Also, storing $2 billion worth of BTC on a single-sig address is crazy.
$2 billion is enough to pay a team to write an entire multisig wallet, with plenty of extra to pay for a few more teams to audit it.
reply
тоесть дело в цене? а как быть если 10 сатоши будет стоить ещё больше?
reply
I guess is rational to increase "security" with "quantity"
reply
у меня не прогружает ....что делать?
reply
This smells like a nation state to me, maybe Saudi Arabia, Russia, or some other country that has a big trade surplus and is done recirculating incoming fiat into US treasuries.
Makes sense that they would have a ton of fiat to swap for BTC but wouldn't have a clue about best practices as a bitcoin buyer. Or they don't care that the world knows they are filling up a giant bag.
reply
Looks like it's from a custodian, privacy is not their top priority. It's actually the opposite, they should be as transparent as possible.
reply
Hard to imagine a custodian doing it this way. No matter what you think of their business model, they are better at it than this.
reply