Post
Topic
Board Ivory Tower
Re: Protection against armed robbery of Bitcoin
by
iluvbitcoins
on 29/01/2018, 17:11:56 UTC
sigh... Some of us live in countries where it's illegal for an individual to carry any kind of firearm (unless traveling from home to a shooting club or back, carrying a legal licence, with the gun locked up in the trunk), any kind of gas pistol, pepper spray, knives, tasers, baseball bats,... Basically, it's illegal to carry anything you can use to protect yourself  Cry

Personally, i recently hired a safe at our local bank to store my hardware wallet (+ the encrypted seed). I don't own that much BTC anyways, but i was entertaining the idear of renting a safe to store my house's deed, my testament, some silver coins,... so when BTC price jumped, i just hired a safe and got it over with.

What  Shocked
Pepper spray is considered a weapon?  Shocked
Just carry something anyways.
How many times have you been searched by police in your life?
I'd say it's worth the risk.


Keep the cold wallet at home encrypted and only a hot wallet with you, therefore if someone attacks you, if you're forced to, you can give away a low amount of coins.
I'm unsure how it works in the US, but if it's possible, get a legal carry, if not, as I said, pepper spray, electric shocker, or a knife.
I'll be getting a new batch of bitcoin knives soon, might as well get those Tongue
Well, the bold words may work if you are been attacked unexpected. But what if you were been kidnapped? If you send them a low amount of coin, the robber will certainly know that there is alot more you are holding back, after all he targeted his victim before attacking. Have you  thought, what if you left home without your pepper spray, electric shocker or a knife? You don't want to be living in fear all just because you are a bitcoin trader. We all hope we don't fall victim to this new type of robbery but I would still prefer to live a normal low key life.

You can only try to play it real, like you gambled it all, or you invested it in some ICO that went shit, they might not believe you, but it's worth a shot.
Don't leave without it  Cheesy
I have a switchblade with me at all times, not because I need it but because it comes in handy when you need to open stuff.
It's legal to carry here if the blade is 8cm or less, this one is 9cm, but fuck it.
I was never searched by the police in my entire life, and I probably won't be.

All the self defence suggestion (gas pistol, knife, pepper spray) are bad idea when facing 4 armed (dark-skinned) attackers and when you have small child in the house.

But what I'm more interested in is what security feature could be implemented by exchanges to prevent gunpoint-forced transfers. Opt-in 3 days delay for withdrawals above certain amount? For business-owned accounts - requirement of two 2FA authentications?

I don't think those 4 dark-skinned attackers could do anything in a house with motion detectors, 2 Kangals, and you with a rifle sitting inside.
If they could, it's still a lot better than nothing.

Also, ofcourse you're going to try to lay low as it's suggested, but why not make your house safe as well?