No you DON'T understand correctly. You wont send anything to US. You will send Bitcoin to a public well documented Bitcoin Burn address 1CounterpartyXXXXXXXXXXXXXXXUWLpVr . An Address that is unrecoverable and does NOT belong to ANYONE. Why not try reading before you post? We took the time to explain the process with iteration . Why NOT  take your time to READ and understand the premise before you post. It is mind boggling. Unless your just trying to rank up your account with nonsense post.