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Obligatory $5 wrench xkcd: https://xkcd.com/538/ https://xkcd.com/538/ Still, physically threatening/kidnapping somebody is an entirely different threat model,
by rippercushions 3y ago
Obligatory $5 wrench xkcd: https://xkcd.com/538/ https://xkcd.com/538/
Still, physically threatening/kidnapping somebody is an entirely different threat model, although it's very common in the Bitcoin world: https://github.com/jlopp/physical-bitcoin-attacks https://github.com/jlopp/physical-bitcoin-attacks
- CTDOCodebases 3y agoThis is not specific to Bitcoin though. In Latin America there are “Flash/lightening kidnappings” where they take a person hostage and drain their bank account over a period of time.
- quickthrower2 3y agoThey can’t take a bank hostage and drain all of it’s customers funds though.
- CTDOCodebases 3y agoThis was solved technically with the invention multisig wallets. Whether the custodians choose to support them or not is another matter.