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/biz/ - Business & Finance


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17444919 No.17444919 [Reply] [Original]

>future of money
>o shit i just lost 60 million because my fishing rods were thrown out


why would anyone purchase this shit??


>Losing nearly $60 million is enough to take its toll on anyone. Yet, Collins tells the Irish Times that he's come to terms with the loss, describing the incident as "punishment for his own stupidity."

it's a fucking MIRACLE this guy is taking his loss so well. if he didn't have such strong character he'd probably kill himself.

also, now the officers can't confiscate the illegal part of his earnings so the state is a LOT poorer

bitcoin is literally only for fools

https://www.complex.com/life/2020/02/irish-drug-dealer-loses-nearly-60-million-in-bitcoin-after-codes-are-thrown-away

>> No.17444923

>""""""""lost""""""

>> No.17444941

>>17444919
lost in a tragic fishing accident

>> No.17445025

>>17444919
No, he claims to have lost the keys after being busted by cops.
He's going to serve a few years, get to keep his $60M, and spend the rest of his life on a private beach somewhere in a Caribbean.

>> No.17445060

>>17444919
He told them it was hidden in fishing rods? What a bold troll.

>> No.17445072

>>17444919
>lost in a boating accident
What a chad.

>> No.17445079

>>17444919
case must be close then,

are you chief wiggum?

>> No.17445083

>>17445072
>>17445060
>>17444941
>>17444923
Haha this. Based.

>> No.17445385

>>17445072
>>17444941
>>17444923
Irish aren't that smart. I do consider them white but let's face it, they are the Philipinos of whites. Catholic, manlets, live on an island, dumber than every other neighbor on the continent. Just being honest here.

>> No.17445407

>>17444919
Crypto is here to stay because imbeciles like you need to be exploited

>> No.17445429
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17445429

>>17444919
>"lost his codes"

>> No.17445453
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17445453

>>17445385

>> No.17445478

>>17445453
Don't worry they can stay but they just can't vote. They should be used for slave labor and their women be given to Nordic Mediterranean, Germanic, and non-Irish Anglos as a reward for fighting the good fight on 4chan

>> No.17445485

>>17444941
>lost in a tragic fishing accident
You just know the guy stood up in court and shook out his empty pockets while grinning as he said this.

>> No.17445501

>>17444919
>sorry officer, my dog ate my bitcoins
and they believed him, kek

>> No.17445530
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17445530

>>17445478
>Giving women away to other "tribes"
Thanks Shlomo. Very cool.

>> No.17445532

>>17444919
>weed dealer is a millionaire
And to think that I wasted time going to uni and trying to start a business

>> No.17445550

>>17445530
They won't be given away, they will be taken and sold to the highest bidder

>> No.17445558
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17445558

>>17445550
>They won't be given away, they will be taken and sold to the highest bidder
>Just like j*ws in America

Why dont you just shill me COTI and fuck off? Filthy yids I swear

>> No.17445562

>>17444919
Safety deposit box prepaid for 30 yrs or so. JFC its not rocket science.

>> No.17445578

>>17444919
Don't know what the Irish laws are but if there's a statute of limitations of the monetary part of his crimes he's probably going to "find his long lost backup keys" right after they expire or fuck off somewhere that won't extradite him and live like a king. Maybe he tattooed his keys inside of his anus.

>> No.17445927
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17445927

>>17444919
>claim to have "lost" the keys
>without the keys, cops can't confiscate any of your money

Yes OP this is the future of money and it's fucking beautiful

>> No.17445937

>>17444919
You're so dumb. This guy's a legend, haha

>> No.17445991

>>17444919
CKB is the future of money.

>> No.17446003

>>17445478
>Ah yeah thats it goy keep infighting while we (still) completely own your land and people
Retard

>> No.17446006

>>17444919
>lost
>fake death after jail time, reappear in SEA with 60M
BASED

>> No.17446165

>Ireland's Criminal Assets Bureau confiscated the account, but even it can't access the money without the codes.

Literally how did they confiscate the account.

>> No.17446307

>>17446165
They have access to the secret public address

>> No.17446337

>>17444919
You have 6000 bitcoin and the logical solution to store them is A PAPER WALLET.
IN 2020.
FUCKING PAPER AND INK.

