Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Pros: no taxes

Cons: trying to deal with 103k in bitcoin



The market cap for Bitcoin is about $170 billion; 103k in Bitcoin would be a blip in the scheme of things.

Someone moved $1 billion nearly a year ago and I don’t believe we know who made it: https://arstechnica.com/tech-policy/2019/09/someone-moved-1-...


Finding a buyer is not the problem, the problem is the buyer finding you.


Sell $200 worth a pop on LocalBitcoin.


very time consuming and risky in its own (robbery, state eventually finding out one way or another etc)


Lots of little transactions, too. Easy to hide in the noise, at least at first, but when you start throwing out tons and tons of small transactions they can start with the pattern recognition.


Still easily traceable.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: