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Crypto Kidnappings


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Just watched this video about guys with fat crypto wallets getting kidnapped.

 

Crypto is dangerous because all your crypto can be obtained from your phone and there are no safeguards when making transfers like there are with banks.

 

So these crypto guys flaunt their wealth on social media and then get kidnapped. 

 

 

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1 minute ago, bob smith said:

I cashed out a few months back.

 

Nothing like having cold hard cash and gold in a 6ft reinforced steel safe.

 

bob.

 

do you keep the kryptonite in there as well ? 

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  • 6 months later...
On 5/10/2024 at 9:18 AM, save the frogs said:

Just watched this video about guys with fat crypto wallets getting kidnapped.

 

Crypto is dangerous because all your crypto can be obtained from your phone and there are no safeguards when making transfers like there are with banks.

 

So these crypto guys flaunt their wealth on social media and then get kidnapped. 

 

 

Actually most people dont keep it on their phones but in hardware wallets. Ones crypto is still on the blockchain but the hardware wallet is a means to an end accessing it. The new wallets can bluetooth to the phone but I think its stupid to do this for reasons you state. 

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