Re:Bitcoin falls under $16,000
by notch656a on Wednesday November 09, 2022 @07:10PM
(#33540192)
It's true. It would be a lot more difficult with something like a privacy coin. Someone could write down a 12/13 word phrase as a hot wallet and have a cold wallet with a memorized phrase. No one knows how much are in either wallet or that the two are even linked.
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Re:Bitcoin falls under $16,000
by UncleEntity on Wednesday November 09, 2022 @09:05PM
(#33541248)
Pretty sure after they break out the blowtorches you’ll be volunteering this information…
Torture works a lot better if you know what you're looking for. With BTC you know exactly what it is you're looking for and how much. If all you know is they paid with a privacy coin then you have no idea how many wallets they have or how much money, there's no more advantage to giving up 2 wallets than 1 as there's no reason for an attacker to not think there's a 3rd you're holding out on if they didn't believe you the first time -- the options would be give up everything and get blow torched or give up only some and get blow torched