A matter of family conflict regarding Bitcoin.

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Quote from: bluebit25 on September 20, 2023, 12:04:10 AM

Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand

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A heated dispute over Bitcoin investment loss led to a domestic violence incident that escalated into a six-hour standoff with the police. The 35 year old husband, Kritsada, shot his wife and barricaded himself in their home in Uthai district, Ayutthaya province, before eventually surrendering to the authorities.

I just found a news story and tried to find more content related to this story, and this is all I know about this story. It makes me imagine stories that I have encountered before in the investment environment, where losses occur and make people lose their original reason for earning money, which is also to bring home and build a better family life. I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

If he has been hurt in any way by investing in Bitcoin then he should have controlled his anger because if he loses money in hiring Bitcoin B and inflicts such mental torture or physical torture on his family it is not fair at all. Before investing in Bitcoin we must have enough patience because sometimes even big investors lose patience so investing patiently would definitely yield good things and just because he didn't get success in Bitcoin investment doesn't mean he has to lay hands on his wife. There will be a commotion in his family due to such a big incident. Of course, I will say to him that it was never right for him to do such a conscientious thing because two different things, in the case of Bitcoin investment, he has put the family together.

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Quote from: bluebit25 on September 20, 2023, 12:04:10 AM

Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand

Quote

A heated dispute over Bitcoin investment loss led to a domestic violence incident that escalated into a six-hour standoff with the police. The 35 year old husband, Kritsada, shot his wife and barricaded himself in their home in Uthai district, Ayutthaya province, before eventually surrendering to the authorities.

I just found a news story and tried to find more content related to this story, and this is all I know about this story. It makes me imagine stories that I have encountered before in the investment environment, where losses occur and make people lose their original reason for earning money, which is also to bring home and build a better family life. I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

Lol this is not about bitcoin but about the attitude and the mental problem of the involved person because no one in their right mind and condition that can act like this just because of their own stupidity.
and also even if this is not about bitcoin but other investments yet this person will do the same because of his nature.
sadly that the wife needs to suffer from this animal minded human.

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Quote from: 0t3p0t on March 04, 2024, 03:58:47 AM

Lack of knowledge and being an irresponsible investor is I think the reasons why it sometimes ends like that. If we do really understand the basic of investing Bitcoin asset we already have ideas on possibilities, chances, opportunities and of course the do's and don'ts on it. Irresponsible investor has similarity with irresponsible gambling because of the risks but still we try to take that risk without even thinking of the possibilities. It doesn't need to be like that where it all ends so badly. Maybe they invested all their hard earned money all at once at a wrong timing. This is the most common consequence if we try to jump into something without doing our own due diligence.

We may not get the full story in details but maybe his decision was too hectic before it could lead to such violence. Bitcoin is not difficult to comprehend just the basics is all that matters and it only takes a few discussion and research. We invest into Bitcoin not all in due to the more invested the higher the profits, invest according to proportions or budget in a way it won't collide with our needs or family needs.

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Quote from: bluebit25 on September 20, 2023, 12:04:10 AM

snip

It's a terrible story.

Recently, I've been thinking about how trading is similar to gambling... Yes, on the exchanges there is an opportunity to lose your entire deposit very quickly, as well as the opportunity to earn a lot. I think the boundary that distinguishes reasonable trading on the stock exchange from gambling is the kind of leverage a trader trades with. You need to be careful not to use Leverage at all. The desire to speed up my trading in such a way is detrimental and I always trade without leverage and only with personal money.

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My country has never had a family problem with Bitcoin, but if my country's government and central bank recognize Bitcoin, there may be serious conflict in relationships between family members. .
Dowry is the main cause of family conflict in my country. Complaints of family quarrels with family members and abuse of women due to dowry are heard.

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That's a very pitiful moment. To be honest, it's a really difficult situation because definitely it's a good idea to suggest family members to put family's budget into Bitcoin to gain financial profit but on another hand, we have to keep in mind that there are people, in our families, that expect overnight success and will go nuts if investment goes into a loss, even if that's a temporary state. By the way, this case doesn't mean we have to be afraid to talk about bitcoin, crypto or other kind of investment with families and convince them to invest but I think everyone should know their family members and their finances well before they try to take responsibility if they want to avoid such a dramatic turn of situation.

