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by Paradigma11 592 days ago
If you are wealthy, why not put your hardware ledger(s) in bank vaults that can only be accessed with id?

It's not expensive.

1 comments

It still makes you a better target for bad guys.

Just look at all the movie plots that hinge on "ransom payment gone wrong" scenes, where the actual handing over of payment results in some kidnappers getting killed. With crypto, it just becomes "send a large amount of bitcoin to address X by date Y, otherwise we start shipping you various body parts of the kidnappee on dates Y+1, Y+2, etc." This dynamic is also the reason ransomware is so effective.