Silly and scary questions, and what would you do if that were you.

[Yatsan]

Practical answer is to let them have it and still be alive. Well, if you managed to gather a decent amount once, then you'd more likely be able to achieve it again. However, things won't work the way we would want it; imagine if the robbers has no plan of leaving you alive? For sure you would feel it by your own, therefore, in such instance I'd be fine just dying to lessen the casualty. You'd have a gut feeling of where you will be engaging yourself with.This is why it would be much better to just keep your mouth such from public audience. Posting and doing some flex on what you achieve is never a bad thing however be vigilant with your own actions for your own safety.

In the given scenario there are many possible outcome chances; it could be worse or just fine and that is for you to find out if ever you will be driving me and even with long period of time.

[1715011648]

1715011648

[1715011648]

1715011648

[Assface16678]

Well, I think the answer is very obvious. Of course, anyone would choose their life before anything; if someone would rather protect their money than their life, then they are insane. Yes,  it could be hurtful that your hard work to get those assets will be gone instantly, but the thing is, you will never be able to use them if you are dead. But the question is, if you are a wise investor, no matter how many assets you have or how much bitcoin you have, will you let others know that you have those assets? Even to your close relatives, even to your family? I know it may be impossible not to say it to your family because it's your family, but will you risk it? We trust them, yes, but if you know there is something unusual about your family, then you should not say all the things you have, even to your close friends. I personally keep the secret of my having crypto currency assets, even to my friends, family, and even my girlfriend. It's because there's nothing to be flexing about; I want to keep it low.

[Wexnident]

~

I mean, the way here in the first place is to avoid the initial premise of other people knowing that you have a sizeable amount of Bitcoin or heck, money in general. Unless you had some sizeable amount of confidence behind your security then I don't think there's a reason to share about it in the first place.

But considering it did happen, I'd give the money 100%. Nothing's more important than your life after all. If possible and I have enough proof I can even probably try to ask exchanges to mark the coins to be tainted/stolen, only if possible and hey, if lucky, get it back.

[batang_bitcoin]

There is no guarantee that the kidnappers will let you live after you give them your private keys. I don't know what must be done on that scenario because we didn't experienced it and we don't want to get into that situation. But maybe try to lie or what not just to get some opportunity to escape making them believe that you're going to give it to them but you've forgotten it somewhere you've put the keys or wallets or try to assess them if they are informed and knows something about wallets and recoveries.

[Casdinyard]

There was a recent thread about this case, looking at the answer, it's either you create a multisig wallet, extended passphrase, or just having more than one wallet.

But if someone getting kidnaped when he only have one wallet and the attacker know about that, well it's better to let your money go than your life.

Since you've create this thread, I guess there's no excuse anymore as you've know to overcome that.

I say the content you quoted here's a little bit of a stretch against what OP's trying to suppose but it's still good advice. Personally I'd say it's stupid of the kidnapped to be using a single wallet for all his bitcoins in the first place, When some of the average joes in here are not even comfortable saving their wealths of bitcoin in 2-3 wallets. But we're in here, we can't really get out of the rut unless we spit out the key phrases, and yet I think I'd keep my mouth shut about my passphrase and just let them have their way. 90% of kidnappers kill their victims anyway, so my chances of getting out of there alive is already slim. If I give them an advantage over my family I'm just gonna be dead and my family's gonna be left penniless lol.

I'd carry my passphrases to the death and would not tell a single soul except my future family about it. Heck I wouldn't even tell them about it until I know I'm gonna die cause they might just hasten the whole ordeal for me so they can get inheritance moolah which seems to happen a little more often than most of us think.

[New Money]

I have a silly question. Don't you need to write down the very long password or code for the wallet somewhere else? I don't think people can memorize it because it's incredibly long.

So, if you get kidnapped, you wouldn't be able to give it to the bad guys, right?

[retreat]

It should be safe if a bitcoin holders remains anonymous from the start and does not tell other people that he/she has Bitcoin in their wallet. Because in most cases of kidnapping of Bitcoin holders it starts when they tell other people about how much Bitcoin they have or when they flex what they hold.
Or Bitcoin holders can avoid traveling far away or to places with low security if they are a well-known person whose number of Bitcoins they hold is known to many people, and as often as possible uploads their activities on social media to inform many people regarding their activities. And if possible, bitcoin holders doesn't need to share their private key with other people, even if it's their siblings or parents, to reduce unwanted things.

[synchronym]

op this is only your friend told you in fact never happen to anyone like this. If you are kidnapped and want your bitcoins in exchange for kidnapping only those close to you who you inform about bitcoins will know about this information so your  One should not discuss Bitcoin with anyone. Especially the closest person of your family it may be your wife or children you can share only with the person whom you trust the most and also it is not right to share about Bitcoin with anyone else. Because bitcoin is very risky we have to keep bitcoin in a safe wallet so it is better not to tell anyone about that wallet. After listening to your words, I have been thinking for a while that if this really happens, Bitcoin for life, then maybe we will choose our life if such a situation does not happen to anyone. We should be very careful before sharing anything about Bitcoin with anyone.

