Movie Cold Wallet, or why you as a crypto owner are never safe

Discussion in 'Crypto Assets' started by Pekelo, Jan 21, 2025.

  1. Crypto is even worse than cash. To get your cash, at some point some a criminal has to physically go somewhere.

    With crypto, someone can kidnap your family member and they don't even have to risk getting grabbed by the police to get the ransom.

    No more Jeff Lebowski tossing a bag off a bridge. Just a direct immediate payment to whatever third world hellhole their gang is based in.

    Crypto is a menace.

    Imagine the Harvey's Casino bombing... But with crypto.
    https://www.casino.org/news/harveys-casino-bombing-revisited-in-bringing-down-the-house/
     
    #41     Feb 12, 2025
    johnarb likes this.
  2. johnarb

    johnarb

    Not financial advice, nor any type of advice, but I am making plans to switch out self-custodial bitcoin to combination of bitcoin spot etf's and mstr stock and perpetual preferreds

    From there will be able to manage margins and selling covered-call/cash-secured puts according to cycles, bull market/bear market, seasonal trading ranges


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    #42     Feb 16, 2025
    semperfrosty and NoahA like this.