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by jjackson5324 842 days ago
Do you view it as a security hazard to talk about this publicly (or tied to your username)?

I presume that bitcoin is now worth millions of dollars (at the very least)?

4 comments

That’s a valid point, but I wouldn’t call it a hazard since not much information is available (as your second question implies). It’s similar to seeing someone with a luxury car on the road, except that one is physically accessible and the other is not.
There are, I would guess, hundreds of people on HN who are millionaires and happily lead public lives without fear of being hit by $5 wrenches until they give up their passwords.
I know a guy who stopped saying how many Bitcoins he had after he mined few thousands (by then Bitcoin was skyrocketing to single digit dollar values!) I know he kept mining for years.

I know for a fact he only sold 2 of those since then.

Now here's the interesting fact: he wasn't early into Bitcoin because of the technology, but because he was a full blown lunatic crypto anarchist. The guy literally works at some low paying job and has a normal life and lives dreaming about a world where Bitcoin's a common way to trade goods.

Seriously, he's easily worth hundreds of millions since years and he lives like a normal dude and spends his time just blogging and being a bitcoin evangelist.

>Seriously, he's easily worth hundreds of millions since years and he lives like a normal dude and spends his time just blogging and being a bitcoin evangelist.

Maybe I'm just reading it this way, but it seems like you are implying that this is a negative and I'm really not sure why a millionaire living like a normal dude could possibly be considered negative.

You're right.

I actually like him for that.

What I inherently dislike is anarcho-capitalism of which he's a huge supporter.

What's wrong with anarcho-capitalism?
kinda true. A lot of users were targeted by outing themselves as having crypto wealth.
No because whether he owns a bitcoin at $30 or at $30k a bitcoin is a bitcoin and at this point every wallet is indexed, tracked and any wallet with significant value (regardless of cost basis) is being mined for potential vulnerabilities.
>at this point every wallet is indexed, tracked and any wallet with significant value (regardless of cost basis) is being mined for potential vulnerabilities.

The point being made is that once a wallet is connected to a real identity (as opposed to just knowing that wallet X has Y amount of BTC), the attack surface for that wallet is increased by magnitudes and entire vectors of attack are opened up (e.g. phishing).