61–70 of 96 posts
A lot of the comments here are about how this wouldn't hold up to state actors. I don't see anywhere that indicates that this is the goal (except for maybe the title?)
> To register his car, the D.M.V. insisted on a real name — not an L.L.C. — and a street address. I don't understand: whose name appears on all the corporate vehicles driving around? A security van for Google, and Amazon delivery truck, a Brinks van: I'm supposed to think there's some employee's name on the title? What if that employee leaves?
I feel like another unstated risk here is that if someone can get his plate number through the DMV registration, they could buy tracking on it from one of the large ALPR firms and deduce his home location.
It's weird to see someone publishing info about how he's concealing. I'm hiding, here's how I did it. Perhaps, he sees an opportunity in concealing identity business.
Earlier quoted context omitted.
A revocable trust can own an LLC. In that situation your name only exists on a piece of paper at your house. It's extremely common to get a Nevada or Delaware LLC with a revocable trust to protect identity. There are tons of libertarian companies that will sell you kits to set it all up.
That's fascinating. How and why?
https://www.thebalance.com/pros-and-cons-of-revocable-living...
Also quite a good checklist for money laundering. I think buying a house in the UK now requires ID for this reason, and there's an ongoing campaign to close the loopholes for companies. I do remember when I was briefly the director of a tiny UK non-profit that the company identity information was mandatory .. except for a very small list of those who were exempt because of intimidation, after a nasty terrorist campai…
It's weird to see someone publishing info about how he's concealing. I'm hiding, here's how I did it. Perhaps, he sees an opportunity in concealing identity business.
He may be testing his privacy framework. If publishing it doesn't make it weaker, it's a good framework. I guess he does not believe in security by obscurity.
Earlier quoted context omitted.
I'd politely disagree, for most of the points yes, it's achievable for folks with disposable income, however I don't think the average reader (NYT or HN) can afford to buy 2 new homes and 1 new vehicle all in cash. > When he found a property to buy, he used the L.L.C. and a cashier’s check from the L.L.C.’s bank account to pay for the house in full. A mortgage was not going to be possible. > 9. Buy a boring car. > 10…
yes, it's achievable for folks with disposable income People living in NC and TX generally have a lot more disposable income than people in CA at the same gross income level. (In that sense, those other places are more free.) pay for the house in full. A mortgage was not going to be possible. It's entirely possible for an LLC to lease property. I also know for a fact that there are people in Chinatown who, for a vari…
Sure, it's just more difficult to get to the same gross income level in those places.
Earlier quoted context omitted.
I'd politely disagree, for most of the points yes, it's achievable for folks with disposable income, however I don't think the average reader (NYT or HN) can afford to buy 2 new homes and 1 new vehicle all in cash. > When he found a property to buy, he used the L.L.C. and a cashier’s check from the L.L.C.’s bank account to pay for the house in full. A mortgage was not going to be possible. > 9. Buy a boring car. > 10…
yes, it's achievable for folks with disposable income People living in NC and TX generally have a lot more disposable income than people in CA at the same gross income level. (In that sense, those other places are more free.) pay for the house in full. A mortgage was not going to be possible. It's entirely possible for an LLC to lease property. I also know for a fact that there are people in Chinatown who, for a vari…
How is he doing that legitimately?
Bitcoin is the very opposite of anonymous. Permanently recorded for posterity would be a better description. The best you can get is pseudonymous, and that's if you never actually spend any of the coin.
He didn't get targeted for having BTC -- he got targeted for being very public and loud about promoting BTC.