Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champins.
Things are escalating as, apparently, a
14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies.
That's why I don't like anyone to know I'm in the Crypto business.
It's not just crypto business, am pretty sure it applies to all the businesses as well. Having money and bragging about it is totally ridiculous. People end up getting kidnapped, dead or even scammed by their own family members. Well the kid was too young to know what he should have/shouldn't have done but at the end of the day I hope he is safe and home soon.
That's why we talk about privacy as well. It's not a small issue. It's really complicated as well. Things get messy within seconds.
Even KYC is something that takes all the information and sends it to the government and if the website gets hacked there would be addresses and personal information of the whales coming out as well.
How safe it would be for them ??
Boasting should never be done.
Agreed. There's a lot of private information should we handle and keep it save. We don't know public and we can't handle it. Like a lions roar, It's totally liar there.
Keep our data, information, and any privacy related wisely.