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How To Not Get Kidnapped For Your Bitcoin

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Pete Kayll, a musclebound veteran of Britain's Royal Marines, had an unusual instruction for the Bitcoin investors gathered in Switzerland in late October. "Just bite your way out," he told them. It was the final day of a weekend-long cryptocurrency convention on the shore of Lake Lugano, near the Italian border. A small group of investors had lined up in a conference room to have their hands bound with plastic zipties. Now they were learning how to get them off. "Your teeth will get through anything," Mr. Kayll advised. "But it will bloody well hurt."

Most people don't go to an international crypto conference expecting to learn how to gnaw through plastic. But after hours of panels devoted to topics like Bitcoin-collateralized loans, these investors were looking for something more practical. They wanted to know what to do if they were grabbed on the street and thrown into the back of a van. Already paranoid about scams, hacks and market turmoil, wealthy crypto investors have lately become terrified about a much graver threat: torture and kidnapping.

Paywalled source: https://www.nytimes.com/2025/11/17/business/how-to-not-get-kidnapped-for-your-bitcoin.html

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I'm sure glad my portfolio is in the stock market. It takes days to move it to where it can be used.

Screenshot_20251119_052823_Kiwi Browser.jpg

  • Popular Post

Bitcoin falling like a rock off a cliff I doubt anyone would even want it in a few months. Biggest loss in its history in the last 6 weeks.😀

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Saw this article in Bangkok Post yesterday. Scary stuff, and already been an issue here down on Phuket etc.

  • Popular Post
3 hours ago, gargamon said:

Your teeth will get through anything," Mr. Kayll advised. 

I'm not scared, my Bitcoins are safe.

 

Come and get me 

 

 

oue-gros.gif

My bitcoins are safely packed away in a jar and buried out in the backyard where nobody could ever find them.

56 minutes ago, ColeBOzbourne said:

My bitcoins are safely packed away in a jar and buried out in the backyard where nobody could ever find them.

Next to the bodies

My buddy has a lot of crypto.  Not sure exactly what exchange or whatever he uses.  But it uses two passwords.  One password is a normal and good to go password meaning nothing is wrong please process the transaction.  The other password means he is in danger, notify authorities, lock the account, etc..

1 hour ago, ColeBOzbourne said:

My bitcoins are safely packed away in a jar and buried out in the backyard where nobody could ever find them.

 

can't find what ain't there .............

 

 

7 hours ago, gargamon said:

Pete Kayll, a musclebound veteran of Britain's Royal Marines, had an unusual instruction for the Bitcoin investors gathered in Switzerland in late October. "Just bite your way out," he told them. It was the final day of a weekend-long cryptocurrency convention on the shore of Lake Lugano, near the Italian border. A small group of investors had lined up in a conference room to have their hands bound with plastic zipties. Now they were learning how to get them off. "Your teeth will get through anything," Mr. Kayll advised. "But it will bloody well hurt."

Most people don't go to an international crypto conference expecting to learn how to gnaw through plastic. But after hours of panels devoted to topics like Bitcoin-collateralized loans, these investors were looking for something more practical. They wanted to know what to do if they were grabbed on the street and thrown into the back of a van. Already paranoid about scams, hacks and market turmoil, wealthy crypto investors have lately become terrified about a much graver threat: torture and kidnapping.

Paywalled source: https://www.nytimes.com/2025/11/17/business/how-to-not-get-kidnapped-for-your-bitcoin.html

--------------

I'm sure glad my portfolio is in the stock market. It takes days to move it to where it can be used.

Screenshot_20251119_052823_Kiwi Browser.jpg

 

 

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