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As much the media wants to paint this as the bad effects of bitcoin to the family values and structure which is the vibe that I'm getting out of this and the implied message here, we can still never be able to change the fact that bitcoin is just a tool and that it's the skill of the craftsman that defines what's going to happen and in this case, it's just a plain old greed in the family no less, it's normal in a really bad family, relatives fighting over money, land title and properties is something that's common on those toxic families, it's sad that money is the most caustic reason why families are being split in different sides, I could understand if someone in the family is a really bad person but when the reason for why they're divided during gatherings and other events involving the whole clan, it's such a sad thing, just makes the old adage "money is the root of all evil" even more true.

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Lack of knowledge and being an irresponsible investor is I think the reasons why it sometimes ends like that. If we do really understand the basic of investing Bitcoin asset we already have ideas on possibilities, chances, opportunities and of course the do's and don'ts on it. Irresponsible investor has similarity with irresponsible gambling because of the risks but still we try to take that risk without even thinking of the possibilities. It doesn't need to be like that where it all ends so badly. Maybe they invested all their hard earned money all at once at a wrong timing. This is the most common consequence if we try to jump into something without doing our own due diligence.

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Quote from: Riginac111 on March 03, 2024, 07:00:09 PM

Quote from: LoyceV on September 20, 2023, 06:53:20 AM

As far as I know, "money" or more generic "money problems" are amongst the main causes of divorce. If it wouldn't have been Bitcoin, it would have been something else.

I think that you're right, because what actually brings misunderstandings in marriage life is money and insincerity between the couples, and that happens when their is no longer full attention between each other, or their is shortage of money in family, mostly when their is shortage of flows of money coming to the family as it usually comes, the female gender will be thinking otherwise, so it's clear that bitcoin can not caused a divorce of couples, even gambling is not causing a divorce the way we may think. The problem of family starts from lacks of careering and attention, and majorly money.

You are right in this case we cannot blame someone for holding the Bitcoin they own, of course this problem stems from the personalities of both partners who both have the same nature of only justifying themselves and not wanting to listen to their partner's opinion and if someone is holding it Bitcoin there will be conflict in their household of course no one will want to own or even collect large amounts of Bitcoin and it is very clear in this case we cannot blame people who hold Bitcoin, but I think those who hold Bitcoin and experience problems in the household This is very clear to them because of the problems the two partners have in understanding how Bitcoin works.

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Quote from: bluebit25 on September 20, 2023, 12:04:10 AM

Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand

Quote

A heated dispute over Bitcoin investment loss led to a domestic violence incident that escalated into a six-hour standoff with the police. The 35 year old husband, Kritsada, shot his wife and barricaded himself in their home in Uthai district, Ayutthaya province, before eventually surrendering to the authorities.

I just found a news story and tried to find more content related to this story, and this is all I know about this story. It makes me imagine stories that I have encountered before in the investment environment, where losses occur and make people lose their original reason for earning money, which is also to bring home and build a better family life. I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

In my opinion, you couldn't blame bitcoin for this. Pretty sure the husband's already got anger issues from the get-go, only heightened after knowing about losing the prospect of earning a huge amount of money. Thailand's not really particularly known to be that hostile, nor to be a crypto-friendly country personally so I'm actually surprised to see news like these break out. I guess scumbags just aren't determined by race or ethnicity at this point. Hopefully the guy gets jailed and barred. There's no amount of money that would justify hitting a woman, not when they've been very good and honest and helpful to you. That's someone's daughter and would eventually be someone's mother, you've practically thrown away your positive masculinity perk the moment you lift just as much as a finger against a girl.

To the young lady, I hope she finds someone who's smart enough to handle her, small misunderstandings don't warrant any form of violence, and good for her for being a crypto savvy person to begin with. All the more reasons for her to be able to stay away from poor bastards who assert dominance against those they are inferior against with threats of violence. Not cool man.

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Quote from: LoyceV on September 20, 2023, 06:53:20 AM

As far as I know, "money" or more generic "money problems" are amongst the main causes of divorce. If it wouldn't have been Bitcoin, it would have been something else.

I think that you're right, because what actually brings misunderstandings in marriage life is money and insincerity between the couples, and that happens when their is no longer full attention between each other, or their is shortage of money in family, mostly when their is shortage of flows of money coming to the family as it usually comes, the female gender will be thinking otherwise, so it's clear that bitcoin can not caused a divorce of couples, even gambling is not causing a divorce the way we may think. The problem of family starts from lacks of careering and attention, and majorly money.

