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Re:Top Bitcoin dev gets owned by gruez on Sunday January 01, 2023 @09:04PM (#34213378)
>If it was that simple and easy why wasn't he doing it. It's simply a ridiculous failure mode that you can lose your entire life savings with no recourse if you make a silly mistake.

Except in this case, it seems like he went out of his way to make it less secure, by putting his wallet on his server. This isn't a case of someone losing his mattress savings in a random home burglary, this is a case of someone leaving a duffle bag of cash in the seat of a car.

Re:Top Bitcoin dev gets owned by arcticbull on Sunday January 01, 2023 @09:06PM (#34213389)
At the risk of murdering this dead horse there's a reason nobody positions duffle bags of cash as the future of finance no matter where located. Precisely because they can be stolen without recourse. Had that money been safely in a bank account they'd still have it in both these examples.

I mean this guy is already demanding the FBI get involved when the FBI's position is you should just put it in a bank account and not need to call us in the first place.

https://www.newyorker.com/humor/daily-shouts/l-p-d-libertari...

Re:Top Bitcoin dev gets owned by gruez on Sunday January 01, 2023 @09:27PM (#34213536)
>At the risk of murdering this dead horse there's a reason nobody positions duffle bags of cash as the future of finance no matter where located

I think you're conflating "someone who is defending crypto in this particular instance" with "someone who thinks bitcoin will take over the world".

>I mean this guy is already demanding the FBI get involved when the FBI's position is you should just put it in a bank account and not need to call us in the first place.

Yeah, I think we're in agreement here that he was acting like an idiot.

Re:Top Bitcoin dev gets owned by arcticbull on Sunday January 01, 2023 @09:53PM (#34213694)
> I think you're conflating "someone who is defending crypto in this particular instance" with "someone who thinks bitcoin will take over the world".

We've talked a few times, I always appreciate your perspective :)

Re:Top Bitcoin dev gets owned by jboy55 on Sunday January 01, 2023 @09:59PM (#34213725)
He didn't put his wallet on his server.