BTC holders, do not reveal your identity online

[dezoel]

There is basically no evidence of who and why this happened to Dr. John apart from the fact that his mobile and laptop were used and left in the car and if they were only after the money they would probably take the wallet, mobile, and laptop with them but they left these things behind, so might have accessed his wallets or other applications and taken the money away, but I doubt if they could really get their hands on them unless they first tortured him and made him open his accounts containing cryptocurrencies and money.

This is too unfortunate and people should obviously not disclose their wealth whether it's in crypto or fiat, a millionaire should never roam around like that knowing people know that he has a lot of money.

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[Mpamaegbu]

First point to note in this industry, especially on Bitcoin, is that privacy matters. This has been preached enough. We know how even Bitcoin is all about decentralization and privacy, so why should anyone hodling it then flaunt it. Wealth acquired through cryptocurrency isn't what people should display on social media because world don't know who's watching at any point in time. There have been instances in the recent past where people got attacked in their homes after they had exposed their flamboyant life style. This thing isn't new and will continue to reoccur in as much that people aren't discreet with their businesses.

[southerngentuk]

It is dangerous when you publicly disclose your crypto assets because you may become the target of criminals. They often see Bitcoin holders as potential targets due to the irreversible nature of transactions and the difficulty of recovering stolen funds. Therefore, Bitcoin holders as well as other individuals with valuable assets should exercise caution and take appropriate security measures, such as keeping personal information private and implementing strong security measures. Secure their digital wallets and be mindful of sharing personal information in public forums or on social media. While it is difficult to comment specifically on Dr. John, it serves as a tragic reminder of the potential dangers involved in openly discussing or disclosing significant financial holdings.

[demonica]

Was there any act of accessing his laptop or mobile phone or his wallet? It may not be a hundred percent sure that this is about stealing his Bitcoin but it's possible especially if he is known as a Bitcoin millionaire. There are other possible reasons or motifs behind his death.

But if we're going to talk about revealing your identity as a Bitcoin holder especially if you have a lot of crypto assets, I agree that being lowkey or keeping it a secret is good rather than exposing yourself just to ensure your safety. You can still be open about Bitcoin to your close friends and families but avoid boasting about the amount of Bitcoin you have, especially in social media.

[Adbitco]

I think there are lot of people who don't have this secrecy in them because they wants to be famous and well known, but in the case aspect of Dr. John i don't really know if his death was as a results of revealing his bitcoin holdings or address. There are more to his death so the investigating department should work tireless to find out what is the reason of his death, because for only exposing his holdings wouldn't have caused this attack towards him.

Actually, i'm seriously against people posting their address and holding on social media to just gain attention and popularity without know they are endangering themselves to hack or attack, we should learn to remain anonymous.

[SyndicateLabs]

I think the main problem is flaunting personal wealth, and that actually causes pretty negative problems not only in the crypto environment but in many other areas of life. If you reveal too much information about your assets, you can become a target for criminals, and make your property vulnerable to theft or theft. Showing off your possessions can cause jealousy or unhappiness in those around you, especially if they feel they are less fortunate than you. If you show off your possessions excessively, other people may not trust you and may have a negative opinion of you. Wealthy people can be viewed as bragging about power or wealth without a moral basis, which can cause disparagement or opposition from others. Therefore, it is best to promote privacy and respect the privacy of yourself and others, and not brag excessively about your personal possessions.

[KiaKia]

People who possesses large amounts of money have to adopt extra security measures. They can't give themselves the luxury of being so careless over their physical integrity like a person who works for a minimum wage is routinely. Investments are needed on cameras, high walls, electric fences, alarms and even bodyguards. A millionaire should never be alone or solely accompanied by people he doesn't fully trust.

I think when we see murder cases like this, the problem goes beyond people around knowing you are a Bitcoin holder. It says much more about the negligence of the individual with his own safety. Because if it was solely an issue related to people knowing you are rich, nobody could be spotted as a rich person in the world without being harmed or damaged.

There are low key millionaires that are not really millionaires to the eye when you look at them, this is a matter of choice, some millionaires are not ready to appear as a millionaire, they are good at living like the rest of the average salary earners, but the majority want their names to be known, they want their names to be called as a millionaire,  so they acquire huge estate to live in and start living the life of a millionaire.

If I ever get to this stage in my life I am going full Andrew Tate, I will learn to kick asses which I am already, but not a pro yet, I will likely get a bodyguard but I like doing things alone, even bodyguards this days can bite their masters in the ass.

[Ndabagi01]

However, many have commented on John's death, the most talked about being that his identity was leaked to everyone and that he was possibly kidnapped for Bitcoin or some other ransom and any information or valuables were taken from him. However, all bitcoin holders should learn from this incident and remain anonymous in public and tread carefully.

Every situation necessitates the importance of privacy. A violation in privacy can result in a variety of undesirable outcomes, such as the case of this Doctor. OP, there is no proof in the detailed post you provided on how Doctor John was murdered that it was because he had BTC that he was tracked down and murdered for his money.

