NYC residents are being robbed of their Bitcoin!

[neurotypical]

I might have to re-think selling on localbitcoins.
Although I never really hold much bitcoin on my phone.

Yup but they assume you do so you are always risking getting robbed. I dont use localbitcoin IRL interaction anymore. Cant trust these hoes.

[Hamuki]

I heard about someone in italy lost over $50.000 of BTC because he was robbed on a street.
The "buyer" attacked him with 2 other guys and he had a choice.. Lose 50k or die.

So he lost the 50k, and then 2 months later they were caught and he got his money back.
Lets hope that people can stay safe with their BTC in the future.

[funtotry]

I might have to re-think selling on localbitcoins.
Although I never really hold much bitcoin on my phone.

Yup but they assume you do so you are always risking getting robbed. I dont use localbitcoin IRL interaction anymore. Cant trust these hoes.

Yea hoes are usually untrustworthy. I wouldn't want to meet any bitcoiners in real life, 98% are scammers and 1% are shills, then theres the legitimate members 

[Beliathon]

I heard about someone in italy lost over $50.000 of BTC because he was robbed on a street.
The "buyer" attacked him with 2 other guys and he had a choice.. Lose 50k or die.

So he lost the 50k, and then 2 months later they were caught and he got his money back.
Lets hope that people can stay safe with their BTC in the future.

Transparency is an underappreciated feature of the blockchain. Conservatives, libertarians, and anarchists all tend to fetishize anonymity, but none of them seem to have considered what financial transparency could mean when applied to the elite, instead of only applied to the peasants as it is today. They have discounted a paradigm-shifting feature of a post-fiat reality. Money being created by democracy, rather than by the state. A public ledger with transparency, instead of a private ledger with none.

[funtotry]

I heard about someone in italy lost over $50.000 of BTC because he was robbed on a street.
The "buyer" attacked him with 2 other guys and he had a choice.. Lose 50k or die.

So he lost the 50k, and then 2 months later they were caught and he got his money back.
Lets hope that people can stay safe with their BTC in the future.

Transparency is an underappreciated feature of the blockchain. Conservatives, libertarians, and anarchists all tend to fetishize anonymity, but none of them seem to have considered what financial transparency could mean when applied to the elite, instead of only applied to the peasants as it is today.

Yes transparency is underappreciated but there is no built in anonymous feature in it. Sites like bitmixer.io and sharedsend from blockchain however have solved this with their mixing program which does a really good job.

[Kipsy89]

It goes to show how valuable bitcoin is and I'm surprised there are still a lot of people who seems to be oblivion about it.

Well it is as valuable as the market rate dictates. Even if it wasn't only 1/1000 as valuable as now, someone possessing 1000x the amount would still be rich. It comes down to how well people know Bitcoin.

[Beliathon]

It comes down to how well people know Bitcoin.

It comes down to how many days have elapsed since the genesis block. Finance getting attacked by computer science, g-fucking-g the game was over before it began.

[funtotry]

Heres what I think. If people want to STEAL bitcoin, it obviously has become a real thing, because it has worth to thieves. If bitcoin is so shitty like how the media says it, then why are so much people hacking bitcoin exchanges and stealing it?

[Beliathon]

If bitcoin is so shitty like how the media says it, then why are so much people hacking bitcoin exchanges and stealing it?

There's a reason the Enron doc was called "the smartest men in the room".