Congratulations to devans for reaching 100+ pages in the thread. Also to RHavar because he was the original owner of Bustabit.
I am curious about how a deal of this magnitude took place?
How does one person in one country buy a highly lucrative and successful website from another person in a different country using Bitcoin? (assuming that was the payment method and assuming no face-to-face meeting to place).
I do not know if the terms of the sale were ever made public but either way without stating the figures involved, how does a sale like this go ahead?
It is hard to imagine an escrow of sorts taking place with Bitcoin going one way in exchange for server login details or domain ownership + database + files going the other way in zip format.
Did lawyers get involved to ensure the deal went through properly on a legal basis or was it more of an agreement between gentlemen who share a high degree of respect for one another? I assume it is the latter but can someone clarify?
Once again congratulations to both devans and RHavar on the continued success of Bustabit and getting to the 100+ page milestone.
Hey everyone,
Some people might already know me from
bustadice, which launched last October. A little over a week ago I also acquired bustabit from Ryan and will be running it going forwards. Due to the change in ownership it was necessary to generate a new hash chain and hold bustabit's second provably fair seed event, which you can find
here.