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  3. Another cryptocurrency seizure.

Another cryptocurrency seizure.

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  • Greg UtasG Greg Utas

    It's safe and secure unless your private key is hacked or you disclose it to someone who, for example, is threatening to break your legs.

    Robust Services Core | Software Techniques for Lemmings | Articles
    The fox knows many things, but the hedgehog knows one big thing.

    C Offline
    C Offline
    Cp Coder
    wrote on last edited by
    #21

    If I had even one Bitcoin and somebody threatened to break my legs if I don't hand over my key, I would shout: "Break away and be damned!" :laugh: :laugh: :laugh:

    Get me coffee and no one gets hurt!

    D 1 Reply Last reply
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    • OriginalGriffO OriginalGriff

      Met Police seize record £180m of cryptocurrency in London[^] From one woman. :omg: The Grauniad says it's Bitcoin: Met police seize nearly £180m of bitcoin in money laundering investigation | Bitcoin | The Guardian[^] That's a lot of money ... but it would have been twice that in April. It would seem that keeping money in cryptocurrencies isn't as "safe and secure" as you might think, as well as being subject to wild fluctuations for no good reason. I'd expect it to drop further on this news as naughty people try to get rid of it. :-D

      "I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!

      M Offline
      M Offline
      Member 9167057
      wrote on last edited by
      #22

      Bitcoin, or cryptocurrency in general, is such a nice example of things working out in principle but failing spectacularly in the practice.

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      • C Cp Coder

        If I had even one Bitcoin and somebody threatened to break my legs if I don't hand over my key, I would shout: "Break away and be damned!" :laugh: :laugh: :laugh:

        Get me coffee and no one gets hurt!

        D Offline
        D Offline
        Daniel Pfeffer
        wrote on last edited by
        #23

        Cp-Coder wrote:

        somebody threatened to break my legs if I don't hand over my key, I would shout: "Break away and be damned!"

        You need the money to pay the entrance fee for a marathon, right? :)

        Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. -- 6079 Smith W.

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        • L Lost User

          It is, and thus, not anonymous. And it's not like criminals didn't have access to currency before the invention of BC.

          Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.

          M Offline
          M Offline
          MKJCP
          wrote on last edited by
          #24

          True, but it seems to have really helped their business model. They and early miners and investors seem to be the biggest beneficiaries of the technology. Common folk have no need for this. The world would have been better off without it.

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          • OriginalGriffO OriginalGriff

            Urban Dictionary: grauniad[^]

            "I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!

            S Offline
            S Offline
            scott mcnulty 2021
            wrote on last edited by
            #25

            That's a hilarious story.

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