Even the commenters on that occurrence were simply speculating on what might have happened to cause his death. We can't just dismiss what those comments stated because it could be related to him being affluent and being a cofounder of Onfo coin, a decentralised cryptocurrency. Privacy is essential, and it should never be taken for granted.

[michellee]

As someone who invests in Bitcoin, it is necessary to maintain secrecy by not saying many things about the Bitcoin he owns. That can make a lot of people curious and will keep asking questions and it could be that some of them will do bad things to us.

Investing in Bitcoin is something that is private and it is our responsibility to be able to protect it from others. Several cases have occurred because they tell too much about Bitcoin, especially if they say how many Bitcoins they have.

And for the death of Dr John, we're just speculating that he was murdered without knowing the truth. This is what makes us have to be careful in storing our Bitcoin.

[terencio]

I agree that bitcoin holders should be careful about revealing their identity and wealth online, as there are many criminals and hackers who may target them. However, I also think that we should not let fear stop us from spreading awareness and education about bitcoin and its benefits. We need to create a more secure and inclusive crypto community that can protect and support each other.

[Magic-Money]

Bitcoin investors has to be very careful, because many people out there are seeing Bitcoin holders as a rich guy, without having the knowledge or knowing the quantity or level your operating on, because any body that know your into Bitcoin business, all they mind is that anyone doing Bitcoin business has not less than one Bitcoin (1BTC) on his/her wallet, so have to be careful about telling people you're Bitcoin holder.

[phantailaptopbl]

Bitcoin investors has to be very careful, because many people out there are seeing Bitcoin holders as a rich guy, without having the knowledge or knowing the quantity or level your operating on, because any body that know your into Bitcoin business, all they mind is that anyone doing Bitcoin business has not less than one Bitcoin (1BTC) on his/her wallet, so have to be careful about telling people you're Bitcoin holder.

The main problem in this is flaunting and personal wealth and its not only in crypto situation only ,But in many other areas of life. If you reveal too much information about your assets, you can become a target for criminals, and make your property vulnerable to theft or theft. Showing off your possessions can cause jealousy or unhappiness in those around you, especially if they feel they are less fortunate than  your own trust will be respect them is main thing in this

[Halime Anatolia]

It's always sad to see people disappear and die in such shady circumstances.

But is there really any evidence to link the possession of BTC to Dr. John's death? The translator doesn't give me anything really readable. In any case, I'd be surprised if you killed the person concerned. Who else but him could give you the keys to the wallet? Anyway, I guess that every situation is different.

Do we have access to any statistics about the number of kidnappings, assaults or hostage-takings with the aim of stealing cryptos / BTC in some countries?

The administration has not been able to find out why the kidnappers killed them or make any arrests in this regard. What I have said is a cautionary tale because Bitcoin has become an increasingly important topic. No one can say for sure that this will not happen to Bitcoin in the future. But if Bitcoin holders keep this in mind and caution themselves, I see nothing bad.
But I can't say in terms of all countries, but in my country, even for a small amount of money, kidnapping or hijacking is done.

The occurrence of kidnapping or piracy, even for relatively small amounts, can vary from country to country and Bitcoin holders should remain vigilant and careful. Worrying indeed, If the government has not moved quickly in uncovering the motives behind the kidnappers' actions or bringing them to justice, it is important to view this as a cautionary tale, especially given the growing importance of Bitcoin.

Maybe this is what I can say "Shut up in the sense of not talking too much and telling other people and being more silent if we already have a lot of potential for this BTC coin"

[bayu7adi]

Maybe this is what I can say "Shut up in the sense of not talking too much and telling other people and being more silent if we already have a lot of potential for this BTC coin"

In truth, it is essential for us to maintain a sense of normalcy when navigating public spaces, particularly in the realm of social media. If you are genuinely engaged with Bitcoin on a daily basis, discussing it on social platforms is not strictly forbidden. However, one should never disclose the contents of our wallet.

Those who tend to remain silent and withhold their words will find it challenging to discover their own circle, as it is through these circles of friendship that individuals can further advance. We will always need friends who resonate with us at the same frequency to foster conversations that can evolve towards more advanced topics, including friends who share an interest in Bitcoin. It seems reasonable to discuss the potential of Bitcoin, but never upload the contents of your wallet anywhere. Even if you seek praise for such an accomplishment, it is utterly futile.

[Asuspawer09]

I mean it's always a thing not to give your sensitive information online so you don't really want to do that on social media, there are a lot of recent cases of theif here in my country because people posted their location as if they are on a vacation people will know that there might be no one on their home that time. So just don't give everything on social media you just don't need to.

That's already a thing if you add posting something about Bitcoin or money I mean that's your fault since that is just way too risky, kidnapping, theft, etc. could easily happen if people wanted to take your Bitcoin. Even though your Bitcoin is secured online they could easily be forced do to a transaction maybe sending your Bitcoin to their wallet.

Just be anonymous as you can, I mean maybe yes if you could protect yourself or hire someone to do it like rich billionaire people.

