Earlier quoted context omitted.
They'd keep you in indefinitely for contempt of court for not handing over what you'd stolen.
IANAL, but in the US, the 5th amendment still protects combination locks, and as far as I can tell, passwords. Prosecutors can be as intimidating as they wish, the government is free to use their magical NSA powers to recover the bitcoin. They can't compel someone to incriminate themselves. giving the wallet address to the prosecutor is effectively admitting to a crime, perhaps just conspiracy, but nonetheless that's…
The Satoshi Nakamoto SourceForge account has been hacked
141–150 of 192 posts
Re: The Satoshi Nakamoto SourceForge account has been hacked
#142Earlier quoted context omitted.
> AFAIK he's not been accused of any crime either. I imagine the IRS really would like to audit him if he's an American citizen, however.
The euphemism known as an IRS audit would interfere in his life if an exchange into or out of USD took place. Anyone can attribute value to anything. That doesn't make it valuable. Taxation here would require provable gains or losses, as with USD. The transactions of people exchanging only in [bitcoins, metal, coffee beans, rocks, fancy/worthless paper], not in USD, do not imply that any taxable "gains" or "losses" o…
Re: The Satoshi Nakamoto SourceForge account has been hacked
#143Earlier quoted context omitted.
> AFAIK he's not been accused of any crime either. I imagine the IRS really would like to audit him if he's an American citizen, however.
Presumably the Bitcoins were not worth anything when he mined them and he won't owe any capital gains until he sells them.
Keep in mind, the IRS can audit you out of what amounts to mere curiosity. Having your net worth go up by half a billion or whatever is the sort of thing that might raise some flags and cause someone to want to verify that you haven't realized any of those capital gains, gifted any of them to someone else off the record, or some other thing.
On the bright side, Satoshi Nakamoto should be able to afford a good tax attorney. He'd be a bit nutty not to have one already, honestly.
Re: The Satoshi Nakamoto SourceForge account has been hacked
#144Re: The Satoshi Nakamoto SourceForge account has been hacked
#145Re: The Satoshi Nakamoto SourceForge account has been hacked
#146One of the comments on the Wired post[1] shows that the email from CardReaderFactory is a hoax: you can see the person's name using the Levels tool in Photoshop. Confirmed with Photoshop myself using the imgur image links I got from this HN post. [1]: http://www.wired.com/2014/09/satoshi/#comment-1580438754
What makes this a hoax? Couldn't that person be Satoshi?
Re: The Satoshi Nakamoto SourceForge account has been hacked
#147Earlier quoted context omitted.
Someone stole 6 million pounds of maple syrup from Canada's strategic reserves. http://www.businessweek.com/articles/2013-01-02/the-great-ca... I'm sure moving a couple cubic meters of gold isn't a problem if you're motivated.
The Global Strategic Maple Syrup Reserve, no less.
http://www.nytimes.com/2012/12/20/business/arrests-made-in-m...
Re: The Satoshi Nakamoto SourceForge account has been hacked
#148Earlier quoted context omitted.
So you're saying holding Bitcoin can be hazardous to our health? Whoa, I don't think that's one of the approved talking points.
If you have a few thousand dollars of gold in your house, you shouldn't worry too much. But if you have a billion dollars of gold in your basement, you should be very, very paranoid. Even with perfect security, you'd still be a ransom target.
If i had so many bitcoins as Satoshi Nakamoto i would certainly not store them in my basement. I'd split my private key using n:m scheme and store them in secure deposit boxes in banks.
Re: The Satoshi Nakamoto SourceForge account has been hacked
#149Earlier quoted context omitted.
gmail, for instance, includes the client IP address in mail headers. I learned this myself recently from an article here on HN, https://news.ycombinator.com/item?id=2083798 Haven't checked it myself, just reported there by a former gmail engineer in the context of their anti-spammer efforts.
Gmail has NEVER included the IP in headers (you can easily check this yourself). Hotmail/Outlook on the other hand ...