Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam;

[marine4u]

Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; PPL lock their gold up, keep their mouth shut, gold lasts forever;

PPL who play BTC, trade it on the exchanges, are just targets, and hardly whales or rich;

Gold is practical and represents rarity, as an identity of human wealth. But I disagree is, BTC is "easier to steal", I don't understand the problem, do you understand bitcoin's immutable and decentralized security mechanism? You think that owning gold is uncontrollable, it is unrealistic. Lol, anyway, I appreciate this "black ink" category, and bitcoin is still the best.

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[Dhoe]

not necessarily those guarded by many bodyguards are safe, and not easily stolen, the proof is that there are many large companies that are guarded by a lot of security but every year there is always a loss of their valuables, not necessarily those without guards are easy to hack, it all depends on ourselves how do we take care of all that, if we are good at storing it is definitely not easy to steal, because the security of bitcoin is in ourselves, but the security of other goods, there must be strict control..

[hazenyc]

Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; PPL lock their gold up, keep their mouth shut, gold lasts forever;

PPL who play BTC, trade it on the exchanges, are just targets, and hardly whales or rich;

Gold is practical and represents rarity, as an identity of human wealth. But I disagree is, BTC is "easier to steal", I don't understand the problem, do you understand bitcoin's immutable and decentralized security mechanism? You think that owning gold is uncontrollable, it is unrealistic. Lol, anyway, I appreciate this "black ink" category, and bitcoin is still the best.

Of course Bitcoin is easier to steal than gold. Once you manage to get your hands onto the keys of someone, you can just transfer their BTC to your account and that's it. What are you going to do if you have the number to a safe within a house that you heard is said to have a ton of gold in there? You have to break into the house, kill the owner, open the safe, hope it's true, put the gold into a bag and try to disappear into the dark without getting caught. Now what are you going to do next? You need to sell that shit without getting caught again. Bitcoin does make stealing easier for sure.

[Wind_FURY]

Bury a LB of gold in the Ground, and 1BTC private-key scratched glass; bury them together come back in 20 years, I can tell u which one exactly will have value, because its a historical fact. In 20 years from now this generation BTC will be a pet-rock artifact. BTC is based on SHA-256 an NSA tech with at best a 10-20 year shelf-life, ergo hashes will have been long de-hashed into public-keys easily solved  by discrete-log supercomputers. The Secp256k1 algo to make the key into public ( also NSA ) will have long been hacked&cracked making all 2010 era Btc's worthless in the coming years.

That actually might be true, but currently Bitcoin is valued at $34,500 per coin, not by you, but by the free market which cannot be controlled by you. Plus wasn’t there a Satoshi quote that said, Bitcoin could either be very valuable, or worth nothing?

[hazenyc]

Bury a LB of gold in the Ground, and 1BTC private-key scratched glass; bury them together come back in 20 years, I can tell u which one exactly will have value, because its a historical fact. In 20 years from now this generation BTC will be a pet-rock artifact. BTC is based on SHA-256 an NSA tech with at best a 10-20 year shelf-life, ergo hashes will have been long de-hashed into public-keys easily solved  by discrete-log supercomputers. The Secp256k1 algo to make the key into public ( also NSA ) will have long been hacked&cracked making all 2010 era Btc's worthless in the coming years.

That actually might be true, but currently Bitcoin is valued at $34,500 per coin, not by you, but by the free market which cannot be controlled by you. Plus wasn’t there a Satoshi quote that said, Bitcoin could either be very valuable, or worth nothing?

@Wind_FURY I know Satoshi has been suggested for the Nobel Prize in Economics, but I fear he won't be suggested for the Nobel Prize in Literature for his statement "Bitcoin could either be very valuable, or worth nothing" Unless he refers to Bitcoin's utility in a very specific time and space relationship. If I was living on an island in a moment where there is no internet and no radio masts, Bitcoin would be worthless to me while it would be of value to others at the same time but in a different space! Let's assume he meant that, I'll suggest him for the Nobel Prize in Literature now!

[Rengga Jati]

This will always be a convenient material of all time, being a weakness of Bitcoin.
However, in every weakness, don't we also have to balance it by looking at the advantages offered by Bitcoin?
There are many other advantages possessed by Bitcoin compared to Gold or others.
And if it has succeeded and there has been mass adoption throughout the country, BTC can also be used as a global payment very easily, and now it has been valid. Not only that, investment in Bitcoin is also more tempting right? High Risks, High Profits here. So, let's start from ourselves, not only bitcoin but also all things, fiat money, and alin so on can also be misused for the actions of Criminals. Therefore, we will determine what Bitcoin is. Don't just judge what people are misused by people.

[hazenyc]

This will always be a convenient material of all time, being a weakness of Bitcoin.
However, in every weakness, don't we also have to balance it by looking at the advantages offered by Bitcoin?
There are many other advantages possessed by Bitcoin compared to Gold or others.
And if it has succeeded and there has been mass adoption throughout the country, BTC can also be used as a global payment very easily, and now it has been valid. Not only that, investment in Bitcoin is also more tempting right? High Risks, High Profits here. So, let's start from ourselves, not only bitcoin but also all things, fiat money, and alin so on can also be misused for the actions of Criminals. Therefore, we will determine what Bitcoin is. Don't just judge what people are misused by people.

