4 ms·

I bet a tyrannical government can easily confiscate your BTC with enough "enhanced interrogation".

• notch656a 4y ago
  It's true. It would be a lot more difficult with something like a privacy coin. Someone could write down a 12/13 word phrase as a hot wallet and have a cold wallet with a memorized phrase. No one knows how much are in either wallet or that the two are even linked.
  • UncleEntity 4y ago
    Pretty sure after they break out the blowtorches you’ll be volunteering this information…
    • notch656a 4y ago
      Torture works a lot better if you know what you're looking for. With BTC you know exactly what it is you're looking for and how much. If all you know is they paid with a privacy coin then you have no idea how many wallets they have or how much money, there's no more advantage to giving up 2 wallets than 1 as there's no reason for an attacker to not think there's a 3rd you're holding out on if they didn't believe you the first time -- the options would be give up everything and get blow torched or give up only some and get blow torched
• a2tech 4y ago
  Rubber-hose cryptography: https://en.m.wikipedia.org/wiki/Rubber-hose_cryptanalysis https://en.m.wikipedia.org/wiki/Rubber-hose_cryptanalysis
• three_seagrass 4y ago
  Doesn't even need to be governments. A man was tortured in his home with a drill in front of his 4 year old while being robbed of his bitcoin: https://www.ccn.com/dutch-bitcoin-trader-suffers-brutal-torture-with-a-heavy-drill-in-violent-robbery/ https://www.ccn.com/dutch-bitcoin-trader-suffers-brutal-tort...
• deleted 4y ago
  [deleted]
• enaaem 4y ago
  Crypto bros thrive in an extremely abnormal environment where violence is controlled and outsourced to a powerful central authority. Good thread on this: https://threadreaderapp.com/thread/1579124072390463488.html https://threadreaderapp.com/thread/1579124072390463488.html