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physical-bitcoin-attacks reviews and mentions
- The privacy that coins like Monero give far outweighs all the illegal uses of it, everyone has a right to privacy that shouldn't be taken away
- One of the advantages of blockchain is that we can roughly calculate how much money went into scams involving cryptocurrencies, because everything is on the public blockchain. Can the same be said for taxe evasion, bribery, corruption, drug trafficking, and other stuff that don't involve crypto?
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Kaspersky: Case study: fake hardware cryptowallet (Trezor)
Obligatory $5 wrench xkcd: https://xkcd.com/538/
Still, physically threatening/kidnapping somebody is an entirely different threat model, although it's very common in the Bitcoin world: https://github.com/jlopp/physical-bitcoin-attacks
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Has there ever been a recorded case of someone being physically robbed of crypto?
This isn't only a comedy topic, there is a list on Github with all known physical Bitcoin attacks.
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Dubai Crypto Manager Abducted for €1M Ransom Has Been Rescued in Spain
This one can be added to the list of known crypto attacks. It will be #188.
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How will Bitcoin coercion evolve in the near-to-mid future?
We don't have the answer, but can share the concern. jlopp/physical-bitcoin-attacks holds a list of such "$5 wrench attacks" where people torture others in hopes of stealing their crypto.
- Hide Ledger
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$5 Wrench Attacks: Why Crypto Will Not Widespread
There have only 130 wrench attacks reported in the history of Bitcoin.
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LPT: If you have a hardware wallet and also own a gun, keep them in the same place
You act like this doesn't already happen to people: https://github.com/jlopp/physical-bitcoin-attacks
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Friendly reminder: never keep your seed together with your device, it makes it useless
Prob talked about it unfortunately. She knew enough to go looking for the hardware wallet + seed. Everything else she took was just extras. Physical altercations almost always involve prior knowledge of the victim's possessions..
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A note from our sponsor - WorkOS
workos.com | 25 Apr 2024
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jlopp/physical-bitcoin-attacks is an open source project licensed under The Unlicense which is not an OSI approved license.
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