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

Post by gruez » Mon, Jan 02, 2023, 2:27 AM UTC

arcticbull wrote: post #308

gruez wrote: post #304

Earlier quoted context omitted.

>If it was that simple and easy why wasn't he doing it. It's simply a ridiculous failure mode that you can lose your entire life savings with no recourse if you make a silly mistake. Except in this case, it seems like he went out of his way to make it less secure, by putting his wallet on his server. This isn't a case of someone losing his mattress savings in a random home burglary, this is a case of someone leaving…

At the risk of murdering this dead horse there's a reason nobody positions duffle bags of cash as the future of finance no matter where located. Precisely because they can be stolen without recourse. Had that money been safely in a bank account they'd still have it in both these examples. I mean this guy is already demanding the FBI get involved when the FBI's position is you should just put it in a bank account and…

Post by int_19h » Mon, Jan 02, 2023, 2:29 AM UTC

woodruffw wrote: post #306

int_19h wrote: post #252

Earlier quoted context omitted.

If you're assuming that Satoshi was a spook, wouldn't the use of L1 English and Western timezones more likely to be an attempt to obfuscate?

This results in logical regress: any positive evidence that Nakamoto was a native-English speaking Westerner can be spun into negative evidence of an exceptionally advanced adversary. In other words, it's "that's just what they want you to think!" logic. And that can be true, but it's not exceptionally convincing.

Post by wesapien » Mon, Jan 02, 2023, 2:32 AM UTC

treeman79 wrote: post #25

nextaccountic wrote: post #16

Earlier quoted context omitted.

he should been using a hardware wallet and the bulk of it should be on a paper wallet, in the vault of a bank or another real world institution. the hardware used to generate this key should be wiped out. so if he followed best practices, he didn't lose this money edit: just found out that the btc was stolen from a dedicated server on ColoCrossing. this makes no freaking sense. no server connected to internet should…

How on earth are normal people supposed to trust bit coin. When best practice is to treat it like paper money.

Post by gruez » Mon, Jan 02, 2023, 2:35 AM UTC

pornel wrote: post #332

gruez wrote: post #318

Earlier quoted context omitted.

The opposite of "no true scottsman" is nut picking[1]. In this case, I think failing to follow widely promulgated security advice is a fairly reasonable justification to exclude him. [1] https://rationalwiki.org/wiki/Nutpicking

Bitcoin core developer is the nuttiest of bitcoin users? The whole point is that he should be the one of most knowledgeable exemplary users.

Post by netheril96 » Mon, Jan 02, 2023, 2:39 AM UTC

EVa5I7bHFq9mnYK wrote: post #336

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…

He probably run a full node and an LN node on his server, to contribute to Bitcoin network. This requires storing wallet.dat on the server, and keeping non trivial amount of coins in it.