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Author Topic: A matter of family conflict regarding Bitcoin.  (Read 1236 times)
bayu7adi
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September 20, 2023, 12:34:51 PM
 #21

Those who are knowledgeable will discern the true culprits, and those who are wise will sift through the FUD peddled by the media. Remember that bad news often sells well in the media, and some audiences accept it as a misguided reality.

Marital discussions concerning finances should ideally be approached with thoughtfulness and without undue pressure. Ultimately, nothing is more precious than the lives of the ones we hold dear.
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September 20, 2023, 12:49:01 PM
 #22

It's not Bitcoin that's the problem; it's human nature and our inherent vulnerabilities. Bitcoin, like any investment tool, is just that – a tool. Do we blame the stock market when investments go sour? Do we point fingers at real estate when property prices plummet? No! The issue lies in individuals not taking the time to educate themselves about the risks.

For anyone reading this: If you're getting into the world of Bitcoin or any investment without proper knowledge, you're setting yourself up for potential disaster. There's no "get rich quick" scheme here. And honestly, to attribute personal failures and horrifying incidents like the one described to Bitcoin is a gross oversimplification. Knowledge is everything. Don't dive into these waters unprepared, and certainly don't let your emotions cloud rational judgement.

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September 20, 2023, 01:20:05 PM
 #23

Don't say it is all because of Bitcoin. Bitcoin is only one of many investment assets that can be chosen by investors. There are more stories like this with stock, real estates, gold investors. There are more stories of family conflicts from traders on Forex with overkill leverages.

By writing those stories, that can be true or fiction, people only want to attack Bitcoin. They make Bitcoin is like a very risky investment choice and can destroy family happiness. In fact, happy or not, it depends on how that family works and how family members interact with each other, take care of each other as well as how they reach to consensus for family investment.

Whatever investment asset is, if a husband or a wife arbitrarily steal family money to invest, it will cause serious conflict.

All mistakes are caused by human behavior, but selfish people will never accept that they are wrong and find ways to blame anything they can think of. Bitcoin, forex, stocks...all are just tools for us to make money, we voluntarily participate in the market, no one or any asset can force us, it all just comes from human greed.

I still remember reading an article a few months ago, a Chinese worker jumped into a steel furnace while working and the reason was said to be that he had participated in the stock market and lost all his assets. So whose fault is it? Only stubborn and stupid people blame the stock market.

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September 20, 2023, 01:48:31 PM
 #24

The problem is not with Bitcoin, but with individuals who are not ready for everything related to Bitcoin. Bitcoin is open to everyone, allowing anyone to trade and invest in it, but not everyone can make a profit from Bitcoin. Obviously this is not Bitcoin fault, the main point lies in the individual awareness and patience when the price is not commensurate with the value of the asset when investing.
The dispute that occurred in the story you quoted teaches us to be more mature and think positively about all the risks that can arise from every investment. If you are not ready to take risks, don't ever enter the world of investment.

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September 20, 2023, 01:56:41 PM
 #25

It seems that the person has no knowledge about Bitcoin and also studied the risks, and such incidents actually happen a lot due to not being able to control emotions and accept reality. And not only in Bitcoin assets or investments, like other investments, if you make a mistake and experience a loss then the household will have problems because one party does not accept it, causing arguments. And if one of the parties is unable to control their emotions, which are actually only momentary emotions, it will lead to heated arguments that lead to violence, divorce, even as in the case mentioned by the OP. And fortunately his wife was still alive, and after that incident all that was left was the regret that he really regretted.
So in this case only intelligent people can judge that it is not Bitcoin's fault, but rather the stupidity and carelessness of its users. And for ordinary people, maybe they will consider Bitcoin negatively, because they only judge and know about it because of Bitcoin, not because of its stupid users.

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September 20, 2023, 02:12:55 PM
 #26


Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

When I was start investing in btc the first lesson I learned was to invest only extra money you could afford to lose. I have never heard so far that investing in any coins will give you guaranteed profit. The problem with the husband why he first not learned properly about btc investment and the second mistake that he used money for investment he or his wife couldn't not afford to lose.

Many news of this kind happen before and the reason was something else like many people bet on cricket and lost then we will say that cricket is wrong and similarly if this story happened in stock market/lost in business then no one would say that business is wrong.

Btc is investment assets and every investment assets has probability of profit and loss. One should learn properly then properly manage fund to start with btc. So far 95% users make profit and only 5% story are out negative so we should not be worry about it

I have one question here, we know that one will not lose single cent until sell. This person invested in future?