[Kakmakr]

This is the weak point in any security system, namely "physical violence" and it applies to everything that has value.

You could have Gold coins or cash stashed away somewhere or simply a valueble item that someone wants.... bitcoins are no different than any of these things.

My solution : Split your hoard, so that you can give up, only a portion of your whole hoard and keep quite about your wealth.

[yazher]

Most people have given it away because this has already happened to lots of people after flexing the number of bitcoins they have on social media thinking that's OK and nothing to worry about being kidnapped and that's what exactly happened, hey were hunted, and forcibly taken their bitcoins and they gave it easily after some beatings because their lives are more valuable. That's why knowledge is important and you really need to know how to prevent yourself from getting the same fate by learning the way to hide your identity and also the amount of bitcoins you have in your crypto wallet.

[bobbybkk]

I would say:

Sort out your priorities

Life is always dangerous, every second of it. You can have an accident, stumble in the shower and break your neck, or get run over while trying to cross a street. Or maybe get a serious health issue and have pain for the rest of your life.

So your job is to find an individual approach to a risk level you are comfortable with. If you worry about the risk of a plane crash, maybe take the train instead, on the other hand if you enjoy freeclimbing , maybe it is worth the risk for you......

My priorities:

1) Stay alive - if you are dead the rest will not matter
2) Stay healthy - being sick and in pain is not my idea of a good life
3) Try to have some money to pay for nice things..... But money can be easily replaced, not so much with health.....

To sum it up:

Try to reduce unnessary risks as much as possible. If you encounter a risky situation try to achiebe the least worse outcome.

Back to Bitcoin, I think try to keep a low profile and protect your wallet.
If the above is not enough than just accept that you will maybe lose your bitcoins, but on the other hand at least you keep your life and your health and then be happy about this

[davis196]

I became worried and found it difficult to answer after my friend asked me scary and ridiculous questions about Bitcoin ownership.
he asked. If friends, new acquaintances, or other people find out that you have a sizable amount of Bitcoin, and you don't tell them. Then you are kidnapped with several people covering their faces, with the aim of getting your wallet address with the risk that if you don't give it you will be killed.
And another reason, you have given your wallet address to members you trust, such as family members or your wife and children.

And I want to know, what are you going to do.
Aren't you going to give the bad guy your wallet address, and you let him get killed. However, your Bitcoins remain safe because you have given your wallet address to someone you trust.
Or you will give it away because you still want to live, and you don't have any more Bitcoins.

And it was just a casual conversation with a friend of mine who both owns Bitcoin, and I was just wondering what other people's answers to this dreaded question made me want to create a thread.

I don't agree with the people, who just say "give them your BTC, your life is much more important". OK, but what if they get your BTC and kill you afterwards? Never give anything to your kidnappers, you are valuable to them as long as you have BTC. The moment you give them the BTC, you become a burden and they will try to get rid of you.
The same situation applies when you have cash or gold and you get kidnapped, I don't know why everyone thinks that owning BTC changes anything. BTC transactions can be tracked and the police can find the kidnappers.

[OGsmall]

on that scenario because we didn't experienced it and we don't want to get into that situation. But maybe try to lie or what not just to get some opportunity to escape making them believe that you're going to give it to them but you've forgotten it somewhere you've put the keys or wallets or try to assess them if they are informed and knows something about wallets and recoveries.

OP telling you the truth there is no way those kidnappers are going to let live without telling them were you hide your bitcoins.
But OP firstly how did they no you are a bitcoin holder cause it will be to hard for people to find what you are into bitcoin or maybe you did tell a close friend about it and fame you all cause no body is to be trusted you never can tell who the person will be..
So back to your story if I was in shoes I will just give them what they want cause if there is life there is still hope as for me maybe that what I will do in that situation.

[Silberman]

I became worried and found it difficult to answer after my friend asked me scary and ridiculous questions about Bitcoin ownership.
he asked. If friends, new acquaintances, or other people find out that you have a sizable amount of Bitcoin, and you don't tell them. Then you are kidnapped with several people covering their faces, with the aim of getting your wallet address with the risk that if you don't give it you will be killed.
And another reason, you have given your wallet address to members you trust, such as family members or your wife and children.

And I want to know, what are you going to do.
Aren't you going to give the bad guy your wallet address, and you let him get killed. However, your Bitcoins remain safe because you have given your wallet address to someone you trust.
Or you will give it away because you still want to live, and you don't have any more Bitcoins.

And it was just a casual conversation with a friend of mine who both owns Bitcoin, and I was just wondering what other people's answers to this dreaded question made me want to create a thread.

Prevention is always the best when it comes to those hypothetical scenarios, if you have an amount of money which is high enough for you to be worried about being kidnapped, and in the country where you live this is a real danger, you need to take steps to make sure this does not happen to you, and this will probably mean storing your seed words in a place different than your house, this way you can reduce to zero the chances of any of your friends or family members finding out about your bitcoin holdings which could put your life at risk.

