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RE: Congrats @bwar.

in #engagement6 years ago
  • Sell most of the money to buy bitcoins
  • Change my look and ID
  • Grab some cash and flee to Venezuela near the border with Colombia
  • Once in Venezuela I'd buy a house with enough space to install a lot of mining rigs which I'd buy in Colombia

Once I'm safe and sound in my new place with all my mining rigs working like a charm with cheap to almost free electricity, I'd start powering up Steem, become a whale and just let the passive incomes rain.

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Using bitcoin for such activity is stupid because everything is visible on the blockchain. You better convert to an anonymous privacy coin like monero

and Venezuelan authorities will track you down, confiscate your miners and arrest you for using Government subsidized electricity for personal gains. Then, while in Jail, you will find someone to make you a wife and be there bitch. Have fun!

No. I have a friends in Venezuela who own mining rigs, there are certain practices and protocols to avoid being catched by corrupt authorities and robbers. It's not illegal using subsidized electricity for personal gains, just don't rob electricity from other houses to power your rigs and you'll be fine.