> Due to the currencies psuedo-anonimity, low liquidity and it's value in illicit trade it is far too dangerous for Satoshi to cash in and reveal himself...
- None of Satoshis coins can be linked to illicit trade because he mined them himself.
- Low liquidity isn't really a problem, the Bitcoin community is so fanatical that any coins held by Satoshi would likely sell at a premium... even without the fanclub, he'd certainly make enough to live comfortably for the rest of his life even if he couldn't liquidate all his holdings.
- The same fanclub seems quite fierce in defending Dorian/Satoshi.
- The tax situation has been official clarified in the UK. Now its recognised as a Capital Gain, US citizens can presumably come here to sell Bitcoin and avoid double taxation under tax treaty? (Possibly, I'm not an accountant or a lawyer)
If Satoshi still has his ~$400m in bitcoins, he could also likely strike a great deal with someone like Andreessen Horowitz (the cash), maybe with coinbase (build it), to create a sort of bitcoin bank (at a discount to his holdings in exchange for the liquidity to exit). It would enable a rather unique liquidity tool, sort of like a central bank; the new entity could provide bitcoins to bitcoin service businesses on demand for a fee (eg if they're having a hard time getting bitcoins or for any reason really).
I didn't mean to imply anything illicit concerning Satoshi. I meant that those that would be interested in the stash could be the silk road types or worse. I find it curious that Dorian/Satoshi are not spending the money. Why not? Imagine having $1 billion and not being able to touch it.
- None of Satoshis coins can be linked to illicit trade because he mined them himself.
- Low liquidity isn't really a problem, the Bitcoin community is so fanatical that any coins held by Satoshi would likely sell at a premium... even without the fanclub, he'd certainly make enough to live comfortably for the rest of his life even if he couldn't liquidate all his holdings.
- The same fanclub seems quite fierce in defending Dorian/Satoshi.
- The tax situation has been official clarified in the UK. Now its recognised as a Capital Gain, US citizens can presumably come here to sell Bitcoin and avoid double taxation under tax treaty? (Possibly, I'm not an accountant or a lawyer)