Topic: Going public saying you own Bitcoin is not safe anymore - page 8. (Read 933 times)
Sounds alarming, But I think that was only an isolated incident because in reality no one talks or shares any info to the public that they have possessed a lot of cryptocurrencies particularly Bitcoin. because if that happens the government will after you and tax your holdings, second is you might be in danger of being robbed, After all, many bad people are already knowledgeable about the fortune of cryptocurrencies that's why no crypto users in their right mind to do that in the public.
Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champins.
Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies.
That's why I don't like anyone to know I'm in the Crypto business.
Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies.
That's why I don't like anyone to know I'm in the Crypto business.
It's not just crypto business, am pretty sure it applies to all the businesses as well. Having money and bragging about it is totally ridiculous. People end up getting kidnapped, dead or even scammed by their own family members. Well the kid was too young to know what he should have/shouldn't have done but at the end of the day I hope he is safe and home soon.
That's why we talk about privacy as well. It's not a small issue. It's really complicated as well. Things get messy within seconds.
Even KYC is something that takes all the information and sends it to the government and if the website gets hacked there would be addresses and personal information of the whales coming out as well.
How safe it would be for them ??
Boasting should never be done.
It's never safe to announce your Bitcoin or money to public, you're make people around interested with you and don't be surprised if something bad happen to you. You're taking the risk of people would attack you and don't blame them if they do that, you're need to blame yourself to not share any sensitive information to public.
This is another reason I prefer using non-KYC exchanges to buy BTC for I don't want no one to know that I am buying and holding Crypto.
Don't forget to separate your device which you're using regularly and for Bitcoin only. So if your phone are stolen or your friends borrow your device, they wouldn't find any Bitcoin related.
No body but my father knows that I know of Bitcoin and other Cryptos and own a little.
He never talks about it to anyone and neither do I.
I treat Bitcoin as treasure. If you find treasure, you don't go around telling people about it.
This is another reason I prefer using non-KYC exchanges to buy BTC for I don't want no one to know that I am buying and holding Crypto.
He never talks about it to anyone and neither do I.
I treat Bitcoin as treasure. If you find treasure, you don't go around telling people about it.
This is another reason I prefer using non-KYC exchanges to buy BTC for I don't want no one to know that I am buying and holding Crypto.
Saying you make bitcoin or you make money or displaying to public about the amount of your bitcoin holding is very risky and can lead to what happened to the 14 year old kid. We should always limit the information we share on social media, limiting the information we share in the public.
Although, this is not related to kyc, but we need to be very mindful of kyc we shared on centralized exchanges, data breach can also lead to people knowing about the information we provided centralized service providers like exchanges. People having bitcoin should try all means to maintain privacy, any information shared is dangerous.
Although, this is not related to kyc, but we need to be very mindful of kyc we shared on centralized exchanges, data breach can also lead to people knowing about the information we provided centralized service providers like exchanges. People having bitcoin should try all means to maintain privacy, any information shared is dangerous.
Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champions.
Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies.
That's why I don't like anyone to know I'm in the Crypto business.
Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies.
That's why I don't like anyone to know I'm in the Crypto business.
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