You can get killed for holding Bitcoin, take your privacy 🔏 very serious

[Solokan]

This isn’t just about Bitcoin. Anyone who owns assets of any kind needs to keep their mouth shut a bit and learn not to talk about it everywhere. I’m sure there are countless examples of people being killed or kidnapped because they constantly talked about their money.

Even most people who become rich overnight lose their money because of this. When they win the lottery or suddenly become wealthy in some other way, they spread the word to everyone they know, and suddenly everyone is swarming around them. They keep doing this because they enjoy the attention, but in the end, they either suffer losses at the hands of someone who wants their money, or they end up wasting it all.

It's true that talking about other assets isn't just about BTC. It's certainly not a good idea to share it with others, especially if you flaunt your wealth. This is certainly very dangerous. However, some people are always happy and proud to talk about their wealth or own assets like BTC and so on. However, not all honest people like to see others progress or acquire assets. In this case, we must prioritize security over becoming victims of bad actors.

There are many examples of wealthy people who, by publicly sharing their wealth and valuable assets, end up experiencing grief due to being robbed, which can result in the loss of money and assets, even life. So, the bottom line is that we must do our best to protect our money and assets. Hopefully, there will be no more victims, as accumulating wealth and BTC is not easy.

[ejikeme24]

How dumb and heartless can criminals and scammers truly be because after killing the owners of the wallet, how then do they expect to get access to the wallet? Is that not stupidity in the highest form?

I was actually thinking the same, because after killing them I don't think if they will still have access to those wallets unless they have already taken the seed phrase before they killed them. If not that they can't gain access to their wallets, and yeah it's a stupidity in the highest order.

Privacy and security discussions can't be overemphasized because there are always an arising reason to be cautious not just online but also offline and that is why I don't even blame most of these guys that hire personal security for their  daily activities because the world is growing very evil everyday and our safety and security shouldn't be compromised for no singular reason

For sure, I see reasons why we need to discuss more about privacy because the rate at which people are being scam nowadays is so alarming and I'm beginning to feel that they were not taught about privacy because if they had know the importance of privacy, definitely they wouldn't have shared any of their assets or documents in the media or give out their KYC details to malicious sites.

[bakasabo]

How dumb and heartless can criminals and scammers truly be because after killing the owners of the wallet, how then do they expect to get access to the wallet? Is that not stupidity in the highest form?

I was actually thinking the same, because after killing them I don't think if they will still have access to those wallets unless they have already taken the seed phrase before they killed them. If not that they can't gain access to their wallets, and yeah it's a stupidity in the highest order.

I think this is not stupidity, but those criminals were not familiar with bitcoin. They are kind of people who have heard that bitcoin is expensive, they think that if victim has bitcoin, then victim obligatory has 1 BTC, when victim could be having 0.01 BTC or 0.0000001 BTC. Those criminal minds work very simple, Bitcoin = expensive, victim with Bitcoin = rich. They most likely even did not know that Bitcoin that victim had was something not physical. Or they could have killed their victim, because they have failed to get keys, passwords or whenever victim held his BTC. Fed up torturing their victim; could not let him free; only option was killing. Nevertheless, kidnapping someone who has or had cryptocurrency became one of the top cryptocurrency crimes.

[Localhostspeed]

I think this is not stupidity, but those criminals were not familiar with bitcoin. They are kind of people who have heard that bitcoin is expensive, they think that if victim has bitcoin, then victim obligatory has 1 BTC, when victim could be having 0.01 BTC or 0.0000001 BTC. Those criminal minds work very simple, Bitcoin = expensive, victim with Bitcoin = rich. They most likely even did not know that Bitcoin that victim had was something not physical. Or they could have killed their victim, because they have failed to get keys, passwords or whenever victim held his BTC. Fed up torturing their victim; could not let him free; only option was killing. Nevertheless, kidnapping someone who has or had cryptocurrency became one of the top cryptocurrency crimes.

I don't think that knowing about Bitcoin can make such person a good person. You can never know much about people until you are close to them. A person can know about Bitcoin very well and still be a bad person. A person can be bad person and may not know about Bitcoin and vice versa. The thing about robbery is that people that involved in it have intention to kill because they know that no matter how small thing they steal from people, if they are caught, they can get killed.

Last week here, some people hack liquid network and stole 4000 Bitcoin, they claimed to be white heart hackers and have returned 3400 and kept 600, they don't want to return the rest. I don't care what anybody will say but that's day light robbery. They claimed they help protect the network which is a good thing but to keep 400 Bitcoin is much. I don't think the company will be able to survive such, yet they say they have good intentions.

[Brizi5000]

This is nothing new, we have heard stories of this before. I'm just disappointed in those people who have refused to stop posting about their Bitcoin investment after learning how people have been killed simply because they were suspected of having a large amount of money in Bitcoin.  As for me, nobody in my family knows that I'm holding bitcoin, I decided to hide my Bitcoin investment from them for security reasons.  Trusting anyone, even a family member is at your own risk, and it's no longer news that family members now betray one another for their own selfish interests.

Personally I believe in the privacy of bitcoin to provide me the security I would want for my finances and This is a very serious case and I’m beginning to wonder what then will happen to your assets if probably something happens to you in the future since none of your family members , not even your wife or kid are aware you have such bitcoin in your possession. Do you prefer to lose everything in such circumstances or rather make it more easier for your family members to recover your bitcoin holdings.

[Asuspawer09]

If a centralized platform like an exchange leaks your information, for example, if you do a KYC on that platform, I mean, I do some of the KYC on exchanges because it was just needed, and it was probably one of the convenience way to withdraw my funds if I wanted to since the P2P is usually the best way to do it, so I have no choice, also to buy Bitcoin if you are going to buy at some marketplace and then after that you can send it to your main wallet, then that comes the privacy issue again.

I mean holding a huge amount might be a huge problem I guess since you need to protect yourself from anything or wrench attack, whatever wallet security it is, it's obviously going to mean nothing since anyone can forced you do send your wallet to anyone, you security might be useless, hiring a bodyguard or living on a safe place might just be the way since your holding huge amount of money it's natural to have some security even though you are not some kind of famous person atleast.

[RockBell]

This is nothing new, we have heard stories of this before. I'm just disappointed in those people who have refused to stop posting about their Bitcoin investment after learning how people have been killed simply because they were suspected of having a large amount of money in Bitcoin.  As for me, nobody in my family knows that I'm holding bitcoin, I decided to hide my Bitcoin investment from them for security reasons.  Trusting anyone, even a family member is at your own risk, and it's no longer news that family members now betray one another for their own selfish interests.

Personally I believe in the privacy of bitcoin to provide me the security I would want for my finances and This is a very serious case and I’m beginning to wonder what then will happen to your assets if probably something happens to you in the future since none of your family members , not even your wife or kid are aware you have such bitcoin in your possession. Do you prefer to lose everything in such circumstances or rather make it more easier for your family members to recover your bitcoin holdings.

At the very least, be aware of who you tell about your holdings so that, in the event of an invasion, your assets won't just be lying around. It will also be better for us to understand how important privacy is when holding Bitcoin because, in this day and age, people will do anything for money simply because they need it badly. As a result, everyone who owns Bitcoin needs to take their safety seriously, which is why Bitcoin talks about privacy. And am sure there people that you are safe with that you can tell them about your holdings and which ever as far someone will have access and your Bitcoin won't go to waste is a good one.

[Sonia_123]

It is now left for those that does not want to listen to anybody advice, they say experience is the best teacher, they will learn their lessons in a hard way and through mistakes from the exchange without being able to refund their losses .

Saving your funds on an exchange left you with a high risk of losing your funds at any point in time. Living a private life remains the best that nobody knows your asset or what you are worth in other to attack you, it does not draw attention and be careful of the things you buy and where pyou go for shopping and other of your activities.

[Issa56]

How dumb and heartless can criminals and scammers truly be because after killing the owners of the wallet, how then do they expect to get access to the wallet? Is that not stupidity in the highest form?

Do you think they are dump or stupid? Do you think they just going to kill the owner of the wallet without getting access to the wallet? I don’t think so, because if they can do that, then they are not after the money, and they have another motive for killing the person. Before they will kill the owner of the wallet, am sure they will have tortured the owner, and they will have gotten the informations which they need. People are just so heartless right now, they are ready to do anything just for the sake of money.

The best thing is just for us to stop making everything about us pubic, your investment should be private, and even some people close to us are not suppose to know about our investment. People are ready to hurt you, just because they just want to be rich, that’s why we have to be careful also.

[o48o]

I am pretty sure that you can get killed over owning millions of dollars worth anything, especially in a countries that have most violent areas by homicide rate. Like Mexico.

I have said in the past that you shouldn't tell anyone that you are into bitcoin or cryptos, because you never know how much they are worth in the future.
But i honestly doubt that you are in immediate danger since criminals who want bitcoin want to focus their attention towards people who actually own millions of it.

[HelliumZ]

This is very sad. Even though we try to maintain our privacy, it is not possible because those of us who trade P3p on exchanges mainly use our mobile phones or bank accounts to trade, our privacy is not maintained.
The way Bitcoin is growing in popularity, not only will Bitcoin holders not be able to move freely in the future because if someone identifies them and targets them, they will be in serious danger and at risk of being kidnapped.
The more popular Bitcoin becomes, the more the holders will be at risk of being in danger and it will also become very, very difficult to maintain their privacy. The matter is actually very worrying.

[SPIDERMAN008]

This is nothing new, we have heard stories of this before. I'm just disappointed in those people who have refused to stop posting about their Bitcoin investment after learning how people have been killed simply because they were suspected of having a large amount of money in Bitcoin.  As for me, nobody in my family knows that I'm holding bitcoin, I decided to hide my Bitcoin investment from them for security reasons.  Trusting anyone, even a family member is at your own risk, and it's no longer news that family members now betray one another for their own selfish interests.

Personally I believe in the privacy of bitcoin to provide me the security I would want for my finances and This is a very serious case and I’m beginning to wonder what then will happen to your assets if probably something happens to you in the future since none of your family members , not even your wife or kid are aware you have such bitcoin in your possession. Do you prefer to lose everything in such circumstances or rather make it more easier for your family members to recover your bitcoin holdings.

This is a matter of concern. Because no one knows about sudden accident then bitcoin holding will be inactive forever . So I think that there must be one person in the family who is trustworthy, who you can at least share this matter with . Because ultimately, people hold Bitcoin for their own and their family financial security.

In families where there are many members together, there is no rule that all the members have to be informed. The owner of the Bitcoin, whoever he personally considers trustworthy, maybe his wife or child who is mature enough, can tell him about the Bitcoin holding. If that trustworthy person may know about bitcoin holding , he will not get access to the wallet. it is advisable to provide some guidance the location of the seed phrase , so that if the Bitcoin owner suddenly dies, his family can get its benefits.

When a person sacrifices and keeps the needs of his family members unfulfilled for creates assets like bitcoin for a long time, the purpose of it must be so that the family members can get the benefits in the future. And a child or wife has enough right to get his father or hubby's property. So it would not be right to not inform anyone at all. It should be shared with a trusted family member.

[YOSHIE]

You can get killed for holding Bitcoin, take your privacy 🔏 very serious

Of course your statement is correct, nowadays robberies and thefts no longer occur on the roads or in banks where large sums of money are stored, the virtual/online world is also not free from criminal acts, what's more, we all know the price of Bitcoin is fantastic, just one Bitcoin is enough for robbery and theft to survive, so it is very natural that we really guard and hide our Bitcoin identity publicly and also maintain privacy about the Bitcoin assets we own.

