Earlier quoted context omitted.
ability to move a lot of money outside of the banking system would be right in CIAs playbook
And be able to track it all as well? Absolutely.
As a hony pot for all kind of money launderers and criminals? Absolutely.
“My PGP key is compromised, and at least many of my bitcoins stolen”
531–540 of 564 posts
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#532Earlier quoted context omitted.
This is why lack of consumer protections suck Agreed, and the problem is that this is a feature . Without that feature of a lack of central control, Bitcoin's main use case is invalid.
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Please don't post unsubstantive or flamebait comments.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#533Earlier quoted context omitted.
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Please don't do this, even in response to a provocation - we have to ban such accounts.
If you'd please review https://news.ycombinator.com/newsguidelines.html and stick to the rules when posting here, we'd appreciate it.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#534Haha! Evidently a complete lack of security or worth judgement. "$300/mo for a rack is expensive" (no, no it isn't) "Someone booted an unknown OS from external media" (no FDE) Machine compromised on the "17th of november* and instead of considering everything compromised, the guy continued using it evidently. Zero sympathy whatsoever, if you can't manage the basics you certainly shouldn't be running it yourself, and…
He's actually pretty clever for claiming to 'lose' the BTC... does that mean no taxes to pay?
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#535Haha! Evidently a complete lack of security or worth judgement. "$300/mo for a rack is expensive" (no, no it isn't) "Someone booted an unknown OS from external media" (no FDE) Machine compromised on the "17th of november* and instead of considering everything compromised, the guy continued using it evidently. Zero sympathy whatsoever, if you can't manage the basics you certainly shouldn't be running it yourself, and…
He's actually pretty clever for claiming to 'lose' the BTC... does that mean no taxes to pay?
Hadn't considered that as I still don't believe anyone bothers declaring and paying tax on it - not always deliberately but because most people are uninformed stupids about pretty much everything
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#536Earlier quoted context omitted.
Nope, not at all. Your hardware wallet is useless without the bitcoin trust frameworks and the implicit agreement among many people that these particular bits on your hardware denote anything of value. Both of these are completely beyond your control and reliant on mechanisms not fully understood. It’s a system boundary question: yes, your wallet is under your control (how do you know what’s baked into the silicone o…
why does everyone trust the bitcoin core dev to be telling the truth about getting "hacked" and having his funds immediately mixed? this seems more like it could be similar to a simple boating accident
Or the russian oligarchs suddenly flinging themselves off buildings... apparently.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#537Earlier quoted context omitted.
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In an attempt to make this a more productive comment, can you elaborate on what is an "honest way" to make a living in a way that is not "environmentally destructive?" I assume the "other people with 8 kids" are not Amish people selling produce at a farmer's market. Someone providing for 8 kids would likely have a car (maybe two), and go to a job in a building that uses electricity, right? What about your leisure tim…
Any job not burning the equivalent energy of Argentina to accomplish a technical feat that could be done better with psql running on a raspberry pi.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#538It’s unfortunate. Though what do you expect when possession is ownership and there’s no mediating institution to help you with theft. If your brokerage account somehow gets hacked and all your funds gets stolen that’s not an unsolvable problem. You’ll likely get made whole after a while. There’s people, institutions, and laws to help you. Store digital cash in your mattress and someone will steal it, and no one will…
It may come as a surprise you to that the recovery rate for BEC incidents that are not immediately detected is very low and that victims often spend years suing their banks for faulty fraud protection in court for either only a partial settlement or nothing in return.
Having worked in banking for 20 years and knowing how many fraud transactions are reversed, I do indeed find that false information to be surprising.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#539Earlier quoted context omitted.
In an attempt to make this a more productive comment, can you elaborate on what is an "honest way" to make a living in a way that is not "environmentally destructive?" I assume the "other people with 8 kids" are not Amish people selling produce at a farmer's market. Someone providing for 8 kids would likely have a car (maybe two), and go to a job in a building that uses electricity, right? What about your leisure tim…
Any job not burning the equivalent energy of Argentina to accomplish a technical feat that could be done better with psql running on a raspberry pi.
[citations needed]
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#540I still think the reason Satoshi vanished is that he lost his private key and couldn't handle the embarrassment.
I think satoshi never really vanished. Google 'satoshi dorian nakamoto newsweek' and you get to know him. Unless the journalist made the whole thing up or at least a big part of the article is a lie. After reading that, you start asking youself very serious questions about the whole crypto charade.
I think the consensus was that he wasn't the guy. The guy didn't have relevant experience and didn't act like the guy, plus it would be very strange to use your real name but then not expect anything to come of it.