Joe Flacco
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- Jul 31, 2013
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- Certified Residential Appraiser
- State
- Maryland
Microstrategy very gutsy issuing debt to buy here.
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Christie's Bitcoin Real Estate Division, No Bank Needed
- Thread starter Bobby Bucks
- Start date
Joe Flacco
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- Jul 31, 2013
- Professional Status
- Certified Residential Appraiser
- State
- Maryland
Kind of looking like it is not going to hold it. It is going to to resolve soon.
Elliott
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- Apr 23, 2002
- Professional Status
- Certified General Appraiser
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- Oregon
James Howells pivots from landfill dig to tokenization in lost Bitcoin saga
"The token will not be backed by spendable Bitcoin, but by the idea of the lost coins, making the lost hard drive a symbolic vault. “We won’t need to access the 8,000 Bitcoin wallet because the new token is a representation of it — that’s the whole point,” he said. “The landfill becomes a vault no one can open, but everyone can see.” "
cointelegraph.com
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Is this actually the 'real' Bobby Bucks?
"The token will not be backed by spendable Bitcoin, but by the idea of the lost coins, making the lost hard drive a symbolic vault. “We won’t need to access the 8,000 Bitcoin wallet because the new token is a representation of it — that’s the whole point,” he said. “The landfill becomes a vault no one can open, but everyone can see.” "
James Howells To Launch DeFi Token Backed by Lost Bitcoin Fortune
James Howells, who threw away a hard drive with 8,000 BTC in 2013, is giving up the dig—and launching a Bitcoin L2 token backed by the lost wallet.
cointelegraph.com
Is this actually the 'real' Bobby Bucks?
Bobby Bucks
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- Real Estate Agent or Broker
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I've followed that story for a few years, I can't believe that he (1) threw away the computer, (2) had all his eggs in one basket, (3) didn't have a backup system of sorts. He could have used old fashioned paper codes and put a portion of each in separate bank safe deposit boxes, which is what the Winklevoss twins did in the early days, I think they used 4 different banks. I know a guy that lost his codes, he bought some Bitcoin in the Bitcoin pizza days, worth about 3 million now and physically lost the code. I'm no at that level, but still have several baskets, several hard and soft wallets, use exchanges and ETFs in IRAs. With the advent of Bitcoin ETFs it's very easy to simply buy it from Fidelity, Franklin or Blackrock.James Howells pivots from landfill dig to tokenization in lost Bitcoin saga
"The token will not be backed by spendable Bitcoin, but by the idea of the lost coins, making the lost hard drive a symbolic vault. “We won’t need to access the 8,000 Bitcoin wallet because the new token is a representation of it — that’s the whole point,” he said. “The landfill becomes a vault no one can open, but everyone can see.” "
.....................James Howells To Launch DeFi Token Backed by Lost Bitcoin Fortune
James Howells, who threw away a hard drive with 8,000 BTC in 2013, is giving up the dig—and launching a Bitcoin L2 token backed by the lost wallet.
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Bobby Bucks
Elite Member
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- Jan 27, 2002
- Professional Status
- Real Estate Agent or Broker
- State
- North Dakota
Saylor is brilliant, but sometimes his antics remind me of a drunken riverboat gambler.
Joe Flacco
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- Jul 31, 2013
- Professional Status
- Certified Residential Appraiser
- State
- Maryland
Looks like failed break out. Buckle up.
- Joined
- Feb 14, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Louisiana
More crypto news:
"The OCC's recent conditional approval of five crypto companies' applications for national trust bank charters is stoking lingering questions about whether those firms fit within the legal scope of the charter.
The OCC issued conditional approvals for five national trust charter applicants on Dec. 12, including First National Digital Currency Bank, Ripple National Trust Bank, BitGo Bank & Trust, Fidelity Digital Assets and Paxos Trust Company.
Banking groups are questioning whether the applicant firms have met the standards for the charter, which are supposed to serve a narrow, limited purpose."
https://www.americanbanker.com/paym...r-approvals-ignite-fight-over-statutory-scope
"The OCC's recent conditional approval of five crypto companies' applications for national trust bank charters is stoking lingering questions about whether those firms fit within the legal scope of the charter.
The OCC issued conditional approvals for five national trust charter applicants on Dec. 12, including First National Digital Currency Bank, Ripple National Trust Bank, BitGo Bank & Trust, Fidelity Digital Assets and Paxos Trust Company.
Banking groups are questioning whether the applicant firms have met the standards for the charter, which are supposed to serve a narrow, limited purpose."
https://www.americanbanker.com/paym...r-approvals-ignite-fight-over-statutory-scope
Bobby Bucks
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- Jan 27, 2002
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- Real Estate Agent or Broker
- State
- North Dakota
The digital banking war and infighting will be interesting to watch. No matter what they say publicly, the goal of the elites is a central bank digital currency that they can control and monitor individual use. Imagine a future where a FICA score is determined by what movie or television show you watched. If a currency and payment system isn't decentralized, I vote to opt out before it begins.
