I have $12M in Bitcoin I want to give away(reddit.com)
reddit.com
I have $12M in Bitcoin I want to give away
https://www.reddit.com/r/btc/comments/6fnosv/i_have_12_million_in_bitcoin_i_want_to_give_away/
48 comments
Kudos to you.
My recommendation - https://supporters.eff.org/donate - they seem to be the only organization fighting to keep the internet open and accessible allowing technologies and services like bitcoin to exist and grow.
My recommendation - https://supporters.eff.org/donate - they seem to be the only organization fighting to keep the internet open and accessible allowing technologies and services like bitcoin to exist and grow.
yes, and they make it easy to accept bitcoin, no need to transfer to cash first. (this may have been implied but unsure if others knew that)
... Fake? There is literally no proof that he is in possession of the money, let alone that he is giving it away.
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I'm really, really amused by all of the people posting their wallet address in the Hacker News comments. How do you not understand that the submission links to a Reddit thread, and that that's where you're supposed to be posting your address?
The rules of the subreddit states that you shouldn't really be posting your wallet addresses on their threads.
Having said that, I think the OP's message inbox would have exploded by now.
Having said that, I think the OP's message inbox would have exploded by now.
At what dollar value would this type of post not be allowed on hn?
I've only observed Bitcoin from a distance as I've never needed to send or receive money online and not really been able to invest in things. I didn't learn about Bitcoin until only ASIC mining was viable, but I've never had a GPU (yes, that cash-strapped) so it wouldn't have mattered anyway.
So, I'm curious. What's a decent, low-drama/no-fuss broker I should be few issues with? Reason is obvious. :P
I'm completely ignorant of Bitcoin features I might like; I'll primarily want to export to USD (in the US), and maybe AUD (in .au).
So, I'm curious. What's a decent, low-drama/no-fuss broker I should be few issues with? Reason is obvious. :P
I'm completely ignorant of Bitcoin features I might like; I'll primarily want to export to USD (in the US), and maybe AUD (in .au).
Shouldn't that person start by provisioning for their taxes? The tax liability of such a position is probably around 6 to 8 millions depending on the country the person lives in.
I thought you had to pay on cash out, not distribution.
From what I know, in the US, you're responsible for tax when using cryptocurrency as an actual currency for transactions. But I don't think you have to do anything if you're just giving it away.
I have to say, it's quite fun to refresh every couple of minutes and downvote anyone who just gives their Bitcoin address without any reason...
And why not?
There is a certain element of... shenaniganery going on here, perhaps.
Giving away "money"? Users claiming "good and charitable works"? Neither side with real "evidence" or "proof"...
So everyone must simply be taken at their word.
There is a certain element of... shenaniganery going on here, perhaps.
Giving away "money"? Users claiming "good and charitable works"? Neither side with real "evidence" or "proof"...
So everyone must simply be taken at their word.
Why give it away? Could be spent on some pretty amazing projects that would otherwise not happen, with enough imagination.
I understand your reasoning, but (assuming this is true, and the person indeed owns such amount) it is the person's bitcoins to do with them as pleases, no?
Major corporations, pop culture and human nature all vying to get an individual to spend recklessly and in gratuitous ways, but let's not allow any force of good to use similar tactics.
We can't suggest to someone how to spend their money despite every facet of society doing exactly that.
We can't suggest to someone how to spend their money despite every facet of society doing exactly that.
Sure, but that doesn't mean we can't criticize the choices made.
Like what do you mean?
Hey Dan, it would be great if we could auto-kill all the comments here containing a wallet address.
It seems like overkill to write software for that but I've killed these ones manually. Feel free to flag them as well.
To flag a comment, click on its timestamp to go to its page, then click 'flag' at the top. (There's a small karma threshold, currently 30, before flag links appear.)
To flag a comment, click on its timestamp to go to its page, then click 'flag' at the top. (There's a small karma threshold, currently 30, before flag links appear.)
If this is even real... I admire the generosity, but giving money away on Reddit is a terrible idea. It's really hard to give money away effectively, which is why folks like Bill Gates have now made it their full-time job.
PSA PSA PSA
THIS IS A CROSSPOST FROM TO A REDDIT THREAD, REPLY THERE
With that out of the way: I strongly suspect that the reason this is happening is that the person in question thinks Bitcoin is about to tank.
So they're getting out of the market.
THIS IS A CROSSPOST FROM TO A REDDIT THREAD, REPLY THERE
With that out of the way: I strongly suspect that the reason this is happening is that the person in question thinks Bitcoin is about to tank.
So they're getting out of the market.
I co-founded a 501c3 non-profit foundation that works with chronically malnourished children, single and pregnant women, and the elderly in nutrition, education, and women's empowerment projects in rural Guatemala. It's called the
Konojel Community Center http://www.konojel.org, a project of the All Together Foundation.
We've received a bit of support through Bitcoin and would love to receive more funding for our projects, including covering the costs of a free community internet center that gives students access to the internet and printing services for no cost.
1Pw67exa4SuPA5Wkc9jFbn11UKhSGuzDox
We've received a bit of support through Bitcoin and would love to receive more funding for our projects, including covering the costs of a free community internet center that gives students access to the internet and printing services for no cost.
1Pw67exa4SuPA5Wkc9jFbn11UKhSGuzDox
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I can show you how to invest in people and ideas if you are interested.
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an_d_rew(1)
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Please read https://news.ycombinator.com/newsguidelines.html.