Did Spicer tweet a bitcoin address?

[QED]

From Louise Mensch - I don't get how bitcoin works but here's the info.

"On January 26th of 2017 Sean Spicer using his verified twitter account tweeted the string “n9y25ah7”"

<snip>

"What Mr. Spicer tweeted was actually an “identity confirmation code” – part of a bitcoin transaction. Just take a look at this:"



"So Sean Spicer bought something with bitcoin, as himself. He wanted the people selling to him to know exactly who he was. It was probably some kind of verification code."

More:

https://patribotics.blog/2017/05/01/exclusive-sean-spicer-tweeted-a-bitcoin-address-not-his-password/

[PearliePoo2]

1. Is Bitcoin a way to do 'dark money' transactions?

I have no clue about it or how it works.

[HoneyBadger]

3. It is an untraceable crypto currency

So yes. But so is cash.

[PearliePoo2]

4. So you can evade IRS and Treasury? hmmm...not good!

Someone needs to ask Spicey what he was up to, wouldn't ya think?
Hey, evil Press, get to it! And Comey too!
And WHY would the 'Team Dump' trust someone as dumb as Spicey to be making Bitcoin transactions?

Man, this has corruption written all over it, holy fuck.

[HoneyBadger]

6. That is probably the least popular reason

The most popular is probably buying drugs, remember Silk Road. The most popular for large transactions is probably paying ransoms, like when some hacker changes all your server passwords. The reason that is the most fun is trading it. It is extremely volatile. For it to double in value in a month is fairly common. I know people that have done all of these. The Winklevoss twins (Facebook founders) are the most famous traders/speculators and they have done extremely well.

[grossproffit]

9. I was just reading a Vanity Fair article on Silk Road's founder Ross Ulbricht. Link within:

http://www.vanityfair.com/news/2017/04/silk-road-ross-ulbricht-drugs-murder

[HoneyBadger]

12. Such a simple business plan

Drugs are legal in a lot of places and illegal in more. Mail is rarely checked. You just mail them from one place to the other. Payment in bitcoin. Buyers and sellers do not know each other, so they used an escrow service. With a nice fat fee.

[Initech]

18. And just like cash, it's very easily stolen.

[HoneyBadger]

19. Yes and no

You need a fairly complicated password, probably the most complicated password that you have ever seen. And once you lose the password, there is absolutely no way to recover it. There are plenty of people that bought Bitcoin when it was cheap, maybe $40 a Bitcoin during the tech boom years, just because the cool kids were doing it. So they have have wallets with a $10k-50k of Bitcoin (present value) and no way to ever access it because they forgot the password.

But if you can somehow steal the password, yes, it is no longer secure.

[The Velveteen Ocelot]

2. What could that mean?

I don't know anything about how bitcoin works or what it's used for.

[SticksnStones]

5. It means that Spicey was sending someone a bitcoin address

Facts are: it was Spicer. It was Bitcoin. Bitcoin is a means for the anonymous transfer of funds.

Also fact: People pay for goods and services with Bitcoin so as to not have purchase run through the traditional banking system. Sometimes their motivation is nefarious, shopping the online black market. Sometimes it's political, anti-establishment. Some people buy Bitcoin as an investment much like acquiring gold.

Unknown but I sure would like to know: why?

Was he laundering cash? Buying pot? Loaning somebody bail money? Picking up a swell lamp he saw on Craig's list? Anything's possible...and he holds the kind of job that should require a provable explanation.

On edit: it's technically a Bitcoin verification code, not the actual account number. Still, it's Bitcoin

[politicat]

14. Another reason - ransoming one's own computer after a malware attack.

Ransomware is getting more common. Often it's just cheaper to pay the damn ransom.

But the press sec needs good security on all computers, including those in their home. So if a kid's computer gets malwared, that should be explained.

[SticksnStones]

17. The scuttlebutt now is it could have been a prank

The time stamps show a few hours elapsed between the tweet (first) and the Bitcoin activity (two hours later).

The number could have been planted intentionally....

We'll see...

[PearliePoo2]

7. Did Spicey have a 'Presser' today?

Anyone ask him about him using Bitcoin?
Is he going to show up for a 'Presser' ever again? lol

[pnwmom]

10. Nobody asked him. It was the giant elephant in the room. n/t

[Flaleftist]

8. Or it was his passwoord someone saw the tweet and used that string themselves

to make it look like he is using bitcoin.

[pnwmom]

11. Except he tweeted it out more than once. Why would he accidentally tweet out his password -- twice?

[Flaleftist]

13. Clumsiness

It would be more interesting if the transactions were before the tweets. However, of this administration does like bitcoin, they may try to put some kind of support behind it. They are trying to get approved for an ETF. Russia also seems to be coming out in suppport. There are some advantages to its use for people like Trump and Putin.

Aside from a great amount of anonymity and value that can be impossible to confiscate, a lot of money can be made if they secure a lot of bitcoin and then encourage mass adoption.

[HoneyBadger]

15. The Winklevoss twins have been pushing for an ETF

https://etfdailynews.com/2017/04/29/as-sec-reviews-bitcoin-etf-again-an-ethereum-etf-might-come-first/


But the biggest news may be that the previously-rejected Winklevoss Bitcoin ETF (COIN) might be back on the table again.

[HoneyBadger]

16. They own 1 percent of the world's bitcoin

[HoneyBadger]

20. This is considered fake

https://www.democraticunderground.com/10029005535#post13