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September 20, 2023, 02:25:12 PM
 #27

Honestly, why should Bitcoin be blamed? We are responsible for every decision and action that we make no matter what the results are. In this case, the abuse happened not because of Bitcoin but because of what had happened wherein Bitcoin was just involved as a factor. To make it simple, the incident will still occur whether or not it will be a different investment for as long as the money was lost and emotions took over. Therefore, this story is just another case of news platforms or the media incorporating Bitcoin into bad incidents and stories to paint a negative image and reputation for Bitcoin. If you actually think about it, even if it is not Bitcoin and just an ordinary investment (say gold or stocks) the incident will still occur for as long as the same decisions and actions are conducted. nbvbvmn m nn

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September 20, 2023, 02:39:17 PM
 #28

Well the husband is just deciding too poorly with his money. I wouldn't even invest if I was like in need of money at that point. 700k baht is like a million in here and that ain't a joke for a losses ya know.

Domestic violence is entirely just a holy crap scenario. Disagreements is just normal for couples, but physical stuff is just a hell no. I feel bad for the wife's family. That guy really needs help if you would ask me. Bitcoin is out of this topic. It could still happen even if it was just normal investment involving fiat currency.

The problem is not with Bitcoin, but with individuals who are not ready for everything related to Bitcoin. Bitcoin is open to everyone, allowing anyone to trade and invest in it, but not everyone can make a profit from Bitcoin. Obviously this is not Bitcoin fault, the main point lies in the individual awareness and patience when the price is not commensurate with the value of the asset when investing.
The dispute that occurred in the story you quoted teaches us to be more mature and think positively about all the risks that can arise from every investment. If you are not ready to take risks, don't ever enter the world of investment.
Yeah this is entirely true. Not everyone is just up for the volatility of Bitcoin. It can be accessed by anyone, but the problem is that people think that it is just way too easy.
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September 20, 2023, 03:38:12 PM
 #29

I feel like this story is written on the website in a very insensitive way. It's all about the guy, and oh how stressed he was, and how worried that he might kill himself if his wife died. But he isn't the victim in this situation. He's clearly an abuser, a controlling guy who still didn't come to terms with his wife leaving him, and who got so angry that he almost killed her. She, a victim of violence, and protecting her should be at the center. He is a criminal.
Financial loss, whether it's Bitcoin or something else, can be a serious reason for disagreement in the family, but it should not lead to violence, for violence is simply unacceptable in a relationship.

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September 20, 2023, 05:33:23 PM
 #30

Because of incidents like that, there will be those people who will blame bitcoin for it since it's the possible root cause of the quarrel of the couple. This isn't the first time that we've seen quarrels like this and it's not just with couples but also with people that know each other in real life.
And stories like this are not different from the usual stories that we see from those couples that are fighting over money or have financial problems or even last will testament. As long as there's money relation to an incident like this, people will think of something bad about bitcoin because it's the one that's associated but if there's no bitcoin on it and it's just the typical cash that's being fighted for, you won't hear them say that it's because of money and blame that for it.

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September 20, 2023, 07:34:39 PM
 #31

It is funny how media use the name of Bitcoin just to get views from the people even though it has nothing to do with the crime.  As I read the article, it is not about the Bitcoin investment that led to shooting but the jealousy of the husband, thinking that his wife is cheating on him reason why the wife wanted separation.

It is not Bitcoin's fault that the man losses money, it is his impatience to sell at a lost or probably the guy got scammed of his money by entering a get rich quick scheme offered by a scam company. 
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September 20, 2023, 08:13:16 PM
 #32

Bitcoin is just a tool, it will always be the people who irresponsibly investing in bitcoin that will have to be blame whatever crime they are facing. Just like what we mostly heard about money that it’s the root of the evil, but in reality it’s the greedy people that want to take advantage on money are the ones pushing themselves to do devilish things. However, I always believe that when it comes to bitcoin, not everyone is capable to make it work. It takes a wise man to successfully invest in it and ends without regretting.

R


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September 20, 2023, 08:19:42 PM
 #33

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.
Exactly, there are already lots of news about domestic disturbance very similar to this case here that have nothing to do with bitcoin. We are going to see a lot more due to the increased economic hardship around the world too. But when bitcoin is involved the propaganda machines start getting active and choose it to spread FUD trying to slow down the adoption which they are too afraid of.
Probably because bitcoin is not liked by the government in the first place that’s why whatever FUD they can attach to bitcoin, surely it will be a hype. But only bitcoin enthusiasts are capable to understand bitcoin well. Family conflict with bitcoin is actually possible, but it’s not bitcoin that should be blamed, but the people who have no controlled of their emotions that makes the conflict rise.

