JayJuanGee
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How much alt coin diversification is needed? 0%?


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November 07, 2016, 08:44:15 AM

Wow, bitcoin has been around for how long now? When are these people going to learn that they have options...

http://www.miamiherald.com/news/local/community/miami-dade/article112912143.html
So how do you propose that he goes about sending the $191K via Bitcoin? Does he wire it to Bitstamp with a bank account, and then have his recipient wire them out of Bitstamp? Does he meet someone on localbitcoins with a suitcase of cash?

Quote from the article:

At that moment, the complaint says, the Customs agents realized that Santos Castillo appeared nervous and that his jacket’s pockets “had bulges.”

After Santos Castillo took off his jacket and gave it to the agents who requested it, they “noticed and removed several white Bank of America money envelopes.”


The article insinuated that the man was not a known criminal, not breaking the law, but a business man whose money was legitimate and clearly had a real bank account (Bank of America).  So yeah, Trezor, or opening a legit exchange account, something like that.

Unless you're trying to troll me for some reason?

OK. That's even easier. If it's a legitimate transfer then he can send it in ONE step.

1. Wire the money from his bank account to recipient bank account

Rather than with Bitcoin:
1. Wire from his bank account to exchange (subtract fee)
2. Buy bitcoin (subtract fee)
3. Transfer bitcoin, or carry bitcoins using trezor (add/subtract market volatility, plus fee)
4. Sell bitcoin (subtract fee)
5. Withdraw from exchange to recipient account (subtract fee)
*various risks of total loss in most of the above steps

why not stuff your pockets full of cash and walk onto a plane?

when in doubt ask your self what would The Trump do.  Cool


AS if Trump could actually relate to anything of any other person, except himself - and even if he could, he could not relate to any kind of life of a regular person.  Remember, he grew up a spoilt brat of a rich dad, and then learn tricks that rich people are able to pull off that regular people are not able to pull off, even if they are self-obsessed narcisists, like The Trump.