re: Bitstamp Halts Withdrawls

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I do remember him saying that.

No you don't.

I have routinely talked about bitcoin being like the internet in 1993, which required specialized knowledge and expensive hardware to get on and there wasn't much there anyway.

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So it's not as elaborate as it seems to set up?

God no. The technical side of it is easy.

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Transacting with bitcoin is quick, easy, safe, and painless.

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If you want to do cold storage, the easiest way to do it is to just generate a private and public key pair on a computer that has never been connected to the internet, then print the private key and put it in a safe (and perhaps store a copy in a safe deposit box at a bank or a trusted family members house -- but at least have 2 copies so you don't lose it to fire) then, when you finally get your bitcoins, simply have them sent to the public key of the address you have in cold storage. the bitcoins will be secure.

i could literally do all that in 5 minutes

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First of all, severing taint between transactions is quite easy to do.

For instance, a mixing service might have POOL_A and POOL_B. You send your money from ADDRESS_1 to POOL_A and they send you money from POOL_B to ADDRESS_2 (which you also own). So now, the "tainted" coins are sitting in POOL_A, while you control some non-tainted ones that were sent to you from POOL_B in a completely different bitcoin address. Someone else will eventually gets your original coins that were sent to POOL_A. That is a very simple example of how this works. They actually get more complex than that.

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