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September 20, 2023, 08:38:09 PM
 #34

Problem are bound to happen in the family and also other aspect of the world but I don't see any reason for this to be blame on Bitcoin. I mean there are so many cases of husband actually beating up his wife due to financial reasons relate to fiat but that's doesn't mean fiat should be blamed. My take on this is just because if the low and lack of understanding to what the husband was actually getting himself involved in that caused him the loss of his coins.

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September 20, 2023, 09:02:41 PM
 #35

The media will want to use this story to make bitcoin look bad. The headline is misleading, Bitcoin blowup??
What I find in this story is a troubled husband who thinks his wife is unfaithful and is paranoid about it. These characteristics are not those of a successful trader, it’s no wonder that he lost so much money in bitcoin investments. The husband cannot blame his actions on bitcoin, maybe his lawyer can attempt to convince the court that his client suffered from a mental breakdown and ask for a reduced sentence but still that wouldn’t explain why and how he got a gun.

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September 20, 2023, 09:35:29 PM
 #36

The important point from this incident is not to be too all in on bitcoin especially if we have a family to think about then invest as much as we can and don't be too pushy.
Even though being in bitcoin is pretty good but in this case we also have to realize that there are other needs so use some of our money to invest because "this is an investment not gambling" so we must be aware of the risks we have to take and this is not a case where we save today and will benefit tomorrow.
On the other hand, if indeed our family knows it would be better if we discuss in advance what we want to do so that we avoid situations like this because seeing from the beginning the dispute occurred in this article starting from the loss of Bitcoin investment of 700,000 baht by Kritsada (perpetrator).

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September 20, 2023, 09:42:08 PM
 #37

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.
For people who already understand Bitcoin, they certainly won't blame Bitcoin for this reason. However, for those who don't understand the truth, this is very possible if they think that Bitcoin is very dangerous, all crimes are committed as a result of Bitcoin.
In my country there was also an almost identical case, namely where a student at the most famous campus in this country killed his younger generation on campus because he was in debt due to loans and because his previous investment in crypto had suffered huge losses. Fund what happened? People are increasingly talking about the dangers of Bitcoin, even though what made him commit murder was because he couldn't stand the bills from the online loan.

So from this we can conclude that this crime occurred because the person was not mentally prepared to deal with the problems that happened to him. And he is also not prepared for the various risks he might face. So I just imagined how delicious it would be without being prepared for the risks. So this happened. Even though people like this are faced with cases other than Bitcoin, they will definitely have the same temperament. So, don't blame Bitcoin, but blame the individuals who can't control their emotions wisely.

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September 20, 2023, 09:57:48 PM
 #38

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.
But why do we blame Bitcoin in this story or in other similar stories? I do not think that Bitcoin has a direct relationship to family conflicts, unless the narrator of the story wants to distort Bitcoin by relying on social ethics, which, in my opinion, is an immoral position in itself.
On the other hand, there are many similar stories about domestic violence or severe disputes between members of the same family. If it is a dispute over the division of the inheritance, for example, is it permissible to blame the inheritance in this case? The way the story is presented is what indicates the accusation towards the party whom the narrator wants to accuse, without any logical analysis.
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September 20, 2023, 10:38:10 PM
 #39

Tell me honestly, guys, what is the treaty for this issue with Bitcoin? It is the same as if someone is given a knife and kills someone with it and later says that he did not kill him, but the knife did it. Understand that this matter is the same; it means nothing else; it is just a defamation of Bitcoin compared to fiat currency. Bitcoin is only a medium of investment; it cannot be blamed. If it is seen, this person blamed his own mistake on others and committed murder out of guilt. Cryptospace is not a game; you will only win it. And no one connects his emotions with it. Rather, only smart thinking and knowledge work in the field of cryptocurrency. The cryptocurrency market doesn't look at Kisi's emotions, so let's go, man. This guy has invested his entire portfolio; I will give this person a little less loss. So, sorry friend, remove this misunderstanding from your mind; it doesn't work here; only your knowledge and experience can give you profit; otherwise, cryptocurrency is not your life code.

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September 20, 2023, 10:55:07 PM
 #40

Another classic episode of the media actively trying to throw Bitcoin in a bad light by making it seem like Bitcoin is the cause of the issues the man had with his wife when it's obvious that the man made a bad investment decision based on timing.  I'm definitely sure that the man made those purchases during a high without making an informed decision on the purchase.

Also, The article frequently referenced the husband going to his "wife's house" when they're married to each other? Sounds dysfunctional to me and unrelated to Bitcoin itself.

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