I've withnessed publicly where people questions why are bitcoin investors and holders act anonymously unique from other form of investment such as the stock markets, digital trading as forex and the real estate markets investors?
Someone ask, why are bitcoin holders being acting like they're into some sort of illegal indulgences? If is bitcoin a scam or they that holds the bitcoins are scammers? Because it's worrisome to figure why users keep their bitcoin profiles within themselves and some doesn't even tell it to their love ones or families like it's some kind of illegal.
I initially never wanted to get involved with the discussion even while I was in the midst. I had this whispering on my head that I should tell them what all that is about because they might currently be bitcoin holders or probably become one in the future and if they're not told the secret behind that act of enthusiasts holding anonymously, they might fall into thefts (physical attack victims).
Immediately I said it's for security reasons, one concurred and said yes, so that we don't get physically attacked after being exposed and steal our bitcoin, one said but bitcoin is said to be digitalized so how do thefts succeed to steal it that the only fear about lost of bitcoin should be online attacks.
Again I took a deep breath and ask myself if are these guys for real acting ignorant or lack of knowledge because I wouldn't want to be explained out and they won't see positive reasons to my opinion.
So lastly, I decided to play my part by spreading the little educative knowledge I've acquired so far about bitcoin and it securities. So to convince them to have that safety insight, I told them that bitcoin being one of the topmost growing assets has been so attractive to thieves and scammers because of it decentralized potential which in executed of transactions using the non custodial wallets or decentralized exchange without the use of KYCs keep users transaction untraceable and pseudonymous which means when your funds are stolen on bitcoin or crypto blockchains, there's usually hard chances to reveal the thefts/scammers real identities for justice and that becomes difficult to recover your stolen assets.
I gave instance to several occasions where exposed bitcoin holders are being physically attacked and they thieves doesn't ask for fiats as ransome but bitcoin so that they can keep their identities unrevealed. And for this privilege, even your family relatives could hurt you without your awareness.
So, to stay safe from getting physically attacked or getting on trap online, you must keep your bitcoin portfolio anonymously within yourself and stay unrevealed I'm both online and offline so that you don't get yours funds and life at stake on any selfish attacks.