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by InGodsName 2728 days ago
So you mean there are people who will assult me for a few million?

Everyday i see guys in supercars around me, i never seen them being assaulted when they are clearly without security and they clearly have all that money.

4 comments

But to steal millions from those people you need a lot more resources and a risky plan. Whereas to steal BTC from someone like you, you need a wrench to the head for some convincing, like in the linked comic.

I mean to steal millions from someones bank account you need them at the bank and even then you get a trail from bank transfer to another account etc. plus the bank could reverse transaction when police gets involved. While if they can access your wallet they can transfer anonymously to another wallet that no one knows who it belongs to.

So the person you are responding to has a point, I think.

No, this is paranoia to the extreme.

Nobody is going around hunting down people living in western countries to steal their Bitcoin.

This meme of "Don't Tell anyone that you own Bitcoin !!1!1" only exists because Bitcoin people are usually libertarian/paranoid to begin with.

Because their funds are easier to track. And easier to prove that they belong to them. Someone just needs to get your keys off you and there's that. You've got nothing on them.
Their money is mostly stored in regulated and insured banks and investments. Even if you get their bank password, you can't just move all their money at once to an untraceable account in an irreversible transaction leaving them with absolutely no recourse.
> So you mean there are people who will assult me for a few million?

People rob banks for a couple thousand dollars, or convenience stores for a couple hundred.

Supercars are very different - if you steal one, it's a) pretty easy for cops to spot and b) pretty hard to exchange for cash. Cryptocurrency, on the other hand, can be irretrievably exfiltrated in minutes.