Check Gyft, they have a few jewelry retailers that you can buy giftcards for with Bitcoin. Kay's is on there, I think Reeds may be as well. Also, they have a few other retailers that sell jewelry because they are department stores, you may have access to a larger online catalogue with one of them. |
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I would disappear right off of the face of the earth. You will be able to find me on some tropical island where weed is legal. But seriously, i would probably convert half of it to fiat, and hold the rest hyper long term hoping for it to surge (just imagine the price a few halvings s from now). Would maybe look at investing in a btc denominated asset if that ever becomes a thing again.
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Hold your pitchforks on that point.
In the US at least, most people don't usually pay their own bail. You use a bail bondsman who loans you money for the bail and, presumably, comes and breaks your kneecaps if you don't make payments on the loan or skip down on your bail. They'll sometimes take the title on some property of yours to secure the loan.
I assume the situation is no different in Japan.
Amen. The guy wasn't broke before all of this. In the States you only need ten percent of the bail amount for a property bond, I don't think it would have been that hard to scrape that together, especially since I'm pretty sure he's sitting on millions of user funds. |
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thats illegal . when get caught . police and fbi will come hehe
im on singapore .
Technically, this won't be illegal. If you use a non intrusive method to obtain the keys (say a quantum brute force), once you obtain said keys they are technically yours. Remember, whoever controls the keys controls the coins. Wallets are like glass public lockboxes. It's cool to keep stuff in there as long as only you have the key, but once someone else has the key, you guys are essentially sharing a box. |
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I would leave them land, gold, valuable assets and even fiat before I left them bitcoin. There is absolutely no promise that bitcoin will be popular, still used, or even legal by the time my unborn children have their own children. I intend to leave a little something for all of my blood beyond me, and bitcoin may be a part of that portfolio. But it won't be a very high percentage.
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Everyone that knows what's up wants to reach that goal at all costs, but only 1 million people (in fact, now much less since coins keep getting lost + current owners) will be able to make it.
Will you be one of them? I think I can do it but the price needs to stop going up. I was happy that the rally stopped since it just means I have more time to reach this goal, but I have a feeling we will be on 800+ soon once whales are done with buying cheap BTC. If it goes that high I think I will not make it in time.
Is this 21 coin goal based of of anything? There was a time when I wanted to have one block reward's worth of btc just to say I had it, and still intend to long-term I guess, but why an arbitrary 21 coins? Not bashing, just curious. |
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Back to the subject though, authorities would most likely just brush anything being digitally stolen as things they "don't have jurisdiction over" so why even bother? sure it's illegal to steal things, physical or digital, but if the authorities don't follow up then whats been stolen is just gone.
This last part starts to go where I was thinking. In order for something to be stolen it first needs to have a defined value. Since most governments have not recognized BTC as a valid currency, or at the very least recognized how it is to be valued, BTC essentially has a value of zero. Theft involves stealing something of value, no value, no theft. I wouldn't want to test my theory in some countries and that is not to say you could not be punished in another way, in the US mobsters where often convicted of tax evasion. In the United States, bitcoin is a commodity and definitely has a value. If you take something of value that doesn't belong to you, it's generally looked at as theft. Digital or otherwise. Also, unauthorized intrusion into someone's network/server is a crime. If bitcoin is essentially valueless, tell that to Mark Karpales and the FBI agent that was on the silk road case. They are looking at cells as we speak (save Mark, he just got out I think) for stealing 'worthless' bitcoin  |
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Is this confirmed, and did they give any particular reason for this? Seems kind of silly to me, it's still a very viable network, and honestly is probably easier to integrate with than bitcoin because the network has little congestion.
If this was say, Ethereum, I could understand this, given the recent game losing fumble, but litecoin actually has a chance. It's been around long enough to garner trust, trust is the name of this game.
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Don't forget about GetGemz. The whole thing is kind of slowly tanking, but at its inception, it was touted as a revolutionary new tipping currency for the telegram/Getgemz platform.
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There is very little chance of them going to jail if this was truly an oversight. Only way I see jail time is if they find this way an inside iob, which is still on the table IMO. They will, however, may deal with some civil suitage after folks get their money back, and start feeling litigious.
