Post
Topic
Board Bitcoin Discussion
Re: There will be blood.
by
Digtop
on 27/11/2013, 21:04:17 UTC
I think the personal security aspect of bitcoin holders will be a big issue in a few months.
Yep.  Organized crime probably hasn't gotten fully up to speed on the unique opportunity that bitcoin presents, but I imagine they will.   Precious jewelry sitting around the house doesn't tend to exponentially multiply in value, yet bitcoins are, and I don't think bitcoin owners are adequately grappling with the personal security implications that may accompany the bull run.  Home invasion, gun to the family's heads, demand the transfer of the coins.  Lists of those presumed to have large stashes (those involved since 2012 or earlier, for example) might be quite valuable in certain unsavory circles.  Imagine a security breach at a Coinbase or a Bitstamp that leaks a list of the KYC-verified identities.  High-value targets!