[Andrija Branislav]

First point to note in this industry, especially on Bitcoin, is that privacy matters. This has been preached enough. We know how even Bitcoin is all about decentralization and privacy, so why should anyone hodling it then flaunt it. Wealth acquired through cryptocurrency isn't what people should display on social media because world don't know who's watching at any point in time. There have been instances in the recent past where people got attacked in their homes after they had exposed their flamboyant life style. This thing isn't new and will continue to reoccur in as much that people aren't discreet with their businesses.

It is true, privacy is very important for Bitcoin holders not to reveal their identity online and not to flaunt wealth earned through cryptocurrencies on social media. The main reason you implied is that people don't know who is watching them, and there is a risk that someone with malicious intent could attack them at home.

This has a valid basis. Although Bitcoin transactions are generally anonymous, traces of activity can remain visible on the blockchain. In situations where someone discloses their significant Bitcoin holdings or lavish lifestyle, they can attract the attention of people with bad intentions who may want to steal or harm them. In an increasingly digitally connected world, it is important to maintain personal privacy and security. Avoiding public display of Bitcoin ownership can be a wise move to protect individual wealth and safety.

[savetheFORUM]

I mean it's always a thing not to give your sensitive information online so you don't really want to do that on social media, there are a lot of recent cases of theif here in my country because people posted their location as if they are on a vacation people will know that there might be no one on their home that time. So just don't give everything on social media you just don't need to.

That's already a thing if you add posting something about Bitcoin or money I mean that's your fault since that is just way too risky, kidnapping, theft, etc. could easily happen if people wanted to take your Bitcoin. Even though your Bitcoin is secured online they could easily be forced do to a transaction maybe sending your Bitcoin to their wallet.

Just be anonymous as you can, I mean maybe yes if you could protect yourself or hire someone to do it like rich billionaire people.

This could be one of the reasons why people should keep their Bitcoins safe, like in a hardware wallet that should be stored somewhere that no one knows about or can have access to even if there are thieves or robbers who broke into your house, at least your Bitcoins will be safe from them. A lot of people make the mistake of keeping their assets in an exchange or in a wallet that they have on their mobile phone all the time, that can be dangerous for sure.

And I believe rich people should always have some kind of security both at their house and with them if they know they have a lot of money and it can be seen from their house, their cards, their belongings, etc. Your richness doesn't only show up when you post something online, people can see you and know you are rich and you can be in danger all the time.

[The Sceptical Chymist]

The world is turning into something else and safety is becoming what everyone wants more then money itself.

People are dying in the most tragic ways nowadays.

Ehhhh....no, it's pretty much always been this way.  And at certain points in history it's been much worse in terms of violence and desperation and/or greed.  I've read books from decades ago in which people were saying that society is going downhill, but in the grand scheme of things it really isn't.

Anyway, I hadn't heard of this case before.  Now that I have, I'm not sure if it convinces me of OP's statement about bitcoiners concealing their identities.  Some of the biggest BTC holders are well-known, and hopefully they have good personal security.  I would agree that if you have enough crypto worth stealing you really should keep the amount to yourself--but frankly I think most people do keep that a secret already.  I don't think I've ever come across a thread here where anyone has disclosed how much bitcoin they owned.  Guess it's a good practice in real life, too, because that's where thieves, kidnappers, and the like are going to learn enough about you to make you a target.

Lucky for me I'll never be such a target, as I'm perpetually poor.  Heh heh.

[Halime Anatolia]

Those who tend to remain silent and withhold their words will find it challenging to discover their own circle, as it is through these circles of friendship that individuals can further advance. We will always need friends who resonate with us at the same frequency to foster conversations that can evolve towards more advanced topics, including friends who share an interest in Bitcoin. It seems reasonable to discuss the potential of Bitcoin, but never upload the contents of your wallet anywhere. Even if you seek praise for such an accomplishment, it is utterly futile.

This is actually the implied message That I want to convey. The language that is polite and easy to digest from you. Thank you

[Mauser]

However, many have commented on John's death, the most talked about being that his identity was leaked to everyone and that he was possibly kidnapped for Bitcoin or some other ransom and any information or valuables were taken from him. However, all bitcoin holders should learn from this incident and remain anonymous in public and tread carefully.

I would always recommend to stay anonymous as much as possible, no matter if we own a lot of bitcoin or not. Being wealthy and telling strangers about it is a huge security risk that can lead to severe consequences. Knowing that you have a lot of money can turn friends into enemies and should be avoided as much as possible. The question I would always ask myself is what good does it do to tell someone how much money we own. Usually there isn't much advantages to be gained by promoting our wealth. Crypto currencies make the whole topic even more important due to anonymity of it. Once criminals get their hands on our coins there are not many ways to get them back. A credit card can quickly be canceled so that the criminals can't use it anymore, but once our coins are transferred out of our wallet we are doomed. It's fine to talk about crypto currencies publicly, just don't advertise your personal information and how much you own.