What kind civil case can they be involved. Is it the responsibility the the US police to find the hacker if its citizen lost money? The code was promised to be without fault. This isn't a hack as much as a feature legally. Meanwhile, a litigant can easily prove that a) they lost value, b) through no fault of their own, due to c) the negligence of the product/service Creator. That sounds like a lawsuit to me, but meh, I didn't waste my money on this so I don't have a dog in the fight. But if I did, I would sue the dev team for negligence, for the above mentioned reasons. Suffice it to say it simply hasn't happened yet. |
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We must never use such great thing as Bitcoin to buy awful things like drugs.
This is wrong. Besides, if such story comes up in mass media, the reputation of Bitcoin will be ruined in no time.
actually we must never buy drugs and other awful things, using anything. buying drugs is wrong in the first place. Well, I really think there is no one in this community, buying drugs with bitcoins. And hence its useless to give community advice, anyways but yeah drugs is a addiction ( much bigger than gambling ) and once you fall into it , then well ... you know .. On a personal note I don't think bitcoins are much used for drugs though. I hate to be Debbie Downer, but I think there are ALOT of people that buy drugs in this very community with Bitcoin. If you were conversant enough in Internet technology to use bitcoin and tor, you most likely know about here. And judging by the amount of profits silk road and subsequent dark markets got caught with/stolen, it was ALOT of drugs (and guns and such) being purchased with cryptos. |
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The only way bitcoin will be replaced as the foremost crypto, is if the United States government makes its own version of bitcoin for public use. Even then, bitcoin will persist, and I actually imagine a scenario where bitcoin might be more expensive, due to the anonymity it affords. But if any major government releases a coin that is backed by said government, investors will flock to it.
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I don't really see a need for bitcoin to be this widely accepted. We already have fiat. It will take a much more serious transition into a cashless society before people become that conversant in bitcoin. Also, people have the convenience of credit and debit cards, which act like a much more user friendly version of bitcoin. More expensive, but way more user friendly and secure for the common user.
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I think if you apply the 'there is no such thing as a free lunch' rule, along with diligence about the things you are investing in, you should be alright. Avoiding outright scams is only half the battle in this space; there are always unknown unknowns like Gox and Cryptsy that pop up. The safest thing you can honestly do is simply keep your coins in your wallet, and hodl.
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You could very well hide this; unless the account is linked to your name, you are anonymous, which is one of the main sticking points of btc. With that being said, unless this was an asset you brought to the relationship, for moral and legal reasons I would disclose this to your partner, at least during the divorce proceedings. Failure to do so might cost you more in the long run.
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It is not illegal to sell bitcoins,unless the goverment in your country will say that using btc at general is banned.
However buying/selling btc is some kind of a grey area,the goverment does not get taxes for it,and nobody controlls it actually.But it is not illegal in most of countries.
The taxes are actually the fine point of the matter. You can sell as much as you want, as long as you declare the sales as capital gains so it can be appropriately taxed. Failure to do this is tax evasion, which I absolutely assure you is illegal. In the United States at least. It could be outright illegal to possess btc in some jurisdictions, period. Follow the law, it's not worth it. |
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Like has already been said this guy is a maverick if anyone else said this i would laugh but with this guy it could actually happen......  As much as I love this guy, he is always doing a but too much. Presidential bids, blockchain security and now this? I'm hoping this works, only because Mr. McAfee is in a place like Chuck Norris to me. But he could actually pull this off, and this isn't the first time he has expressed interest in BTC. |
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Both, but primarily as an investment. There isn't a whole lot you can spend bitcoin on at the moment besides consumer goods, which I do, but I have spent fiat to purchase bitcoin in an attempt to speculate on the price. Also, it makes a great savings account for the aforementioned reasons.
Unless you have a gambling problem, I guess.
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Posting bail only means he isn't in a cell. This isn't over yet, this is part of the legal process and is to be expected. I see they don't serve Starbucks in Japanese prisons.
I still have the feeling he is sitting on a mountain of bitcoin, waiting for all this to resolve.
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