Are you saying that Bitcoin lacking materiality is a weakness of Bitcoin? I would argue the opposite way and say that Bitcoin being immaterial is the strongest property Bitcoin has. It gives Bitcoin unlimited mobility, almost unlimited divisibility, and many other positive characteristics that Gold never can achieve or obtain.

[KennyR]

This will always be a convenient material of all time, being a weakness of Bitcoin.
However, in every weakness, don't we also have to balance it by looking at the advantages offered by Bitcoin?
There are many other advantages possessed by Bitcoin compared to Gold or others.
And if it has succeeded and there has been mass adoption throughout the country, BTC can also be used as a global payment very easily, and now it has been valid. Not only that, investment in Bitcoin is also more tempting right? High Risks, High Profits here. So, let's start from ourselves, not only bitcoin but also all things, fiat money, and alin so on can also be misused for the actions of Criminals. Therefore, we will determine what Bitcoin is. Don't just judge what people are misused by people.

Are you saying that Bitcoin lacking materiality is a weakness of Bitcoin? I would argue the opposite way and say that Bitcoin being immaterial is the strongest property Bitcoin has. It gives Bitcoin unlimited mobility, almost unlimited divisibility, and many other positive characteristics that Gold never can achieve or obtain.

Whats been said about bitcoin is an acceptable statement. Being immaterial by its development has given more easier accessibility or the global market. The same is now possible with gold as well, because when something is digitised automatically it gets the ease of access. In terms of divisibility bitcoin has an upper hand against gold, because gold has the milligrams as the lowest denomination.

Scamming and ease of crime/stealing of gold too is happening around, but those being materialistic there is some form of physical work being done whereas with the stealing of cryptocurrencies the brain work is the key. Whether it is gold or bitcoin, it all depends on the way we keep it secure.

[shield132]

Is BTC easier to steal? How? How virtual thing can be easier to steal compared to the physical one?
You store gold at your house or somewhere in a real-life place. Since you do this, people are able to find it and even your relatives, those who live in your house can rob you. But when it comes to Bitcoin, it's an encrypted, digital wallet, where only you have access. If you are careless person, then doesn't matter whether you own a gold or bitcoin, you'll lose it anyway.

Also, if something bad happens around you, people can rob your house and find golds but they can't find bitcoins and can't steal them if you saved them well. Also, you can carry your bitcoins everywhere and no one will know it, while you can't go on boarders with your golds and you can't carry golds with you.

[imstillthebest]

not necessarily those guarded by many bodyguards are safe, and not easily stolen, the proof is that there are many large companies that are guarded by a lot of security but every year there is always a loss of their valuables, not necessarily those without guards are easy to hack, it all depends on ourselves how do we take care of all that, if we are good at storing it is definitely not easy to steal, because the security of bitcoin is in ourselves, but the security of other goods, there must be strict control..

when the criminal sees a guard it automaticaly tells them that there are valueables that can be stole inside but if we only hodl btc we dont need for guards because it easy to hide our btc than physical things like a gold but i guess this wont work if the criminal kidnaps , hold up or forces you to give what you have got , more if the criminal knows about btc and ask you for your  private keys . if its our time its really our time .

[hazenyc]

This will always be a convenient material of all time, being a weakness of Bitcoin.
However, in every weakness, don't we also have to balance it by looking at the advantages offered by Bitcoin?
There are many other advantages possessed by Bitcoin compared to Gold or others.
And if it has succeeded and there has been mass adoption throughout the country, BTC can also be used as a global payment very easily, and now it has been valid. Not only that, investment in Bitcoin is also more tempting right? High Risks, High Profits here. So, let's start from ourselves, not only bitcoin but also all things, fiat money, and alin so on can also be misused for the actions of Criminals. Therefore, we will determine what Bitcoin is. Don't just judge what people are misused by people.

Are you saying that Bitcoin lacking materiality is a weakness of Bitcoin? I would argue the opposite way and say that Bitcoin being immaterial is the strongest property Bitcoin has. It gives Bitcoin unlimited mobility, almost unlimited divisibility, and many other positive characteristics that Gold never can achieve or obtain.

Whats been said about bitcoin is an acceptable statement. Being immaterial by its development has given more easier accessibility or the global market. The same is now possible with gold as well, because when something is digitised automatically it gets the ease of access. In terms of divisibility bitcoin has an upper hand against gold, because gold has the milligrams as the lowest denomination.

Scamming and ease of crime/stealing of gold too is happening around, but those being materialistic there is some form of physical work being done whereas with the stealing of cryptocurrencies the brain work is the key. Whether it is gold or bitcoin, it all depends on the way we keep it secure.

No it is not possible with gold because when you digitize gold the only thing you hold in your hands is a derivative, a certificate but not the real gold. That is very different from Bitcoin where you essentially hold the Bitcoin in your hands anytime and anywhere in the world as long as you are the only person possessing the private key to the respective unspent TXO.

[tinkerNamedFerro]

Your conclusions of btc origin and secp256k1 backdoor resonated with me (FBI recovered Colonial Pipeline Ransom) and was curious what you thought of other elliptic curve alg like  Ed25519 used for Monero?