FINRA. Some will outright ban it so they don’t have to have to make a system and report back on employee personal crypto activities. https://www.finra.org/rules-guidance/guidance/crypto-assets-update

 

[MsGizmo]

This is your Personal experience? You hold such a job? Because I know military personnel with government security clearance that don’t seem to be bothered by using crypto and buying things from China. It’s just a contradiction I have observed between forum posts and life experiences.

Just another type of risk tolerance.

 

[Foggy-Hollow]

I keep hearing people say this, but nobody give specifics. Maybe central banking, certain auditing positions and broker/dealer finance?

If I am buying product with a cc, the illegal part is having a regulated drug without a prescription, it’s $1000 and I believe misdemeanor.

Using crypto, the three letter agencies get involved and it’s money laundering which is a felony.

WILL it happen, not likely in either case. I’m working in peon dollar amounts, not over $1000 at this point. Not worth anyone’s time.

You’re asking the how if I’m reading right. If someone is - random example 🙃- distributing out of their coffee shop, and an agency tracks it to vendor ABC, and for whatever reason the agency decides to pursue all the customers of ABC not just the QoffeeQueen, right now I’ll get the slap on the wrist misdemeanor, likely keep my employer and worst case am pushing a broom for them instead of my current position.

If I’m using crypto then a felony means I’m finding a new job. If I get silver bracelets for any reason I have to report it, and if they run their checks and find it before I state it, it’s no bueno. This is the only employer I’ve actually been random tested at, so I’m reasonably sure they would find out.

Is the risk low in any case? Yes. But like anything gray it’s about risk tolerance and mitigation. I’m willing to pay a little more to avoid crypto at the moment.


QoffeeQueen link if you hadn’t seen it: https://www.kcentv.com/article/news...rugs/500-711f0244-2e76-4f40-a493-fb9ccec52baa

 

[Foggy-Hollow]

I’m not trying to give anybody flack, or convince them to leave their comfort zones, just sincerely want to know what are these jobs where using crypto will get you arrested and canned.

I believe you.

I am an engineer at an employer who is heavily regulated by a three-letter federal agency.

It took a month for all the personal, legal, financial, & psychological checks between being mostly-hired to walking on-site.

They are very sensitive to any changes to my status in the areas above. Problems could indicate changes in financial independence or patterns of irresponsibility. Or psychological things not being well managed.

This is an area that you don’t want someone being even “just” less than careful - so I appreciate what it takes. Huge pain in the ass, don’t get me wrong!

If it’s a particular federal clearance level I wasn’t told. Maybe my clearance is so top-secret they couldn’t even tell me how secret.

After this job there’s not much in the area to switch to in my field of work. Anything related is about half the pay, market is tight.