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Joe Nakamoto, bitcoin journalist at Self-employed, cautions individuals not to inform governments or others about their bitcoin or crypto holdings.
Nakamoto adds that for privacy and personal security, it is best not to reveal possession of bitcoin or crypto to anyone. He further states he does not have any bitcoin himself.
Nakamoto has previously highlighted the availability of bitcoin home miners ranging from $99 to $799. He has also cited blockchain-based services such as Bitcoin and Tando as potential challengers to Western Union in remittances. His commentary continues to focus on practical aspects of bitcoin use and access.