/biz/ - Business & Finance

nobody cares what this conman has to say.
and fuck founder worship btw.

>>10928177
So is Nick Szabo a servant of the Blockstream jews or is he a racist boomer?

>In actuality, he is the guy who invented the term smart contracts and created the direct precursor to Bitcoin and is either Satoshi or part of the Satoshi team.

>>5326832
Again. You have to report the origins.

I dont know about your country, but here in spain, the State automatically asumes you are a terrorist or a drug overlord or something.

You can't simply cash out a million €, you have to prove the origin is licit.

This means every single satoshi in your wallet that you cash out, must be reported and clearly explained how it arrived there.

Which means, if you deposited 1 BTC in an exchange that's dead (say mintpal etc) did something trading against alts, made a 0.2 BTC profit, then withdrew back to your wallet.

Result: 1.2 BTC is deposited back into your local wallet.dat, Electrum or whatever you are using. This 1.2 BTC has inputs that can be seen in the blockchain. You must prove that the origin is of licit origin.

In the case of an exchange, I guess you could log in, and show them how you did that withdraw order from your trading account.

The problem: the exchange is FUCKING DEAD, so you have no clear way to prove this comes from your trading account. Even if you saving a trading history (typically a .csv file or sorts) it would still not be clear that these belong to a trading account you controlled.

Same thing if for some reason you ever mixed a coin, or anything that fucked around with your inputs and outputs.

Same thing if you traded anonymous coins without open blockchains to see transaction history and prove the ins and outs are legit.

The whole thing is total hell and *theres no accountant on earth right now that you can realistically hire that will be knowledgeable about this to feel safe enough that when you present the proof, the State isn't going to fuck your ass up by saying "ups, this is not convincing enough, you are going to pay 80%" or some shit, or even go to jail or who knows. This is nuts.

>>4936329
Hal Finney with help from Nick Szabo.

Finney is now cryogenically frozen and has a brain wallet with his private keys. The entire point of Bitcoin was so that the American government would arms race to find a way to cure ALS and allow cryogenically frozen people to be revived in order to wake up Finney and get his coins. This was Finney's plan all along and he will gladly hand the coins over.

Bitcoin will literally cure ALS and make us immortal.