danlevine
Joined 16 years ago
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Member since
Nov 20
[ my public key: https://keybase.io/danlevine; my proof: https://keybase.io/danlevine/sigs/5Pmw8TmJuwzmd82aa_eZ6txOJPd0mjNrmIO-kb7bAtM ]
View on Hacker NewsJoined 16 years ago
If you were withdrawing $100M in BTC you wouldn’t do it using an exchange, you would use an OTC dealer, and yes you could absolutely do it in far less than 6 months.
Here’s a good intro blog post, you can find more by searching for “bitcoin otc” or various phrases containing “whales” (term for someone with lots of digital currency). https://vinnylingham.com/the-1-dont-use-bitcoin-exchanges-ff...
Also, noting: this article’s title is misleading or false. There are other and previous bitcoin billionaires who are not as public about it, though the actual article qualifies the claim a bit. Finalky: seeing all of the replies that state emphatically “no” and explain why makes me doubt all answers on hacker news that I trust.