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The ledger does not record in person transactions. Theoretically, I can hand you a USB stick containing BTC and no one would know until it is sent to another wa
by skizm 7y ago
The ledger does not record in person transactions. Theoretically, I can hand you a USB stick containing BTC and no one would know until it is sent to another wallet.
- Wheaties466 7y agoyou must be joking. Only a person who has no understanding of bitcoin would accept that type of transaction. The person "Paying" the other person could have backed up the private key and simply recovered it at a later date to send to another wallet. Bitcoin is not gold, so don't think of it like gold.
- tromp 7y agoThat is not a secure method of transfer. Giving someone a copy of your private keys just makes you joint owners, where either one can spend the money. The recipient would be wise to immediately spend the coins to an address only they know, unless they have absolute trust in the giver. As they say: not your keys, not your bitcoin...