GOD YOU HAVE TO HAVE TO HAVE A TURD IN THE SKULL

>> No.17446356

>>17446165
they have confiscated the address, duh

>> No.17446359

>>17446337
whats wrong with that? isn't that how the largest wallets store them anyway? lol

>> No.17446384

>>17444919
don't be retarded this is a test, if authorities can't prove he did not lose his bitcoins then it's unconfiscateable.

>> No.17446394

>>17446359
Ledger? Trezor?
If you had a signle bill worth 60 millions, would you just keep it laying around? or in fishing rods?

>> No.17446396

>>17445927
this

>> No.17446406

>>17446394
lol i dont think big exchanges use ledger or trezor

they use paper wallets they generated themselves

>> No.17446408

>>17446394
why not... also you can have many many copies all over the place. cops can even take a few. you just say "ah uh i forgot the password. it was something like fuck the police but with a twist" read about bip38 wallets!

>> No.17446426

>>17444919
>it's a fucking MIRACLE this guy is taking his loss so well
Read this again. You fucking imbecile. His story for losing the keys is a twist on the 'boating accident'. Now go back.

>> No.17446431

>>17446406
For real?? I didn't think it was this way

>> No.17446432

>>17446165
they siezed the laptop the bitcoins where saved on, dumbass.

>> No.17446494
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17446494

>>17444919
>Lost

>> No.17446505
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17446505

>>17446432
>What is a seed phrase.

>> No.17446507

>>17446431
i dont know why would they use a hardware wallet when they can generate one themselves
if ledger is broken or w.e. then theyre fucked or if ledger live goes down like has happened in the past then they have to wait unless they restore it?

>> No.17446538

>>17444919
Is he still in jail? He'll be monitored for the rest of his days

>> No.17446546

>>17446507
Okay that's reasonable, I get it

>> No.17446570

>>17445385
Look at this mutt retard thinking this isn't a case of government overreacha ND taking counter-measures.

The CAB are waiting for him to log in after release so they can seize the funds as proceeds of crime. The guy in question isn't a dealer

>> No.17446668

>>17444919
Even if he had the seed words he can never use it
As soon as it moved they would see and arrest him

>> No.17446944

>>17444919
Lost
Yeah, sure

>> No.17446983

>>17446668
and exactly what the fuck are the irish faggots going to do about it when he sits in bahamas drinking his soilatte?

>> No.17446985

>>17446668
so what if SOMEONE he has NO contact with finds those CODES with the fishing rods and starts moving the funds AFTER he's freed? they're going to arrest him even though he has NO CONTROL over the funds??

>> No.17447029

>>17445453
The eternal anglo?

>> No.17447041
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17447041

Bullish for token burns
Bullish for plausible deniability pleas

>> No.17447059

>>17446983
Find him and extradite him
>>17446985
then they move the funds kek. reckon they would probably investigate that though but if he has no money in his account or anything then what can they do
how long did he get in prison?

>> No.17447073

>>17446985
they should ban fishing rods and do a fishing rod exchange program until they find his rods

>> No.17447206

>>17447059
just dont fucking pick a country that extradites lol retard

>> No.17447313

>60 mil locked firever on the blockchain
BULLISH AS FUCK

>> No.17447654

>>17446432
coins are not saved anywhere LOL
private key is just mathematical proof to move the coins

>> No.17447802

>>17446431
it gets better than this. for a big exchange passive and active survailence is a big issue lot of money at stake.

so they have fully airgapped and em proofed rooms where the computers generate the wallet addresses print them out and test them. then the room only opens after the computer and all equipment is unpowered. these wallets then used for cold stores. and can only be accessed physically.

>> No.17447860

>>17445478
>>17445385
>>17445550
Please go back to /pol/

>> No.17448018

>>17444919
Why was he even drug dealing if he had 60 mil

>> No.17448117

>>17444919
Why a coincidence, I lost mine in a boating accident too.

>> No.17448123

>>17444919
What a tragic boating accident.

>> No.17448520

>>17448018
It's worth 60M now, he got the coins in 2012 or so.