[logicallee]

what do you think the definition of "$200,000 in bitcoins" is?

[poolpool]

I think it means its 200k in "bitcoin" thats near impossible to cash out at such volumes. So I think this is a PR stunt and nothing more.

Rolling your own encryption has always been proven to be the worst idea.

[paveldurov]

If you don't like BTC and other cryptocurrencies, we will be happy to transfer regular 200,000 USD to you after you win. It's up to you.

[vasilipupkin]

Вы офигенно придумали. Молодцы!

I personally think it's great that people are trying various solutions. Disclaimer: I know little about cryptography

[citricsquid]

There's more than enough volume on any established exchange. $200,000 is roughly 380 BTC at the current price on Bitstamp (~$530). If you were to sell 380 BTC now on Bitstamp there are enough buy orders for the entire sell to be filled before the price got to $525.

[Sambdala]

$200k in Bitcoin is relatively easy to cash out without affecting the market much these days.

[eknkc]

You can easily cash that out today. $200k is not a huge deal.

[igindin]

200k USD will be paid in BTC

[geminitojanus]

Well it's $200,000 today, $386,000 tomorrow, $120 the day after that...

[justbaker]

Pick a good day for brilliance.