I don't really see the point of transferring the BTC to John. I understand him being the point man on the due diligence of arklan, but since we will be trusting arklan with 100k of gear, why wouldn't we trust him with 100k of BTC?
Well, $100k USD equivalent in BTC is liquid. I.e., easy and worth walking off with.
Four hundred odd little devices which can't be readily fenced on 'the street', not so much so.
arklan, not saying anything here about your trustworthiness, just pointing out the significant difference to Blockhead.