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“My PGP key is compromised, and at least many of my bitcoins stolen”

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Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#291

Post by s5300 »

fshbbdssbbgdd wrote: post #286
gruez wrote: post #271

Earlier quoted context omitted.

>These things happen every day, but happening to a core developer (if confirmed!) who has a deep understanding of the systems and security indicates just how fragile crypto can be (in my opinion) Based on the other comments in this thread it looks like he didn't bother using a hardware wallet (which is literally something that's recommended on bitcoin.org[1]), and kept his wallet.dat on a server exposed to the intern…

So you’re saying that to use crypto properly, I have to secure a physical object that grants irrevocable ownership of my wealth? That sounds bad. Is there a way I can get my crypto held my an institution with SIPC insurance, the way I hold stocks at a brokerage, so I can outsource this issue to someone else who is backed by a government guarantee? (I obviously don’t expect them to guarantee the value of the crypto, j…

No, the only thing you need is an infallible memory.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#292

Post by petesergeant »

tkiolp4 wrote: post #237

Maybe off topic: is it fine to publicly say that you have $3.6M in bitcoin using a profile name that exposes who you are in real life? Wouldn’t the IRS (or local equivalent) come to knock your door and ask for taxes on that money?

Assuming you’re not committing tax fraud, you’ve already told the local tax authority whatever you’re required to about it. Not an accountant, but in many places then unless it’s income generating, you may not need to declare it until you actually sell it / convert it / use it.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#293

Post by pornel »

gruez wrote: post #271
samwillis wrote: post #42

Context now that the editorialised title has changed, this is a core Bitcoin developer. These things happen every day, but happening to a core developer (if confirmed!) who has a deep understanding of the systems and security indicates just how fragile crypto can be (in my opinion)

>These things happen every day, but happening to a core developer (if confirmed!) who has a deep understanding of the systems and security indicates just how fragile crypto can be (in my opinion) Based on the other comments in this thread it looks like he didn't bother using a hardware wallet (which is literally something that's recommended on bitcoin.org[1]), and kept his wallet.dat on a server exposed to the intern…

That's a No True Scotsman answer — it's not hard to make people keep their wallets secure, because people who got their wallets stolen don't count.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#294

Post by gruez »

fshbbdssbbgdd wrote: post #286
gruez wrote: post #271

Earlier quoted context omitted.

>These things happen every day, but happening to a core developer (if confirmed!) who has a deep understanding of the systems and security indicates just how fragile crypto can be (in my opinion) Based on the other comments in this thread it looks like he didn't bother using a hardware wallet (which is literally something that's recommended on bitcoin.org[1]), and kept his wallet.dat on a server exposed to the intern…

So you’re saying that to use crypto properly, I have to secure a physical object that grants irrevocable ownership of my wealth? That sounds bad. Is there a way I can get my crypto held my an institution with SIPC insurance, the way I hold stocks at a brokerage, so I can outsource this issue to someone else who is backed by a government guarantee? (I obviously don’t expect them to guarantee the value of the crypto, j…

> So you’re saying that to use crypto properly, I have to secure a physical object that grants irrevocable ownership of my wealth? That sounds bad.

Yeah, that's how most things work in the physical world. If you want to secure a widget, then you need to "secure a physical object that grants irrevocable ownership" of it. Cryptocurrencies improve on this slightly by allowing you set up multisignature schemes, so you can get redundancy in the event of a loss.

>Is there a way I can get my crypto held my an institution with SIPC insurance, the way I hold stocks at a brokerage, so I can outsource this issue to someone else who is backed by a government guarantee?

If you want government guarantees, crypto might not be right for you.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#295

Post by TylerE »

giardia wrote: post #287
gruez wrote: post #271

Earlier quoted context omitted.

>These things happen every day, but happening to a core developer (if confirmed!) who has a deep understanding of the systems and security indicates just how fragile crypto can be (in my opinion) Based on the other comments in this thread it looks like he didn't bother using a hardware wallet (which is literally something that's recommended on bitcoin.org[1]), and kept his wallet.dat on a server exposed to the intern…

The implication of your comment is that Bitcoin is developed in part by someone who acts like an idiot.

Not really a stretch in this case

https://twitter.com/lukedashjr/status/1169615995742380035

https://old.reddit.com/r/Buttcoin/comments/4936kw/lukejr_is_...

Dude seriously Thinks the pope isn’t catholic and the sun revolves around the earth

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#296

Post by throwaway128128 »

tromp wrote: post #149
CyberDildonics wrote: post #79

Just for a little context luke jr was infamous on cryptocurrency forums for being adamant that the sun revolved around the earth, all religions other than catholicism are evil, there is an "ethical aspect to slavery" and that bitcoin's 1 KB/s throughput was too much and should be cut down even further. https://archive.is/sS5Ml https://archive.is/DrP83 https://np.reddit.com/r/Christianity/comments/36w6nw/why_did... ht…

Someone in the bitcoin parody group r/Buttcoin compiled this "gigathread" of all his hair-raising quotes https://www.reddit.com/r/Buttcoin/comments/4936kw/lukejr_is_...

"Gigathread" would become a "bongthread" in Tonal.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#297

Post by gruez »

giardia wrote: post #287
gruez wrote: post #271

Earlier quoted context omitted.

>These things happen every day, but happening to a core developer (if confirmed!) who has a deep understanding of the systems and security indicates just how fragile crypto can be (in my opinion) Based on the other comments in this thread it looks like he didn't bother using a hardware wallet (which is literally something that's recommended on bitcoin.org[1]), and kept his wallet.dat on a server exposed to the intern…

The implication of your comment is that Bitcoin is developed in part by someone who acts like an idiot.

As long as the code he submits is correct, I don't see any issues.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#298

Post by pornel »

gruez wrote: post #297
giardia wrote: post #287

Earlier quoted context omitted.

The implication of your comment is that Bitcoin is developed in part by someone who acts like an idiot.

As long as the code he submits is correct, I don't see any issues.

His PGP key got stolen, so someone else could have been submitting code as him.

Hopefully he didn't also lose any SSH keys with push rights to the repo.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#300

Post by 1MachineElf »

dennis_jeeves1 wrote: post #215
xrd wrote: post #129

Earlier quoted context omitted.

Almost right. He spilled two (!) beers on the paper he wrote his private key upon, and he died of embarrassment.

Now, what was the brand of beer he was having?

If he really was Japanese, then the only sensible conclusion is Asahi.
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