Quote from: Smack That Ace on Today at 08:22:51 AM

Quote from: boyptc on April 30, 2023, 06:09:48 PM

Quote from: JamesBorn on April 23, 2023, 04:24:27 PM

This story is pathetic, the man who introduce me to bitcoin, his kid sis was knapped 2 weeks now and the kidnappers are asking for a huge ransom of N10 Million Nigeria currency but the whole thing looks like a plan work from some people close to him because many people know him to be crypto dealer. Now this money is never available anywhere, the man's only option is to sell his bitcoin and even if he does is not up to the amount. Do you advise he sells and bail his kid sister? Everybody is confuse.

Many things happens this days, putting you on a test! At what situations did you think you can sell your bitcoin and forget about bitcoin like it has never exist in your life. Knowing well the situation you're into many must have passed it and scale through without selling. What then will make you to sell even if the price is against you?

Bitcoin is money thus, we need to spend it on important things.

It's a no brainer on what should a person do with this situation, do you love your sister for that matter? If yes. You'll have to do the right thing and that's to bail and sell your bitcoin.

But before that, is there the authorities or cops can do on this situation and ask them to help with this incident? Because someone will think of that firstly unless there's no sense of asking them anyway.

I agree with your thinking, bitcoin is just money, and we invest in it to make more money and have a better life. Bitcoin is not something that can be more valuable than our lives or our loved ones. If you can spend money on things that matter, selling bitcoin is like spending fiat.

We get into that situation that we nearly don't want to spend our bitcoin even if it's in life and death situation. But from there, it's not just in the movies but people who have been into that situation have chosen to save lives and if there have been those that were not willing to sacrifice their wealth, maybe they're only few.

Quote from: Smack That Ace on Today at 08:22:51 AM

If I were in the OP's situation, I would call the police, which is what I would do first. And I need to confirm that it is real blackmail, not a setup to get my money. I won't hesitate or give it much thought because my sister's safety is far more important than bitcoin.

We can earn money again with our jobs, side hustles and businesses. But once life is gone, it cannot be brought back.