Bitcoin Forum

No better business soon then bodyguards and security.
AS we Also see that a lot scams happening for example FTX and now it look like binance is next.
But not just crypto other instutions scam people Also all of this creating more violance in the world and stress.
People who feel unjustice Will be unpredictble.
You better start IPO and ICO crypto start up companies with security and bodyguards service related.
Security will be only booming business for sure.
And off course the funeral service Will be booming Even more becouse many people Will take their Life by their own becouse many people Lost and lose money in crypto now and no more christmas for them.
The rich people the top elite right now scam everybody else in the world that's the process what's going on now and many people lose all the money

Crypto exchanger ceo-s need most of those services lol 😃

Off course If they go to jail it's safer there but not together with general population lol 😁

It is true that majority of people that opreates in the crytocurency market use centralized exchanges but i dont think the fall of FTX or Binance would have a lasting negative effect on Bitcoin. These falls would lead to more awareness of the need to keep your coins in a safe decentralized wallet. This would make Bitcoin stronger and shield it from the negative influencea of these centralized platforms.

The security sector have always been a lucrative one, especially in areas that are experiencing insecurity. Your advice to consider investing in the security or funeral sector is not for me. I am wondering how you got the statistics that the problems of FTX or others would lead to a high rate of insecurity and deaths because in my country I am not sure up to 1% of the population engage in cryptocurrencies, thus I am wondering how it would make the security or funeral sector lucrative.

I am not quite sure what OP is trying to say here. Crypto is decentralized and this gives the users freedom. And if you keep your privacy safe and protected without giving out much footprint, then you don't need security.
I am still trying to figure out if this is a serious post or to make fun.
They are suffering for what they did to the people, and trying to get free from that with bodyguard and security won't do too much. This is the reason there are laws in every country.

Assuming OP is talking seriously, I  believe he is pointing out the fact world is becoming more of a dangerous and violent place as years pass and the whole mention of the crypto-scams could be just an example of things which make life miserable for millions of investors.

I personally have mixed opinions on security and corporation army businesses. It is supposed to be the job of the state to guarantee the security and safety of their population to a minimum level, which would be enough to live a normal life.

Don't think of ICO in collaboration to whatever service because it failed and no more trust in it. People won't buy into it, nobody like to be fulled twice or many times. I also see that insecurity is becoming a big problem to the world and communities trying to secure themselves as government keep failing to maintain the primary aim of government, the security of life and property. Therefore, the demand for security guards and other aspects of security is in high demand like dogs. We have more increase in the rate that young men are going into the field of security guards and agents to recruit security personnel and export them to needed countries.

Cyber security will probably be in a lot of demand in the future, as it is, the world is growing in technology and the need for security to combat cyber crimes keeps increasing. So I do agree that security will is a top priority now and in years to come and in the case of bodyguards, I don't think it is in such high demand as security does.
Bodyguard services are mostly required by certain people and they number is not as high as the number of people who require security.

What is someone going to do? They get ripped by FTX and they live across the world, so they're going to take up arms somehow and retaliate against FTX HQ? Doubtful.

These companies are getting away with user funds because they know for certain that the government will either let them do it, or that they know the consumers have no recourse. It's not as if a company operating in the Bahamas is ever going to fear what their users are going to do when they live literally all over the world after they steal the money and take a plane ride to a non-extradition safe haven.

OP is full of shit again making bold statements with nothing to back them. Why would binance be a scam? Binance was big before FTX and helped to finance FTX which happened to be a mistake, but Sam fooled more people than CZ. FTX was a scam but Binance is still here and so are other exchanges like Coinbase, Bitstamp and others.

What are you trying to say OP? That all exchanges are scams? If it is so, why do many of them operate for more than 5 years without the need for fractional reserve banking?
Exchanges and businesses that go fractional are sooner or later going to make a mistake and die because unlike in traditional banking nobody is going to come and bail them out.
If CZ is being honest and Binance isn't going this way, it won't collapse.

It's really easy to run an exchange and there's only 3 things that I can think of that can lead to a collapse.
1. Hack (Mt.Gox)
2. Fractional reserve (FTX)
3. Scam (Btc-e)

Share your views here. It just costs too much for individuals to take actions against crypto companies that are scammers. The lucrative business exists for reasons with government's involvement or tolerance. I am not defending any of them, just trying to tell the truth. Bodyguards and security services might be in great demand to protect all the money those guys ripped off.  ;D

I agree with you, I don't understand why so many people look at the death of FTX, and they can confidently say that Binance will also die under FTX. I am not saying that Binance will never die but what they are doing shows us that they will still be with us and will become even stronger after the death of FTX. If they want to stay in business, they need more credibility, and they are doing it. We should support them rather than vilify them.
An exchange crash is not good for the market, so I hope people stop those negative thoughts and build a healthy market together.

The CEO of FTX stole people's money, and even though he was surrounded by many bodyguards, it couldn't hold back the anger of people who lost their money, so i think the bodyguard business will not boom and it will run as usual.  reputation is a vital thing in the internet world, those who have damaged their reputation, will not be able to fix it at any time, people who are angry will not be afraid of bodyguards, even chances are that the bodyguard will run away when they are terrorized and attacked by many people lol.

Speaking more about security and the safety of your cryptocurrency, Newbies should also be careful about people who will offer their services to help or provide assistance to them in securing their cryptocurrency. You shouldn't trust anyone offering services to teach you about how to secure your coins and asking for access to your noncustodial wallet. Your security should be your responsibility first.

The issue of security is something that should not be taken lightly. Quite true that the collapse of FTX has caused some individuals to be wary of CEXs but I doubt that those who were affected by it would be free of such dubious acts in the future if they don't take necessary steps to avoid a repeat by being cautious and not always letting greed get the better of them.