[EluguHcman]

And it was just a casual conversation with a friend of mine who both owns Bitcoin, and I was just wondering what other people's answers to this dreaded question made me want to create a thread.

First I must tell you that Bitcoin is a Treasury investment that is proefficiently attractive as gold which could whisper betraying, greeds and selfish interests amongst individuals that are interactive or related in a circle in this Bitcoin industry.

@ OP, I can tell you not to trust anyone in this Bitcoin journey not even a Bitcoin colleague as you may say.
Sometimes some persons intellectually grosses around you with a friendly mode but on a diverse motive in disguise surveying to decode possibilities to take advantages of you if possible.

In this Bitcoin space, there are full of envies and traitors so, be sensitive in responding and relating with such persons.
However, your life is more important that the treasures you have accumulated or all that proefficient accountabilities you have laboured in this World that count be compared to your life.

Let go the treasures for your life to stay because there is hope for recovery.

[0t3p0t]

if those people spied on you for a month on social media and learned things about you, where you live, your wife and daughter this is more complicated.

That is why we as Bitcoiners most specially those who owns thousands or even millions worth of Bitcoin I think the need to invest in security will also makes any sense. Go get a license to own and posses firearms because we all know that when something happens, authorities when called will arrive from 10-20 minutes or more right after a crime was committed so I think we also take that into consideration.

it's best to be anon on social media so no one will ever see your posts and keep the BTC secret from the public.

This for me a very effective way to stay away from the prying eyes or else we'll become a primary target or prey.

[bobbybkk]

That is why we as Bitcoiners most specially those who owns thousands or even millions worth of Bitcoin I think the need to invest in security will also makes any sense. Go get a license to own and posses firearms because we all know that when something happens, authorities when called will arrive from 10-20 minutes or more right after a crime was committed so I think we also take that into consideration.

If you look at firearms make sure you get proper training how to use them and practice regularly.  You don't want to get killed by your own gun or maybe kill a todler next door, just because the bullet went through several walls..... and you had no idea how powerful a bullet can be....

[KiaKia]

Don't dream about it, before this ever happens you need to prevent it.

You must be cautious about exposing your involvement with crypto, I always feel unsafe around people when I do something costly that they aren't able to do, because honestly apart from getting kidnapped, jealousy is real.

Put your head down if you are living in a country where security isn't that great, don't let anyone know how rich you are and stay away from jealous friends.

I have get used to pretending like I don't have anything, my mode of dressing is just casual, not costly thing on me at all, even if you can afford it doesn't mean it's safe to do so.

[batang_bitcoin]

on that scenario because we didn't experienced it and we don't want to get into that situation. But maybe try to lie or what not just to get some opportunity to escape making them believe that you're going to give it to them but you've forgotten it somewhere you've put the keys or wallets or try to assess them if they are informed and knows something about wallets and recoveries.

OP telling you the truth there is no way those kidnappers are going to let live without telling them were you hide your bitcoins.
But OP firstly how did they no you are a bitcoin holder cause it will be to hard for people to find what you are into bitcoin or maybe you did tell a close friend about it and fame you all cause no body is to be trusted you never can tell who the person will be..
So back to your story if I was in shoes I will just give them what they want cause if there is life there is still hope as for me maybe that what I will do in that situation.

There are ways that these people will know that you are a bitcoin holder. If you're someone that keeps on posting some charts or anything related to cryptocurrencies on your social media, then that's the best way that they'll know if someone is into this market and are an investor.
That's the reason if you're posting related to crypto on your social media accounts, it's best to just remain lowkey and keep them private because it's a financial matter that you should keep private.

[MJSO22]

on that scenario because we didn't experienced it and we don't want to get into that situation. But maybe try to lie or what not just to get some opportunity to escape making them believe that you're going to give it to them but you've forgotten it somewhere you've put the keys or wallets or try to assess them if they are informed and knows something about wallets and recoveries.

OP telling you the truth there is no way those kidnappers are going to let live without telling them were you hide your bitcoins.
But OP firstly how did they no you are a bitcoin holder cause it will be to hard for people to find what you are into bitcoin or maybe you did tell a close friend about it and fame you all cause no body is to be trusted you never can tell who the person will be..
So back to your story if I was in shoes I will just give them what they want cause if there is life there is still hope as for me maybe that what I will do in that situation.

There are ways that these people will know that you are a bitcoin holder. If you're someone that keeps on posting some charts or anything related to cryptocurrencies on your social media, then that's the best way that they'll know if someone is into this market and are an investor.
That's the reason if you're posting related to crypto on your social media accounts, it's best to just remain lowkey and keep them private because it's a financial matter that you should keep private.

Of course the investments should be kept hidden.  Because if you are an investor who knows it, then you can be attacked in different ways.  Can be logically or logically attacked.  Only people close to you can harm you at times. If you have a large amount of bitcoin holdings.  Then you can be kidnapped.  And your wallet can get hacked.