Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
Zigurd
on Oct 7, 2013
|
parent
|
context
|
favorite
| on:
FBI struggles to seize 600,000 Bitcoins from alleg...
Bitcoins are different in that they weigh nothing and you can keep the fact you have them secret and plausibly deniable until they develop FMRI techniques to retrieve passwords or the location where you geocached memory cards with the wallet data.
betterunix
on Oct 7, 2013
[–]
...how is that different from paper money or gold? Burying your money is a pretty ancient trick...
damon_c
on Oct 7, 2013
|
parent
|
next
[–]
because burying 80 million dollars would take a few hours and a lot of space...and probably a few big black barrels or something.
burying bitcoin can be done with a flowerpot.
aianus
on Oct 7, 2013
|
parent
|
prev
[–]
It's very difficult to leave the country with $80m in paper bills or bullion. You can hide bitcoin in your head and nobody can tell it's there.
Consider applying for YC's Spring batch! Applications are open till Feb 11.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: