Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Trader Brutally Tortured
by
egyptian magician
on 07/03/2019, 14:02:12 UTC
I can’t believe nobody brought this always relevant XKCD comic up in 4 pages of thread:



Meaning is no matter how secure your private keys management system is,play it safe, downplay your involvement in crypto, preserve your privacy at all costs, don’t do stupid things like wearing bitcoin shirts or badges: a 5 $ wrench might be waiting for you next time.

LOL. I like it. Some crypto people really are funny. I mean, I totally agree that we do need to take security seriously. But I think far more often, people end up locking THEMSELVES out of their funds rather than thwarting these mastermind three letter agency level subversive attacks on their personal bitcoin stashes that they seem to envision in their paranoid fantasies. Any security professional can tell you that people are the weakest links in any security protocol. And that can include ourselves!

I don't think this was an "inside job". Sure, it's possible. Anything is. But it's much more likely IMO that several people simply knew that he was big in crypto trading and that he kept a large stash at home. Like I said earlier in this thread, people like drug dealers are victims to these type of robberies all the time. If people know you keep a large sum of cash (or digital cash) at home, you can potentially be a victim. So it's best for people to use common sense, keep their coins safe on a hardware wallet (but don't make it so complex that you forget how to access it) and more or less keep quiet about it!