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Quote from: yazher on March 03, 2024, 05:29:58 PM

I just heard this kind of story, that's why when we introduce Bitcoin to other people who want to know about it, we need to check their situation first because we will calculate their behavior whether they are capable of handling such pressure while investing in bitcoins or not. We need to share with them the necessary knowledge to avoid any conflict in the future which will lead to violence such as this one and free ourselves from any blame as well. that's why when I explained it to my friends, I only chose those who were capable of understanding my logic and had some enough patience when it came to investment, I passed on those who were in a rush to get profits, I'll just simply tell them that it's too risky and they need to avoid it.

Well, even if we introduce bitcoin or crypto currency things in bitcoin, it is not our responsibility to mind in their own business, and of course we can't control other people's minds or behaviours, so it is not necessary to know the person or their well-being even before we introduce bitcoin. What happens next is the own doings of the imvestor; anything he does beyond what is normal is his own responsibility.

This story of a husband who committed a crime just because he lost his investment in bitcoin or crypto is too much. What I mean is that the husband has a serious problem when it comes to handling his own emotions, so it's his fault, not the investment, and initially he was the one who invested in bitcoin or crypto. Anything that happens to him is his own doing. Every investor should know what they are capable of doing. If they can't handle their emotions and behaviour, then a stressful thing like an investment is not suitable for them.

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Quote from: JayTrain on March 03, 2024, 04:54:36 PM

This story highlights the importance of financial literacy and emotional control in investing. Investing in cryptocurrencies can lead to conflicts, but the main issue often lies in improper financial management and emotions.However, it is important to remember that blaming cryptocurrency alone for all problems and failures is incorrect. The main issue often lies in ignorance, improper risk management, and emotional reactions.

I agree with what you said in this case because indeed by looking at what happened it seems that we understand that this will be a lesson that occurs so as not to be too aggressive and risk everything for bitcoin even though bitcoin is a very good thing in terms of investment but it does not mean that the decisions we make are never wrong because if in the end the decisions we make are wrong then it could be that investing in bitcoin which initially would be very profitable ended up the opposite.

Looking at the context of the narrative of the article given by the OP, it seems that we must be aware that this happened due to a lack of spousal communication which made the husband make his own decision to give up completely on bitcoin which ended in failure. From this we can take a lesson that saying buying bitcoin as much as we can and not pushing too much is a decision that can be considered correct.

It's okay to take aggressive action if you can but that doesn't mean you have to bet everything on bitcoin because it will seem like a silly thing when you can't afford it.

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Quote from: yazher on March 03, 2024, 05:29:58 PM

I just heard this kind of story, that's why when we introduce Bitcoin to other people who want to know about it, we need to check their situation first because we will calculate their behavior whether they are capable of handling such pressure while investing in bitcoins or not. We need to share with them the necessary knowledge to avoid any conflict in the future which will lead to violence such as this one and free ourselves from any blame as well. that's why when I explained it to my friends, I only chose those who were capable of understanding my logic and had some enough patience when it came to investment, I passed on those who were in a rush to get profits, I'll just simply tell them that it's too risky and they need to avoid it.

That's also the other way of teaching other people about cryptocurrency. I would do the same as you except the the capable part. I wouldn't be blamed if there's something will happen like that because I will explain it to the person what will or may happen when you're investing in bitcoin for example. This is what I will say to him/her, now I taught you about crypto and If ever you want to invest then I have nothing to do with it and it's your own decisions. I am saying this as to tell you that I didn't forced you to invest and even explained it to you about risk when investing.

So far, no one blamed me and some are even happy that I taught them about crypto and it's up to them to increase their knowledge more.

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I just heard this kind of story, that's why when we introduce Bitcoin to other people who want to know about it, we need to check their situation first because we will calculate their behavior whether they are capable of handling such pressure while investing in bitcoins or not. We need to share with them the necessary knowledge to avoid any conflict in the future which will lead to violence such as this one and free ourselves from any blame as well. that's why when I explained it to my friends, I only chose those who were capable of understanding my logic and had some enough patience when it came to investment, I passed on those who were in a rush to get profits, I'll just simply tell them that it's too risky and they need to avoid it.

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Quote from: Gladitorcomeback on March 03, 2024, 03:01:14 PM

Quote from: ndutndut on November 06, 2023, 01:53:40 PM

I see that the news also doesn't seem to be entirely because of Bitcoin, it seems that because of Bitcoin there are murders that seem to accompany Bitcoin public opinion which can lead to crime. Even though someone could kill because of other things that could be the trigger, it's just that in this case it was triggered by family commotion and excessive jealousy which led to the murder. Losing bitcoin is true, but the main problem is not because bitcoin necessarily has other problems. Yes, I am sorry for the deceased. This momentary life is to be enjoyed, not to commit heinous acts that cause death.

