#asknostr #bitcoin

Asking for a friend, a hypothetical with round numbers...

If someone were to sell bitcoin that is in cold storage for ~£100k after some more pumps to buy something, like home improvements: extension, loft extension, landscaping a garden etc...

What way would you recommend doing it?

- Taking a collateral loan is both difficult in the UK and way too risky.

- p2p exchanges: not sure what issues you could face and whether to be concerned about bank account terminations if they suspect something or ask what the money is from and you say bitcoin (also you'd be doxxing the buyer as a bitcoin owner). Also how many trades would you need to make and is there a size of trade that is just too dangerous?

- Exchanges: will the bank block large transfers FROM an exchange? I hope they'd be more lenient towards deposits compared to withdrawals from your bank account. Also is £100k too much?

- OTC: what is it, can any pleb use this or is it a gentlemens club?

- Other options?