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A great many people who live in nice houses are extremely illiquid, they may even have a negative net worth, and their visible property all saddled with debt.
by nullc 2y ago
A great many people who live in nice houses are extremely illiquid, they may even have a negative net worth, and their visible property all saddled with debt.
Also how much are you really going to get from jewelry in a typical ritzy house after fencing overheads? Maybe a few grand?
Of course, people do break into ritzy houses too... though they generally do it when no one is home. Jewellery doesn't tend to have passwords.
- big-green-man 2y agoThat's a good point, to get someone's jewelry you just need to get in their house, to get someone's bitcoin you need to get your hands on them. I suppose that makes it more dangerous, but instead of jewelry, you know someone in a really nice house is probably very valuable to someone else, ransoming them is basically the same thing.