RT @BitcoinMagazine: Moving $5 million in gold across borders:
- 104 kilos
- private jet
- risk of confiscation
Moving $5 million in BTC across borders:
- holding your private keys https://t.co/V4dVOV1OjO
The local authorities took possesion of all $3 million worth, and then placed the entire $2 million in gold into a secure location. The court case is expected to take over a year, where the $1 million dollars worth of gold will be used as evidence.
Not that I'm looking to advise drug lords, but what is the work flow whereby one converts gold to bitcoin, then put the bitcoin (or some other crypto), on a Ledger Nano on your keyring with your house keys?
I haven't a clue how to convert gold to magic internet money.