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"Monahan said virtually all of the victims she has assisted were longtime cryptocurrency investors, and security-minded individuals." Apparently this was said
by readthenotes1 3y ago
"Monahan said virtually all of the victims she has assisted were longtime cryptocurrency investors, and security-minded individuals."
Apparently this was said without laughing out loud, unlike my reading of it.
- ww520 3y agoAny security-minded crypto investors would put the cryptos in an offline wallet, with portions of the passphrase written in different papers stored in different safes.
- gambiting 3y agoSo every time you want to "invest" you have to gather this incredibly inconvenient password? Maybe I misunderstand how it works.
- ww520 3y agoYou invest by HOLD. If you trade with exchanges, that's just speculating. Also not your key not your coins. The money will be lost eventually with rug pulls, scams, or hacks anyway. Password being compromised is the least of the worries. Offline wallet making it slow and difficult to transact is a feature, less chance to be scammed.