Is there any organization that will state in writing your net worth in bitcoin?

Abdussamad

legendary

Activity: 3682

Merit: 1580

Quote from: mgio on September 05, 2013, 07:05:20 PM

Put all your bitcoin in a single address.

Sign a document with your name, SS, address, whatever with the private key of that address.

Now you've proven you own that address and thus those bitcoins.

That only works if they understand the proof. If they don't know anything about cryptography they will reject it outright.

mgio

hero member

Activity: 546

Merit: 500

Put all your bitcoin in a single address.

Sign a document with your name, SS, address, whatever with the private key of that address.

Now you've proven you own that address and thus those bitcoins.

Moogle

full member

Activity: 238

Merit: 100

KUPO!

Quote from: Topazan on September 04, 2013, 12:46:44 AM

Thanks for all the (serious) responses.

Quote

blockchain.info -> Print

I suppose that might be worth a try. But then I'd have to explain what bitcoin is and how to determine its market value. Sending an officer on a research project doesn't strike me as the best way to put them in good humor.

Quote

sell bitcoins, get a statement of bank account then buy them back again? ;-)

Possible, but I'd lose out on commissions and fees.

Quote

would be similiar to shares

It's not for a loan, per se.

Quote

It seems i have to create the Gabi Certified Bitcoin Networth GCBN, the authority wich will officially certify your bitcoin networth Cheesy

It would be nice if someone did.

in that case sell high then wait till it drops 10% before buying back Tongue

qwk

donator

Activity: 3542

Merit: 3413

Shitcoin Minimalist

In Germany, we have guys called "Wirtschaftsprüfer" (auditors), who will do such a thing. They are, for example, hired when you start a capital company/corporation, and the values you invest are not cash, but buildings, equipment, etc.
I guess they could do the same for bitcoins. If they would, that's another question. They tend to be pretty conservative.

Abdussamad

legendary

Activity: 3682

Merit: 1580

I suppose this is a situation where you have to think of the right questions to ask first. For example what are some exotic assets and how are they valued? Maybe works of art or rare stamps. How do the owners of these assets apply for a loan?

Searching for "loan collateral rare stamps" tells me that pawn brokers provide loans for them. For fine art some banks will take them as collateral.

Of course if it is not a loan that you are looking for then it is a different matter.

Topazan

sr. member

Activity: 354

Merit: 250

Sorry, I'll try to be a little more careful in my phrasing, I guess. But that's not going to solve my problem.

payb.tc

hero member

Activity: 812

Merit: 1000

Quote from: Topazan on September 04, 2013, 12:46:44 AM

I'd have to explain what bitcoin is and how to determine its market value.

a bitcoin's market value is 1 btc

that's what i read when i see the words "net worth in bitcoin"

Topazan

sr. member

Activity: 354

Merit: 250

Thanks for all the (serious) responses.

Quote

blockchain.info -> Print

I suppose that might be worth a try. But then I'd have to explain what bitcoin is and how to determine its market value. Sending an officer on a research project doesn't strike me as the best way to put them in good humor.

Quote

sell bitcoins, get a statement of bank account then buy them back again? ;-)

Possible, but I'd lose out on commissions and fees.

Quote

would be similiar to shares

It's not for a loan, per se.

Quote

It seems i have to create the Gabi Certified Bitcoin Networth GCBN, the authority wich will officially certify your bitcoin networth Cheesy

It would be nice if someone did.

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

It seems i have to create the Gabi Certified Bitcoin Networth GCBN, the authority wich will officially certify your bitcoin networth Cheesy

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

would be similiar to shares

http://answers.yahoo.com/question/index?qid=20090814114539AA65mgM

greyhawk

hero member

Activity: 952

Merit: 1009

I will confirm your net worth. Just send your net worth to the adress below and I will confirm it.

illpoet

sr. member

Activity: 341

Merit: 250

for the record my net worth is 17 satoshis.

BorderBits

sr. member

Activity: 275

Merit: 250

Your net-worth is ~~$10,000~~... wait... ~~$7,500~~.. nope, ~~$13,000~~. Welp, it seems your net-worth was stolen by a Chinese relics dealer.

Moogle

full member

Activity: 238

Merit: 100

KUPO!

sell bitcoins, get a statement of bank account then buy them back again? ;-)

Carlton Banks

legendary

Activity: 3430

Merit: 3080

blockchain.info -> Print Grin

People need to start to get to know: some "trusted" authority saying something means less and less these days, what with the whole foundation of our lives (the financial system) being so infested with dishonest overseers at the highest level. Trust in this nonsense really needs taking down a peg or two more, I'm hoping the coming winter should see the fidelity capital sliding further into the abyss.

melon

full member

Activity: 134

Merit: 100

marked to market or marked to book?...us housing and bbank balance sheets are s till debating real net worth values right now..the best to do would leave a 20 pecent leeway in case of value drop on net equity in btc aassets

in case of a loan it would go to a trust as collateral similar to escrow...or set up your own trust so the trust can hold and verify for others

Topazan

sr. member

Activity: 354

Merit: 250

I'm currently engaged in a couple of different endeavours, for both of which I need to demonstrate my financial standing.

I haven't been working for a little while, but I do have some net worth in bitcoin. I'm wondering where I can get a written statement to that effect. I do know that I can prove I own an address through signing, but I doubt that will be good enough for the bureaucrats. Is there any way I can prove it to a third party, and have them provide documentation to that effect?

Topic: Is there any organization that will state in writing your net worth in bitcoin? (Read 1649 times)