Quote from: o_e_l_e_o on May 27, 2020, 01:28:15 PM

Quote from: bitmover on May 27, 2020, 12:35:41 PM

Do you have a TV in your house? A bed? a refrigerator? Did you carry those itens personally in your back, or did you gave your personal information to those sites so they could deliver it in your house?

I have all these items, all bought in person, paid for in cash or bitcoin where possible, and taken home by myself. When I moved house, I dismantled and packed everything myself, and moved with the help of one friend and his truck. I also use Amazon, paying entirely in non-traceable giftcards, and delivering to a drop off location which I later pick up from.

Hmm, this could be almost impossible here, even if I would try paying in cash, I would have to buy most of the stuff from Aldi or other chain stores as most electronics stores ask for your name and data even if you're paying in cash. Besides for most things the warranty is void without a name printed on it, so you'd have to id yourself at least once.

Quote from: o_e_l_e_o on May 26, 2020, 07:28:08 PM

Still, the issue here is people worrying about become a target for a physical attack. It's very hard to hold someone at gunpoint and make them empty all their fiat accounts in to yours - there will be withdrawal limits, extra security checks, phone calls to and from the bank, delays, etc., not to mention the attacker must use a bank account not linked to them but they can still access so they aren't immediately identified. Conversely, you can hold someone at gunpoint and make them empty all their bitcoin wallets in to yours in 5 minutes, completely anonymously, without any additional security checks.

Yeah, one of the things people always forget when it comes to security.
One additional thing is that if in the case of a bank transfer that is reversible in case you have been robbed and your bitcoins have entered the thief account....good luck retrieving them.
You can jail him, 20 years in prison, but when he comes out if he has hidden the keys good enough he still has the loot and nobody can do anything about it.

I remember a debate about bitcoin ending corruption...
If I would be a persona accepting a bribe I would simply have a QR code on a piece of paper on my desk and point to it, prove in court I own that address, prove in court I have the funds, try and take my coins away. Grin

Quote from: 20kevin20 on May 26, 2020, 12:51:45 PM

It is quite scary how a little database leak could lead to a huge chain of robberies involving potentially millions of USD, specifically if big names & their addresses are leaked.

Big names already have all their info available if you do a simple search, you can get their address in a few minutes looking at their FB pages, for god's sake, some Yt Instagram or FB "influencers" actually let people know their phone number and mail their fan art or gifts directly to their home. Everybody knows about the big names, we have gossips all day about that guy and this guy buying coins, winning an auction investing in it.

When your name is unknown how would a thief know you are storing millions or 2000$ or if you haven't gifted it already just from your name?