Fine, paid a lot of fees to miners (good boy)...honestly, I don't see a need to make 78K tx to get "just" 21K btc.
That's just being
a bit severely paranoid. Why not buy some otc in chunks?
Did you not notice the off-chain part? Ridiculous...
He paid
fees for 18 on-chain transactions to miners. Smart man. He made ≈4355 Bitcoin transactions per tx that actually paid miner fees!
Off-chain transacting is the way of the futurethe global public ledger is for secure synchronization of off-chain protocols.
Admittedly, I may be mixing issues and making too many assumptions there. Off-chain could mean on a centralized exchange. It could also mean Lightning Network, which is what I meant by the way of the future. Or it could mean any number of other things. (Just thinking aloud, perhaps he scooped up a bunch of WBTC, then redeemed itLOL, that would also be off-chain in this context.)Yes, what he calls off-chain looks like simple buying on exchange, and not even otc.