Crypto 360°

Thursday, 21 November 2019

600,000 Bitcoins

I was doing some reading on Bitcoin and ending up landing on an article about Ross Ulbricht. I don't know the whole story too well and had no idea that there was still Bitcoin missing that the FBI never seized. I'm not sure if they ever got to it but I wanted to know if anyone here knows what ever happened to the 600,000 Bitcoins they are talking about in the article I read. According to the article they seized 26,000 Bitcoins but he had another encrypted wallet that had 600,000 Bitcoins that they never could get to. In today's cash value that would equal to 4,867,000,000 dollars. Does anyone know if they ever got to the hidden Bitcoin wallet or if they know the wallet address it was in to confirm this as the truth? Was there ever any movement in this coin after the arrest? Is his mom riding in a brand new Lambo? So many questions it's crazy to think that if he never made the mistakes he made he would have almost 5 billion dollars today. It's even crazier to think his family may be some of the richest people on earth if they still own and have access to this.

This is the article if anyone wants to read it.

https://www.theguardian.com/technology/2013/oct/07/fbi-bitcoin-silk-road-ross-ulbricht

submitted by /u/__G__P__S__
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Places that accept Bitcoin in Prague

Hi community, I am in Prague for a work. Can someone recommend a restaurant or a bar that accepts Bitcoin. I would love to have a nice beer and pay for it it BTC. May be more then one 🍻

submitted by /u/mechkoff
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$200 Million BCH Ecosystem Fund, SEC to Re-Review ETF Decision, Fidelity Nabs NY Trust License

submitted by /u/afriendofsatoshi
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source https://www.reddit.com/r/btc/comments/dz9aaq/200_million_bch_ecosystem_fund_sec_to_rereview/

Address reuse question

I always here the advice 'never reuse Bitcoin addresses'

Does an individual user actually have any control over address reuse? For example a user gives out their address for payment, the user does not have any control over the person making the payment. So the person could send multiple sends to that single address, and suddenly the user has used an address multiple times.

Is this how it works? In this case the advice 'never reuse addresses' seems foolish. A person does not have control over whether their addresses are reused or not.

In addition, how does the advice apply to SLP tokens, SLP addresses, and minting baton addresses?

submitted by /u/Bbblazer
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source https://www.reddit.com/r/btc/comments/dz9kdx/address_reuse_question/