Topic: Will You Return Hardware Wallet That Contains 3+ BTC in a Hotel Room? - page 3. (Read 432 times)

She cannot actually hide that amount because surely there will be a thorough investigation and truth will prevail , meaning I am not questioning that person's act but it gave her some doubts of hiding and keeping that amount.

Maybe better to ask if she found that amount in a place where no one can find the truth and there what would be her action.

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Also this is different from your question because if we are talking about hardware wallet in which there is a Bitcoin in there? then that is a different story.

though for me , keeping someone's money is like taking them away from them so Stealing it is and I will never come to take that funds.

There is a big difference between hardware wallets, in which the average person cannot access your money by owning the device only, as he needs to know the PIN or seek the help of professional hackers that may not be able to recover your coins, while in seeds, you have access to those coins, and they become yours if the user does not withdraw his money quickly.

The problem lies in how to determine the person's ownership of those coins, often people do not keep records of their purchase of their coins or they will need some time to verify them.

If the opposite happens, the best advice is to keep the seeds nearby so that you can send coins quickly.

No i will not return it to the owner.  just kidding. But 3+ BTC is a huge amount and it is enough to make someone greedy. Even a man with solid morality. But still, there are good people like the one in your example I am talking about maid. She must have a big heart to do that. Because making daily earning must not be easy and even in all that problematic life she choses not to take that much amount.

Which might help her out. But still she chooses the right path so i think i should also chose the right path. If the 3+ BTC is best for me then giving them back to the owner is much better than that. But, i know, not in this world, i am going to face such situation. maybe in my imagination world but in this world. So, i should not think about it that much neither you should.

I can't help but laugh in Chinese here, it's not so kind to keep what is not yours, it's just gross. If I was you, I will either leave it and go my way as if I never saw it or call the attention of the hotel management to it.

What is not yours is not yours, you can do well by avoiding Karma by doing the right thing. A true man would work for his money.

If I know who owns it, I will hand it over to the owner. If not, I will keep it for a while and tell the hotel manager where I work that I found the Bitcoin wallet. And if, after a few days, no one notices the loss of the Bitcoin wallet, I will probably go to the radio or television station to broadcast the news. And if nothing is missing, I'll turn them over to the police.

It is unlikely that someone will randomly put the seed phrase from the Bitcoin wallet because at least he already knows how to keep it from other people. Maybe for his Bitcoin wallet, he forgot to save it, so it's normal for it to happen.

But it's up to people what their reaction will be when they come across something that isn't theirs. But they should have returned it to the owner because it didn't belong to them. But some people want to have something, especially if they find it in a public place. This concerns one's morals and the temptation to have one is there.

I would return it to the actual owner who proves me the ownership of the hardware wallet as I cannot access it by anyway unless I am a professional hacker.
As I can't access it, the wallet is basically worthless for me. Instead by returning, I can atleast get a small tip from the owner if he's generous enough.

Also, do you realize that you can use the private key and buy a new hardware wallet and import the account there? So I fail to understand why this is a discussion.

If i would find that money then i will have some thoughts about it. Like, what if the money is not legal? If it proved to be illegal then i am stuck with it i can not use it. I will be the one considered guilty behind it. Second, i could not take it to the police station either the money is in Fiat or in BTC. Why? legality of the fiat can not be proved and BTC is not legal in my country so that's not an option.

I might take the HW with seed phrase with me because by carrying them with me at least on one will find me or could track me. So, if the owner is legit he/she will be back and when they will be back i will investigate him/her with my friends maybe who are in legal firms. Or maybe with a lawyer.

Then i might bring the device to the police too. Because now i have the proof that someone came back for his/her money. I will be careful with such big amount of money because i will be the one questioned by authorities not the ones owning it. (If it's illegal).

$70,000 in cash would be hard to keep hidden. Hotels usually have surveillance cameras throughout the building so it wouldn't be too hard to narrow down a list of suspects to determine who took the money. The same thing applies when we are dealing with someone's seed phrase. If you are in a located in a place that is being surveilled and there are many people around the odds of getting away with it are low so you are better off returning it to the original owner.

That depends. Do I get to keep the Bitcoin? If yes, then sure, I’ll return the hardware wallet. If no, then sorry, I’ll have to keep it as a souvenir. 😜

Now that sounds strange to me as why would anyone carry their seeds phrases with them while travelling and just put them in a bag which have high chances of getting lost ? But still if you have found the bag humanity says you should return it to the owner because don't know how much they need it or have saved their income with hard work so you should not keep it being greedy.

