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Interesting nuance!
What are the implications? That the guy could have a claim against the council, or a future landowner, if it became known they had accessed the coins?
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"not your keys, not your coins" seems to be a bit of a mantra in bitcoin land
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Not often you see a tandem that would work so well for a tall team where the stoker favours an aero position and the captain likes to sit bolt upright.
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Buying the site will make sense at the right bitcoin price.
I suspect the issue at the moment is that the council simply isn't set up to deal with his offer. I expect he is offering them an upside share, contingent on success, and they just don't operate in that world. They may well not be allowed to accept such an offer, given there is likely to be some upfront cost to public finances from going along with it, with no guarantee of success.
A future commercial landowner would be able to form a different view. But, of course, such a land owner probably won't need him to retreive what would then be their bitcoin! So I don't see that he necessarily has any advantages over anyone else in getting it. He knows which cell of the site it is in, but presumably the council also knows this, and they would be negligent in not using that info to maximise their proceeds if and when they do sell the site.
Basically, at this stage, it is no more his bitcoin than it is yours, mine or anyone elses, and he has no more chance of getting it than anyone else does - other than he probably has an irrational desire to try a lot harder than anyone else!
Poor guy!
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But the ruling is that the he no longer owns it: ownership passed to the council when it entered their rubbish collection system, and they don't wish to try to find it.
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So that guy who’s continuing to look for his hard drive in the landfill - what is his play exactly? Surely there is 0% chance that if it is ever found, it would be in any way recoverable.
He's just lost his case!
https://www.theguardian.com/uk-news/2025/jan/09/judge-halts-attempt-to-retrieve-600m-bitcoin-wallet-from-welsh-dump -
a system where it's your responsibility to tell them
That's largely how the tax system works, outside PAYE as they can get the employers to do the work for that. eg If you work via a limited company your main income may well be from dividends. The only way they can find out about that is when you tell them, either with your company director or your personal hat on.
Could be open to abuse
Risky to abuse it - if they do find out it won't go well.
And, as my experience showed me, they kind of have an idea what they are expecting you to send them, and they will get in touch if it doesn't tally.
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I expect they will tell HMRC too. I'm pretty sure that Chase has a UK banking licence, not sure about Vanguard, but I would expect they would be notifying regardless. I know that other organisations which are not banks report interest to HMRC, such as peer to peer lending platforms.
Regarding the mechanism, I believe that it is your responsibility to tell them, such as via filling in a tax return.
They may get in contact and say, 'this is what we think you have received' (they did this to me one year and their info had errors in it!).
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Nice ride! A couple of long days for mid-winter. I assume you were hotelling it, not camping?
Great to get so much coast. I can't remember what the wind was doing but hope you had more from behind than in your face. I don't reckon you lost out by cutting it short. The coastal stuff is great, the lanes inland can be pleasant enough but nothing extra special, and after a couple of long days, it must have been good to get back at a decent time.
Trying to persuade family to go to Whitstable for new year's day sea food lunch in one of the pubs, but weather looks like it will win the argument.
I thought I recognised that Premier shop at first as a control from the Oasts and Coasts, but it was in Deal - I guess they all look the same - then I realised why you photographed it.
I'm planning to do this at some point for a chilled midweek tour, so will be helpful to have a look at the various route versions.
Good analogy. In an analogue world, if you chucked away correspondence with personal details you wouldn't expect them to start phoning you up, accessing your bank account, doing ID theft with the info, etc.