OP you should know thta It often happens when one thing becomes bad for an act that didn't happen because of it, especially if a crime is committed with its name while it isn't the actual reason behind the crime. When Bitcoin was first getting popular, media and influential people called it a criminal currency because it promotes anonymity and privacy and isn't traceable, but that doesn't mean Bitcoin is actually a currency that is created and used by criminals, it is just that it has properties that might give then an advantage but people connected the dots and decided to make it look bad by connecting it with criminals just because of that. Purpose of creation and misuse are totally different things and we cannot blame btc for it

Incidents like this happen very often in any case, because Bitcoin is an object and when they have problems involving Bitcoin, people who don't know Bitcoin well will judge Bitcon negatively or it happens because of Bitcoin.
And this is the same as fiat or anything, and the most common is household destruction because of the economy or money. Actually, because of his stupidity, he didn't want to earn money by working so that the economy would be fine. Likewise, when we invest elsewhere, and when there is a problem and it is related to what was invested, then people will judge because of that investment. So a good and wise person will do research to find out who is really to blame.

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This story highlights the importance of financial literacy and emotional control in investing. Investing in cryptocurrencies can lead to conflicts, but the main issue often lies in improper financial management and emotions.However, it is important to remember that blaming cryptocurrency alone for all problems and failures is incorrect. The main issue often lies in ignorance, improper risk management, and emotional reactions.

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Quote from: ndutndut on November 06, 2023, 01:53:40 PM

I see that the news also doesn't seem to be entirely because of Bitcoin, it seems that because of Bitcoin there are murders that seem to accompany Bitcoin public opinion which can lead to crime. Even though someone could kill because of other things that could be the trigger, it's just that in this case it was triggered by family commotion and excessive jealousy which led to the murder. Losing bitcoin is true, but the main problem is not because bitcoin necessarily has other problems. Yes, I am sorry for the deceased. This momentary life is to be enjoyed, not to commit heinous acts that cause death.

OP you should know thta It often happens when one thing becomes bad for an act that didn't happen because of it, especially if a crime is committed with its name while it isn't the actual reason behind the crime. When Bitcoin was first getting popular, media and influential people called it a criminal currency because it promotes anonymity and privacy and isn't traceable, but that doesn't mean Bitcoin is actually a currency that is created and used by criminals, it is just that it has properties that might give then an advantage but people connected the dots and decided to make it look bad by connecting it with criminals just because of that. Purpose of creation and misuse are totally different things and we cannot blame btc for it

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Quote from: pooya87 on September 20, 2023, 01:17:31 AM

Quote from: bluebit25 on September 20, 2023, 12:04:10 AM

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

Exactly, there are already lots of news about domestic disturbance very similar to this case here that have nothing to do with bitcoin. We are going to see a lot more due to the increased economic hardship around the world too. But when bitcoin is involved the propaganda machines start getting active and choose it to spread FUD trying to slow down the adoption which they are too afraid of.

How is it even possible to conclude that bitcoin is a cause for domestic violence.Arguably,a decline in the overall wellbeing of the family as a result of poor financial management can cause a failure in the marriage.Could it be that one of the partner have mismanaged the family's savings or funds for irrelevant activities.

However,Financial stress/decline can lead to domestic violence in the family,Many people in thier marriages do not have access to finances;most times you'll hear the victim say things like "He controlls all the money,I had to account for every cent I spent.Although it can happen to anyone, like other forms of family violence,and it is most times happens by men against women.

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Quote from: DeathAngel on November 01, 2023, 06:14:05 PM

The problem detailed in the OP wasn’t really bitcoin when you break it down. Anybody who is willing to kill a family member has serious problems. To take a life is such a big thing, there is obviously some deeper rooted problem with the guy in the OP’s post. I don’t think bitcoin can be blamed for things like this, if it wasn’t bitcoin then there probably would have been some other trigger, the guy is obviously mentally unstable. RIP to the deceased, such a tragic waste of life.

I see that the news also doesn't seem to be entirely because of Bitcoin, it seems that because of Bitcoin there are murders that seem to accompany Bitcoin public opinion which can lead to crime. Even though someone could kill because of other things that could be the trigger, it's just that in this case it was triggered by family commotion and excessive jealousy which led to the murder. Losing bitcoin is true, but the main problem is not because bitcoin necessarily has other problems. Yes, I am sorry for the deceased. This momentary life is to be enjoyed, not to commit heinous acts that cause death.

Topic: A matter of family conflict regarding Bitcoin. (Read 1235 times)