I believe the "Good" that you do, will come back to you. Imagine that women decided to keep the wallet and her employer decided to to test her honesty by "planting" that wallet in the room.... she would have lost her job, if she decided not to return it.

There are always some kind of consequences for our actions, so I think positive actions ....bring positive consequences. The employer might have given her a raise in her salary, if she was honest and he felt that he could trust her.   (The owner of the wallet could even have given her a large reward for her honesty)

This topic is totally based on imagination and I think this is never going to happen specially losing hardware wallets and at the same time backup phrase. I never think anyone will bear his phrase in the hotel and there will be extra layer authentication obviously like pin code or passwords. If someone unfortunately lose his backup phrase in the hotel then he must have another backup obviously because he knows how important it is.

So unfortunately in my POV this is just an imagination and nothing going to happen like his. So we could make this discussion bigger but the output will be zero.In my case I will wait for the real owner because he might remember now and searching it. So he will obviously come to the hotel again. If it not happens then I will inform to Hotel management and submit to the police. So that if someone search it can easily get return with providing proper proofs.

If it were me, this would be a long thought for me. Do I have to return it, and I won't, because I think the original owner must have kept the seed phrase in reserve.
and I will keep it in a safe place and I will always check at any time whether the bitcoin nominal is still intact or not and this will be done in the long term, while waiting for developments whether the person is looking for it or not. And if it's been years with no progress in the number of bitcoins and information from their owners, I consider it my luck.

In this type of situation, you would have to see what the person does in the real situation, because you may say you would return it and if you were in that situation you would not do it. For my part, I have given money back but they were much smaller amounts. I think I would do like the OP, but you never know. If I didn't know who the owner was and I really needed the money I might be tempted.

It must not be a Bitcoin story but can be anything else.

Good people will return any asset they found even that asset has value like a fortune with them. Such stories are not too rare in life and I believe you already read such stories some times in your life. So this Bitcoin story and your question is not necessary. The answer is obvious, if she is a good person, she will find ways to return Bitcoin to the victim but if she is morally bad, she will steal it and keep silent even if the victim asks her about that.

No matter what, you should always return it, even if it is a small or big amount, because the owner of it is really struggling to earn it. Also, with regards to the hardware wallet, it is impossible to know how much is in there if you don't have the private key or seed phrase, meaning you need to open it first before knowing if there are bitcoins there. But again, no matter what, do your best to find the owner of it; if not, give it to the most responsible authorities.

Not returning someone else's money you've found is stealing in my books, so obviously I'd return such a thing but most importantly I don't want others to do something like this to me (not return my money if I lose it some day) so I don't do it to others.

Every human is greedy, if there's an opportunity to get more money, every people will try it even you need to use a dirty way. $70,000 is huge, but it doesn't mean there's no one want to bring back the hardware wallet to the holder. It depends on how much the money you've make and how your wealth, if you make good amount of money and already have a good life, this kind people will return the hardware wallet.

Now, how much you make monthly and how much your monthly spend?

It is an interesting question….and it is mainly based on a controversy of principles, from what our parents taught us as children, perhaps for some, not returning money that was found is something normal and does not have any weight, but for the person who lost his money he can take it as a lack of morals, especially if this individual who took what was not his realized who was harmed, so depending on the circumstances in which the situation arises, conclusions can be drawn in this regard.

 For my part, there are different scenarios in which I would act reasonably without attacking my principles:

1-If I saw the person: I would immediately follow them and hand it over without thinking.
2-If I know the person: I would do exactly the same as in the previous point, I would try to communicate and express to him that I have something that belongs to him.
3-If I never saw the person and the money was simply there without any type of identification with which I can do something: I would simply take it, of course if this happens on the street, because if it is in an establishment, I would look for a way to deliver it.
4- If suddenly I get it and someone comes looking for what they lost, I would deliver it in its entirety.

You have to be honest and contribute to a better world, if you take something and you can have the opportunity to return it, it is best that you do so.

I would give them back only if I can find the real owner of the wallet, I mean, I wouldn't give it to the Hotel staff unless they ask for it.

And to be honest is a fun topic, what kind of people leaves close to $100k in the hotel, I think that's nonsense, if any of us travels with that amount of bitcoin for sure we would have them with us all time, or at least leave it in a place that we know they are save.