Post
Topic
Board Speculation
Re: mt gox bitstamp arbitrage
by
WattBurner
on 11/09/2013, 17:19:16 UTC
How about this hypothetical...

I buy for 50 btc a "good" from Japan and have that "good" shipped to me. Customs declared value 50btc

I then sell and ship a different "good" to Japan for $6500 paid via international wire transfer. Customs declared value of $6500

Maybe that "good" could be a software program that doesn't need to be physically shipped?