Comment by sheevy
7 days ago
their wealth is not in a single wallet, but rather in 20k wallets. So instead transferring bitcoin, they could just hand out access those wallets.
7 days ago
their wealth is not in a single wallet, but rather in 20k wallets. So instead transferring bitcoin, they could just hand out access those wallets.
The receiver will immediately move the bitcoin. So it has the same downside.
If the receiver doesn't immediately move the bitcoin, the receiver is at risk of Satoshi stealing them by retaining the private key and moving them later.
Even if the receiver trusts Satoshi, if the receiver wants to spend the bitcoin on anything, there's the same problem again.
Sure. So just a case of 'trust me bro' on both sides. What could possibly go wrong?