My advice is simple to protect and safeguard the Bitcoin assets we have from unwanted things, use a special email, unique password, don't show off the Bitcoin assets we have and most importantly use a hardware wallet, so that we don't become targets for robbery, extortion, or even physical violence, no matter how strong the digital security system we hide, when physical violence occurs in the real world, everything will be exposed.

[Jostern]

I am pretty sure that you can get killed over owning millions of dollars worth anything, especially in a countries that have most violent areas by homicide rate. Like Mexico.

I have said in the past that you shouldn't tell anyone that you are into bitcoin or cryptos, because you never know how much they are worth in the future.
But i honestly doubt that you are in immediate danger since criminals who want bitcoin want to focus their attention towards people who actually own millions of it.

Just being rich you’re a target for people who wants to steal from you, let’s assume someone is rich, there are criminals who wants to steal from you no matter the part of the world you come from, which is why most people who are rich have security, so if you own millions of dollars and you’re wealthy you need to provide adequate security for yourself else you’re gone.

However in the aspect of bitcoin you need to keep it private because you don’t have to trust anyone, privacy is something we should be taking seriously as we’re investing in bitcoin, you have to be careful who you tell that you have bitcoins in your possession, and where you also discuss about bitcoin with your friends.

There was a day I went to the bank to do some transactions, I was sitting with some young guys, who was discussing about bitcoin with his friends, he was bragging with his friends telling them how much bitcoin is in his possession, I was quite surprised, which I think it was totally wrong, and he showed them his wallets for evidence, that was a very wrong move because they don’t know if there is a criminal sitting there who can attack them to rob them of their bitcoin, because you don’t know people’s true mindset sometimes, we just have to be careful out there with how we flaunt wealth and our assets.

[Obari]

How dumb and heartless can criminals and scammers truly be because after killing the owners of the wallet, how then do they expect to get access to the wallet? Is that not stupidity in the highest form?

I was actually thinking the same, because after killing them I don't think if they will still have access to those wallets unless they have already taken the seed phrase before they killed them. If not that they can't gain access to their wallets, and yeah it's a stupidity in the highest order.

I think this is not stupidity, but those criminals were not familiar with bitcoin. They are kind of people who have heard that bitcoin is expensive, they think that if victim has bitcoin, then victim obligatory has 1 BTC, when victim could be having 0.01 BTC or 0.0000001 BTC. Those criminal minds work very simple, Bitcoin = expensive, victim with Bitcoin = rich. They most likely even did not know that Bitcoin that victim had was something not physical. Or they could have killed their victim, because they have failed to get keys, passwords or whenever victim held his BTC. Fed up torturing their victim; could not let him free; only option was killing. Nevertheless, kidnapping someone who has or had cryptocurrency became one of the top cryptocurrency crimes.

I had to look from your perspective and yes you made a lot of sense there.
I would agree with you that, those criminals maybe didn't understand how bitcoin truly works and there idea is that, anyone who has bitcoin is rich regardless of how much bitcoin the person might be holding and maybe they also thought it was something they can just easily get access to but the reverse was the case and killed the victims along the line because I don't want to believe that the victims had to argue with a criminal who had a weapon.

[Just Say]

I don't think that knowing about Bitcoin can make such person a good person. You can never know much about people until you are close to them. A person can know about Bitcoin very well and still be a bad person. A person can be bad person and may not know about Bitcoin and vice versa. The thing about robbery is that people that involved in it have intention to kill because they know that no matter how small thing they steal from people, if they are caught, they can get killed.

Last week here, some people hack liquid network and stole 4000 Bitcoin, they claimed to be white heart hackers and have returned 3400 and kept 600, they don't want to return the rest. I don't care what anybody will say but that's day light robbery. They claimed they help protect the network which is a good thing but to keep 400 Bitcoin is much. I don't think the company will be able to survive such, yet they say they have good intentions.

