3 ms·
they run the risk of being kidnapped and tortured for their BTC if everyone knew who they were Doesn't any rich person have the same risk?
by jiggy2011 14y ago
they run the risk of being kidnapped and tortured for their BTC if everyone knew who they were
Doesn't any rich person have the same risk?
- hollerith 14y agoMaybe I am wrong, but I get the impression that the average wealthy person keeps their most liquid assets in an institution where the employees know him or her and there are institutional safeguards against that kind of thing. (ADDED. ATMs for example, have cameras.) Also, the rich do tend to make a point not to let it be publicly known that they are rich if they can. (ADDED. Officers of public corporations for example cannot hide their incomes from the public because of the financial-reporting requirements imposed on the corporations.)
- jiggy2011 14y agoThere's plenty of movie plots about "leave a large suitcase full of cash at location X or bad thing Y happens" but I guess large quantities of cash are more difficult to hide and large withdrawls from a bank account would raise red flags.
- dia80 14y agoIt's very difficult to receive and enjoy the proceeds with traditional assets. Not so bitcoin.