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Actually, opposite all other answers here, YES. If you were withdrawing $100M in BTC you wouldn’t do it using an exchange, you would use an OTC dealer, and yes
by danlevine 9y ago
Actually, opposite all other answers here, YES.
If you were withdrawing $100M in BTC you wouldn’t do it using an exchange, you would use an OTC dealer, and yes you could absolutely do it in far less than 6 months.
Here’s a good intro blog post, you can find more by searching for “bitcoin otc” or various phrases containing “whales” (term for someone with lots of digital currency).
https://vinnylingham.com/the-1-dont-use-bitcoin-exchanges-ff019774d886 https://vinnylingham.com/the-1-dont-use-bitcoin-exchanges-ff...
Also, noting: this article’s title is misleading or false. There are other and previous bitcoin billionaires who are not as public about it, though the actual article qualifies the claim a bit.
Finalky: seeing all of the replies that state emphatically “no” and explain why makes me doubt all answers on hacker news that I trust.