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Which is why you store just a little in one address to "give up". And store the rest elsewhere. And never tell anyone how much you really have. For example,

Which is why you store just a little in one address to "give up". And store the rest elsewhere. And never tell anyone how much you really have. For example, you hold 100 bitcoins. Randall Munroe's wrench hacker holds you up for bitcoin because he knows you have some. You give him 0.1 from an address. He lets you go. You keep 99.9 of your bitcoins, but your attacker thinks he took got the whole bag.

ben_w 4y ago
If attackers so much as think that’s likely, they will look at victims the way children look at these: https://www.amazon.com/dp/B07NVB4WH1/ref=sbl_dpx_m_toys-party-pinatas_B00TKQYLD2_0 https://www.amazon.com/dp/B07NVB4WH1/ref=sbl_dpx_m_toys-part...
- RedBeetDeadpool 4y ago
  At what point does one decide a pinata is empty if there is 0 evidence available that a pinata might not even be a pinata?
  - ben_w 4y ago
    Why does that matter to the piñata?
    - RedBeetDeadpool 4y ago
      Because the universe is full of "not a pinata"'s. If an attacker is blindfolded swinging their baseball bats hoping to hit one, its utterly futile on the attackers time spent on earth. They are infinitely better off working at wendy's on minimum wage.
      - ben_w 4y ago
        You’re a piñata if the attacker says you are, not just because you’re broke. Lack of provability means the attacker may never believe you, in which case you’re now dead as well as broke. If someone has a monopoly on violence, they can pre-commit to massive retribution against anyone who does this. They also get to define what money is, and have a reason to want to. If nobody has a monopoly on violence, nobody is working minimum wage at Wendy’s because there is neither a minimum wage nor a Wendy’s nor a society capable of supporting a Wendy’s.
        RedBeetDeadpool 4y ago
        > You’re a piñata if the attacker says you are, not just because you’re broke. And so are you. Doesn't matter if you don't actually have a bitcoin. Lack of provability means the attacker says you have a bitcoin so therefore you have a bitcoin. You are pinata by decree of the assailant and nothing else. Therefore due to the > Lack of provability means the attacker may never believe you, in which case you’re now dead as well as broke. ... regardless of whether or not you owned any bitcoin. Which means everyone regardless of owning or hating bitcoin are now dead because gangmembers say everyone they say so has bitcoin now has bitcoin. I guess we're all dead. --- > If someone has a monopoly on violence, they can pre-commit to massive retribution against anyone who does this. They also get to define what money is, and have a reason to want to. And they can also decree who is evil and must be purified. Wether its afghanis, or uyghurs, or jews. They can also decree users with names staring with ben need to be tickle tortured for 20 years. > If nobody has a monopoly on violence, nobody is working minimum wage at Wendy’s because there is neither a minimum wage nor a Wendy’s nor a society capable of supporting a Wendy’s. You're getting into economic theory here, which theorists have written volumes of books about, but the short of this is that you're reaching for conclusions without any supporting arguments.
notreallyserio 4y ago
It's not like these folks don't know you can have multiple wallets. How many whacks to the head would you or your family have to suffer before you admit you have more coins somewhere?
- RedBeetDeadpool 4y ago
  Or better question. How many whacks on a rock would an "attacker" have to make before they decide its not going to print any money and they are just wasting their life? Keep in mind, no one knows if this rock prints money or if that other rock prints money. One of the rocks you've been told can print money but you dont know which one. How many rocks are you going to whack? or maybe its just easier to drive an uber and make money.
8note 4y ago
The blockchain is public though? he should be able to reproduce the full contents of your wallet to know that you're lying
logifail 4y ago
> For example, you hold 100 bitcoins. Randall Munroe's wrench hacker holds you up for bitcoin because he knows you have some. You give him 0.1 from an address. Keeping your crypto holdings secret would appear to be basic OpSec, just as one would do if you had to carry significant cash, precious metals, gemstones... Hard to brag about your holdings on social media if you're not allowed to tell anyone, though.

ben_w 4y ago

If attackers so much as think that’s likely, they will look at victims the way children look at these: https://www.amazon.com/dp/B07NVB4WH1/ref=sbl_dpx_m_toys-party-pinatas_B00TKQYLD2_0 https://www.amazon.com/dp/B07NVB4WH1/ref=sbl_dpx_m_toys-part...

RedBeetDeadpool 4y ago
At what point does one decide a pinata is empty if there is 0 evidence available that a pinata might not even be a pinata?
- ben_w 4y ago
  Why does that matter to the piñata?
  - RedBeetDeadpool 4y ago
    Because the universe is full of "not a pinata"'s. If an attacker is blindfolded swinging their baseball bats hoping to hit one, its utterly futile on the attackers time spent on earth. They are infinitely better off working at wendy's on minimum wage.
    - ben_w 4y ago
      You’re a piñata if the attacker says you are, not just because you’re broke. Lack of provability means the attacker may never believe you, in which case you’re now dead as well as broke. If someone has a monopoly on violence, they can pre-commit to massive retribution against anyone who does this. They also get to define what money is, and have a reason to want to. If nobody has a monopoly on violence, nobody is working minimum wage at Wendy’s because there is neither a minimum wage nor a Wendy’s nor a society capable of supporting a Wendy’s.
      - RedBeetDeadpool 4y ago
        > You’re a piñata if the attacker says you are, not just because you’re broke. And so are you. Doesn't matter if you don't actually have a bitcoin. Lack of provability means the attacker says you have a bitcoin so therefore you have a bitcoin. You are pinata by decree of the assailant and nothing else. Therefore due to the > Lack of provability means the attacker may never believe you, in which case you’re now dead as well as broke. ... regardless of whether or not you owned any bitcoin. Which means everyone regardless of owning or hating bitcoin are now dead because gangmembers say everyone they say so has bitcoin now has bitcoin. I guess we're all dead. --- > If someone has a monopoly on violence, they can pre-commit to massive retribution against anyone who does this. They also get to define what money is, and have a reason to want to. And they can also decree who is evil and must be purified. Wether its afghanis, or uyghurs, or jews. They can also decree users with names staring with ben need to be tickle tortured for 20 years. > If nobody has a monopoly on violence, nobody is working minimum wage at Wendy’s because there is neither a minimum wage nor a Wendy’s nor a society capable of supporting a Wendy’s. You're getting into economic theory here, which theorists have written volumes of books about, but the short of this is that you're reaching for conclusions without any supporting arguments.

notreallyserio 4y ago

It's not like these folks don't know you can have multiple wallets. How many whacks to the head would you or your family have to suffer before you admit you have more coins somewhere?

RedBeetDeadpool 4y ago
Or better question. How many whacks on a rock would an "attacker" have to make before they decide its not going to print any money and they are just wasting their life? Keep in mind, no one knows if this rock prints money or if that other rock prints money. One of the rocks you've been told can print money but you dont know which one. How many rocks are you going to whack? or maybe its just easier to drive an uber and make money.

8note 4y ago

The blockchain is public though? he should be able to reproduce the full contents of your wallet to know that you're lying

logifail 4y ago

> For example, you hold 100 bitcoins. Randall Munroe's wrench hacker holds you up for bitcoin because he knows you have some. You give him 0.1 from an address. Keeping your crypto holdings secret would appear to be basic OpSec, just as one would do if you had to carry significant cash, precious metals, gemstones... Hard to brag about your holdings on social media if you're not allowed to tell anyone, though.