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Starting to? > He says Skurka's abduction is the 171st instance of suspects using physical violence to steal bitcoins, that he's aware of.
by celdon25 2y ago
Starting to?
> He says Skurka's abduction is the 171st instance of suspects using physical violence to steal bitcoins, that he's aware of.
- PittleyDunkin 2y ago171 instances seems astonishingly low given how much crypto is designed to be stolen.
- akimbostrawman 2y agoHow are cryptographic keys designed to be stolen? If anything it's the opposite.
- PittleyDunkin 2y agoNo protection against a gun to your head? That seems pretty obvious.
- akimbostrawman 2y agoThat works for digital money and cash too, there have been many cases where people get forced at gun point to take out money from ATMs. Cryptocurrencies have the unique protection that _nobody_ who does not have the keys can access the funds. No system by itself can protects against violence resulting in coerced access.
- PittleyDunkin 2y ago> That works for digital money and cash too, there have been many cases where people get forced at gun point to take out money from ATMs. Not with the ease with which you can transfer an unbounded amount of crypto. Completely different situation. The lack of any kind of fraud or theft protection or need to physically access cash is a great reason to not ever cop to owning crypto.
- akimbostrawman 2y ago>The lack of any kind of fraud or theft protection You call it a bug I call it a feature. It's almost like no system is perfect and are perceptive to different threat models...