 I don't think there'd be a need for a funeral service if investors can be able to spot all these red flags and ward against them.

Isn't that something that's already booming anyways? Security service and bodyguards are more prominent in this era. Even relatively unknown 'celebrities' and influencers are getting their fair share of bodyguard/security service. Some of them are genuinely concerned on their security, while a huge number are just concerned on how to look good in public and how it portrays importance on their image.

I'm genuinely interested on the rise of funeral service. It's something I haven't heard of yet :D

i'm trying to catch what the OP said and I can say that the OP's point here is that the world is getting crazier and in the future there will be more people who need security and this will be a potential business in the future, so we should be able to take this opportunity( ?)

Nothing much has changed, crime will tend to tick up a bit in recessions, however the richest are likely to keep their teams the same size if they have them in place already. The only thing that might nudge them to increase the size is if their wealth goes up or if they have received particular threats or think they are in danger for some other reason. What a depressing though about funeral services, but I guess nothing changes there either, in bad economic times when people feel a lot more desperate or don't have enough money to survive then tragedy is more likely to strike in different forms. The fact that food and energy costs are high could cause a lot of misery.

we are in 2022

where exchanges are not hosted in some office somewhere. they operate in amazon AWS services(cloud). and have exchange employees doing 'remote working' practices(work from home)

businesses that have valuables and VIP's sat in office buildings is a dying business model

you wont find bitcoin sat in a office desk if you raided a skyscraper. all you will find is a virtual office (rent by the day) used mainly for mail re-directs and the occassional business board meeting once a year

It's a scare-sayer from a prepper who sees the world will be dominated by criminals trying to loot from everyone they see on the streets.
I have watched several of these people who are preparing for what they thought will come when everyone is hungry because of the economy that Jerome Pal is doing.

To me, before people will start robbing their neighbors in the middle of the night, they will first try to make more protests against the government.

We are in a dangerous world but in a digital area, many now are not into cash or investing in tangible investments like golds or having cash at home. Many invest now thru online or keep their money in bank. It is unnecessary to have bodyguards if we let ourselves lowkey and don’t show how rich we are. Unlike before that rich people keep money and investment in their safe at home, some now keep it online or through trezors were it is hard to find. What we need to avoid is to be attacked in our online transactions, so keep our keys safe and double check always our sites and transactions.

For general clarification, the provision of special protection of any kind or under the supervision of any apparatus does not prevent the start-ups from being prosecuted or getting rid of legal accountability in the event of a breach or if the security need arises.
 On the other hand, there is an increase in the demand for protection products and services of all kinds, including surveillance cameras, guard dogs, alarm devices, as well as bodyguards, whose services costs rise according to the personality requesting protection.  Not only business owners request a private guard, but also public figures and influential figures.

I think it's okay to trust people whom you already know the most like for example your close friends and family members because you already know their attitude and you won't approach them if you think they are hiding something. Topics about wallet and on how to secure it are seem sensitive but we need to learn especially if we are only a newbie.

I agree about the OP that security are going to boom soon here in cryptos because there are so many hacks and frauds that have happened lately but I am not sure about the bodyguards. I think this can make sense in the real world. We don't need a bodyguard when we are only at our home and doing our business online.

Bodyguards are for those who tries to showoff their wealth to others, but if we’re not expressing ourselves it will not attracts people to get jealous and thinks bad on us, so there is no need for bodyguards. Though Security is need to to keep our accounts and wallets secure. If we have a hardware wallet better keep it at safe place where nobody know except you and if were into online trading we must keep our keys carefully saved as well the websites and downloads that we are visiting. It’s also good to keep on tracking transactions to avoid mishaps if there might something unusual happening in our accounts.

From the past until now, security has been the most important thing, not only for business people, people who invest, or for the public because nowadays, crimes can happen anytime and anywhere. And the bodyguard business and security service are businesses that are sought after by rich people who have a lot of money because there will be people who want to take their money. But if that happens in the online world, I don't know how they can work because bodyguards and security services must have special expertise to deal with cyber crimes. But those rich people would surely be willing to pay them just to keep the money safe.

We all want freedom and that's the reason why we have chosen cryptocurrency. I don't know how security guards and bodyguards will work for those who are seeking complete security.
However, I believe that for us ordinary people who seek assurance and security, it all depends on how we will handle our wallets and funds. We only have to be wise and skeptical so we won't fall for scammers and hackers' traps. We only have to be observant and responsible all the time.

Bodyguards wouldn't help SBF and they won't help any other major scammers. Bodyguards also operate within a set of rules and they can't do anything against law enforcement.
The crypto ecosystem operates in such way that most scammers remain well hidden and it takes time to find them like that pair who was laundering coins from bitfinex. It took years and some mistakes by them and the police got to them before the people could. Bodyguards don't make sense in crypto unless you want to show off.

Security guards and bodyguards will make sure that they work according to the rules that have been set, and they will protect their clients well until they finish hiring them. And it will also be provided by security guards and bodyguards who offer their services online, who will always monitor everything under their supervision and make sure nothing suspicious. And yes, we must be responsible with our wallets because, as owners, we must make sure that our wallets are safe from scammers and hackers.

after Covid people are now homebound
PEople leave home less but that too is true there are security concerns and issue but everyone cannot afford and security guard and bodyguard but those who do they really invest in good guards and security services

Doesnt really need to have a bodyguard or something about security if you are that someone who do knows on how to avoid possible circumstances and able to act accordingly then it would really be just fine.

Its true that we are living on a world today where crime rates do goes high as years passing on.Why? because of that common factor which is mostly talks about poverty due to lack of jobs and non-stop inflation.

This is why it is really that ideal that as an individual, you should really know on how to make yourself that sustainable and its just common sense
that you should react on something that do compromise your security.