Bitcoin holding should be number one in terms of privacy as we have noticed that Bitcoin holders are being robbed these days for the slightest information leak. Therefore, anyone who owns Bitcoin should not discuss their Bitcoin holdings in public to be honest everyone probably knows this Hackers find every possible vulnerability on the internet and th they attack homes to get hold of those crypto assets. It is true that the Liquid hackers have returned about 3400 Bitcoins out of the 4000 Bitcoins they stole through the Elements bug but they still have 598.49 Bitcoins.

Also a few days ago I noticed another thing that a Singaporean man has confessed to a huge crypto heist in the US Melon Lam along with his frids stole about $245 million worth of bitcoins, at this stage we all should understand that sensitive information about bitcoin holdings should not be shared with anyone.

[ImGenius]

How dumb and heartless can criminals and scammers truly be because after killing the owners of the wallet, how then do they expect to get access to the wallet? Is that not stupidity in the highest form?

Since they killed someone but could not take anything we can say they are kind of stupid. They did not do any planning they just killed a person based on their guess. How many such incidents happen in the world. With Bitcoin most of these are not made public. There are many incidents where the police cannot even catch them. Only the ones that fail become public. Because a small number of such incidents become public we may think that these kinds of incidents happen very rarely but this is actually wrong. We should always be careful and make sure that we never show our address or crypto balance to anyone.

[Sulegzy39]

Additionally, we all seem like wealth is easy to conceal. You cannot disguise the quantity of money you are going to have. Whether it's Bitcoin or Fiat. Even if you don't go public with your wealth, people will notice it based on your actions. Because you begin to explore areas that only the wealthy are able to afford. You begin using technologies and toys that only the privileged can buy. You cannot deprive yourself of these items since they are the only way to appreciate your wealth.

For myself, if you own a significant sum of money in bitcoin and are concerned about being assaulted, why not obtain yourself solid security measures that will keep you safe wherever you are? I don't live a life of hiding my wealth just because I don't want nasty individuals to physically injure me. The joy of having money is that you can spend it on whatever you desire and travel wherever you desire.

[MainIbem]

Additionally, we all seem like wealth is easy to conceal. You cannot disguise the quantity of money you are going to have. Whether it's Bitcoin or Fiat. Even if you don't go public with your wealth, people will notice it based on your actions. Because you begin to explore areas that only the wealthy are able to afford. You begin using technologies and toys that only the privileged can buy. You cannot deprive yourself of these items since they are the only way to appreciate your wealth.

For myself, if you own a significant sum of money in bitcoin and are concerned about being assaulted, why not obtain yourself solid security measures that will keep you safe wherever you are? I don't live a life of hiding my wealth just because I don't want nasty individuals to physically injure me. The joy of having money is that you can spend it on whatever you desire and travel wherever you desire.

You're right ar some points but if criminals doesn’t know that someone owns a certain amount of Bitcoin, i don't think they’ll go about asking random people to open their wallets, i think they got an intel of the people they murdered and stole from. I know it would be tough for some people to live a private life or disquise their wealth but people should learn the habit of not letting anyone know the amount they're holding cause times are getting very bad and there are informations one shouldn't trust people with.

[Bigjoe33]

The issue of privacy always is not new anymore here in the forum and even outside here. Even when it's not Bitcoin, one must not be always showing up and bragging about your financial possession. It draws the mind of wicked people towards your money and some may begin to plan evil and a whole lot of things against you, all geared towards dispossessing you of what you claim to have. The worst part sometimes is that many people suffer as victims of attack when they don't even have much all because of there lifestyle. Even if am not an investor or don't HODL Bitcoin, should I brag and show off the little I have to the world and make some persons feel less important? Everyone must be careful and wise.